JPMorgan Proceeds With Plan To Build US$3b Office

USA – Even though the virus outbreak has changed how people work, JPMorgan Chase & Co’s CEO Jamie Dimon recently announced that the bank will push on with its plan to construct a new...

Major Tech Firms Expand In New York As Offices Lie Empty

USA – America’s tech giants – Facebook, Apple, Google, and Amazon – are all increasing their office space take-up in New York City, providing a vote of confidence amidst dismal times, with many of the...

Manhattan Office Glut Expected To Exceed 2009 Peak

NEW YORK CITY – The amount of office premises in Manhattan that can be sublet is still rising, hitting the highest level since the aftermath of the 2008 Global Financial Crisis, and it’s dragging down...

Thomson Reuters Considers Selling Manhattan Office Tower

NEW YORK CITY – Sources revealed that financial news provider Thomson Reuters Corporation is looking to divest its 50 percent interest in a 32-storey office tower in Midtown Manhattan’s Times Square area, reported Bloomberg on...

Office Space Take-up Could Drop 20%: Barclays

US/UK – The arrangement of working from home is expected to become prevalent even after countries across the world have defeated the COVID-19 pandemic, reported Forbes on Monday (28 September). The prestigious media company cited a...

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