Office

Myers was a goalie before pivoting to real estate. Justin Myers knows how to maneuver when a field of people is working against him. In college at ...

He moved to New York City in 2012, when the technology industry was experiencing a renaissance. Both his parents worked as brokers in California, so dealmaking was often at the breakfast table. He was recruited to play professionally for Chivas USA, then played in Puerto Rico, Vietnam and England.

The lawsuit stems from a complaint that the tenant filed with the United States Department of Housing and Urban Development (HUD), which, after an investigation ...

The U.S. “The U.S. The tenant made an election under the Fair Housing Act to have the Department of Justice, through the U.S. Morgan, Jr., violated the Fair Housing Act by discriminating on the basis of sex when he subjected a former tenant at a property he owns in Greeley, Colorado, to sexual harassment, and by retaliating against her by attempting to evict her after she confronted him about the harassment and obtained a civil protection order against him. The lawsuit stems from a complaint that the tenant filed with the United States Department of Housing and Urban Development (HUD), which, after an investigation by HUD’s Office of Fair Housing and Equal Opportunity, found reasonable cause that discrimination and retaliation had occurred. DENVER – The U.S.

WACO, Texas (KWTX) - A week after announcing his bid for a third term in office, McLennan County Sheriff Parnell McNamara finds himself in the market for a ...

“I consider David a good friend and he did a good job.” “It’s been an honor to work for Parnell McNamara and to serve the citizens of McLennan County,” Kilcrease said. “We did some fantastic things, and they were doing some fantastic things before I got here,” Kilcrease said. But at the same time, I have to be alive to miss it.” I am going to miss it. Parnell is my friend, Parnell has done great things for me, and I think I have done great things for the sheriff’s office.

Sidley Austin is telling junior attorneys they may lose bonus cash if they spend too little time working from the office.

Sidley policies are similar to those of clients, who have returned to offices, the firm’s statement said. Several firm leaders have said they’d like to see attendance pick up, but firms vary widely in how they police their office requirements. Attendance is one of the factors that will determine bonuses this year, managers told mid-level associates during annual performance reviews.

The Congressional Budget Office (CBO) said on Wednesday that it plans to release its 2023 baseline budget and economic forecast on Feb.

The U.S. Treasury Secretary Janet Yellen has declared a "debt issuance suspension period" allowing the government to claw back borrowing capacity from two federal retiree funds through June 5, but this could be extended. 15, along with a special report on the federal debt limit situation.

Companies that value their digital workers are letting them make business decisions that affect the office building markets around the world. It is fascinating ...

Paired with the effects of the pandemic, both retail and office spaces downtown have taken a major hit. 2022 saw a substantial drop in sales transactions compared to previous years, rounding out the year with a total volume of $928 million — less than half the year prior and averaging only $184 per square foot. Both the Raleigh and Durham downtowns have suffered the destructive effects of the pandemic and the summer of riots, especially Raleigh. Sales volume then doubled in 2020 ending the year with $2.1 billion in volume at an average price of $264 per square foot. In addition, new construction deliveries of a combined 3 million square feet are entering the market. The Raleigh-Durham office market contains about 77 million square feet of non-owner-occupied inventory. This has generated a low supply of buyers and lenders. And further aided by the wider availability of high-speed internet, the demands of the digital workforce are taking people out of their offices and, in some cases, around the world. Over 10 million square feet will likely be available in the near future. Recent data published by Kastle Systems (a keycard and security supplier for commercial buildings) shows that based on keycard swipes across the 10 largest cities in the United States, we are witnessing structural change in both the traditional work week and employee work hours, in degrees that are directly impacting the need for office space. Most recently, a 25 to 50 percent reduction of leased space is a typical range. In answer to the basic questions, one hears, “The in-office work week is now three days, primarily Tuesday through Thursday.”

Republicans in Congress and now Washington's Democratic mayor agree. President Biden's 2023 State of the Union should make good on his promise in last ...

