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Mike Watts - 2 Watts - 2 — - 1 it's - 1 Biden - 1 Goldman Sachs - 1 Steven Paynter - 1 Paynter - 1
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2 mentions found


☆ The office market is in trouble. Here's what real estate experts say all that space could be used for instead.
  + stars: | 2024-03-03 | by ( Yuheng Zhan | ) www.businessinsider.com   time to read: +5 min
The reality facing office owners has many of them thinking about office-to-residential conversions, a move also echoed by the Biden administration as a way to alleviate the housing shortage. This story is available exclusively to Business Insider subscribers. "You do see some office buildings right now that over the last 20 years have taken a part of their building like the low-rise and converted it to a hotel," he said. In less common cases, office owners in places like Los Angeles are pivoting their private buildings to film post-production sets. AdvertisementMedical offices are also options for landlords, Paynter said.
Persons: —, it's, Biden, Goldman Sachs, Mike Watts, Watts, Steven Paynter, Paynter, Todd Henderson Organizations: Service, Business, DWS Group Locations: Watts, Austin, Los Angeles
☆ Landlords are doing whatever it takes to fill their office buildings. See 10 ways to score an amazing deal on an office right now.
  + stars: | 2023-10-19 | by ( Alex Nicoll | ) www.businessinsider.com   time to read: +7 min
If you're not shopping for a new office right now, you might be missing out. With vacancies rising, many office landlords are doing whatever it takes to get leases signed, including dropping rents. Risa Letowsky, the co-chair of Adler & Stachenfeld LLP leasing practice group, told Insider that flexibility is the difference between successful and struggling landlords right now. See below for a list of the 10 top perks that office landlords are offering. Flexible lease lengthsThe traditional office lease is eight to ten years.
Persons: Risa Letowsky, aren't, Letowsky, Mike Watts, Andrew Lustgarten, Michael T, Cohen, Franklin Wallach, Carlos Avila Gonzalez, they're, Lustgarten, Watts, Matt Petit, Michael Lirtzman, Lirtzman Organizations: Adler, Stachenfeld, it's, Colliers, San Francisco, Getty, Silverstein Locations: Los Angeles, New York City, San Francisco , California, LA, Chicago
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