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News@lemmy.world · 11 months 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

return2ozma@lemmy.world to

News@lemmy.world · 11 months 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@lemmy.sdf.org
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11 months ago
Good. Aren’t we supposed to be excited at the “free market” at work?
- whome@discuss.tchncs.de
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  11 months ago
  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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