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News@lemmy.world · 2 years ago

Third-tallest tower in Los Angeles sells for 45% less than last purchase price as remote work, interest rates drive down office values

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Third-tallest tower in Los Angeles sells for 45% less than last purchase price as remote work, interest rates drive down office values

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News@lemmy.world · 2 years ago

Remote work hits LA office space, Aon Center sale shows | Fortune

With almost 30% of downtown LA office space available for lease or sublease, the value of the 62-story Aon Center plummeted.

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circuitfarmer
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- T00l_shed@lemmy.world
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  not like that ™
  - cheese_greater@lemmy.world
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    ¢urse$
- cheese_greater@lemmy.world
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  Not like that /$
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- whome@discuss.tchncs.de
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  No, we need a rescue fund right now! It can’t be true that the elite has to suffer under the tyranny of the working class!
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