Oracle has a campus in Austin, opened in 2018 to local fanfare, which it said could eventually house as many as 10,000 workers.
The borough’s hotel operators don’t expect business volume to exceed an average of 20 percent as shutdown warnings rise.
Canada’s BentallGreenOak plans to invest billions of dollars in Japanese office real estate over the next three years.
The surge in virus cases is once again emptying New York’s big office towers.
There have been large blocks of office space added to the market in the third quarter in office hubs around the nation.
More than 962 million hotel room nights have gone unsold through last week, up 46 percent from last year.
The median apartment rent in the borough fell by 22 percent in November compared to a year earlier.
Without a new stimulus package, the city’s economic and financial challenges are not likely to be ameliorated, according to S&P.
More companies are plotting moves to non-traditional locations with lower cost.
Some retail segments have been able to withstand ongoing pandemic challenges much better than others.