[coronavirus](https://www.washingtonpost.com/coronavirus/?itid=lk_inline_manual_17) struck — four months after Biden [declared](https://www.washingtonpost.com/health/2022/09/18/biden-covid-pandemic-over/?itid=lk_inline_manual_17) that “the pandemic is over” — and still many fewer federal workers come into D.C. We need decisive action by the White House to either get most federal workers back to the office most of the time or to realign their vast property holdings for use by the local government, by non-profits, by businesses and by any user willing to revitalize it.” [groused](https://oversight.house.gov/release/hice-the-federal-workforce-exists-to-serve-the-american-people/) in a July hearing of the government operations subcommittee. “The federal government represents one quarter of D.C.’s pre-pandemic jobs and owns or leases one third of D.C.’s office space. (As usual, the proposed legislation has one of those cutesy acronym-friendly names, the Stopping Home Office Work’s Unproductive Problems Act — the Show Up Act.) Comer also [sent](https://oversight.house.gov/release/comer-takes-action-to-require-federal-workforce-to-return-to-the-office-provide-prompt-service-to-the-american-people%EF%BF%BC/) a Jan. The president is 80 years old, lived through a For far too many people in politics, a Republican position is by its very nature, unreasonable, right-wing and extreme — right up until the moment a prominent Democrat embraces it. In her inaugural address, she broached the obvious: Here we are, three years after the 11 [letter](https://oversight.house.gov/wp-content/uploads/2023/01/CJC-letter-to-Carnahan.pdf) to General Services Administration head [Robin Carnahan](https://news.stlpublicradio.org/government-politics-issues/2022-04-13/former-missouri-secretary-of-state-has-key-role-in-spending-billions-on-infrastructure) asking about whistleblower reports, received by Republicans on the committee, that she has spent most of her time working remotely rather than in Washington. The vast majority of federal workers will once again work in person.” James Comer (R-Ky.) “wrote asking when feds would return,” the Office of Personnel Management “stated federal employees would continue in a mix of in-office and telework arrangements. We’re doing that here in the federal government.

Office leasing among tech companies in the fourth quarter was barely a quarter of the volume from 2021, per Savill's data.

[down 57 percent](https://www.bisnow.com/national/news/office/tech-layoffs-taking-a-big-bite-out-of-beleaguered-office-market-117348) across the country from the previous quarter, according to Savills data reported by Bisnow. In Manhattan, the largest U.S. Along with the acceptance of work-from-home, that reduced their need for office space. There’s a decent chance of a further retreat from leasing by tech companies, or firms placing offices up for sublease so they can circle back during more optimistic times. [38 percent](https://therealdeal.com/2023/01/17/surviving-the-tech-wreck-manhattan-office-market-could-pivot/) of deals in the fourth quarter, according to Colliers. A year later, it’s more of a harbinger of doom.

Economic uncertainty loomed large in 2022, weakening tenants' resolve and cooling the office market. According to the latest VTS Office Demand Index (

VTS is the global leader with more than 60% of Class A office space in the U.S., and 12 billion square feet of office, retail, and industrial space is managed through our platform globally. With the VTS Platform, consisting of VTS Lease, VTS Rise, VTS Data, and VTS Market, every business stakeholder in commercial real estate is given the real-time market information and executional capabilities to do their job with unparalleled speed and intelligence. In 2013, VTS revolutionized the commercial real estate industry’s leasing operations with what is now VTS Lease. bucked the trend and saw office demand rise in December, reporting a VODI increase of 21.3 percent year-over-year. “What will be interesting to watch are shifts in small and large tenant demand in the new year. VTS is the commercial real estate industry’s leading technology platform that transforms how strategic decisions are made and executed across the asset lifecycle. Washington’s relatively strong job posting and VODI performance are linked to a high share of public sector employment, which are jobs that typically prefer an on-site presence vs. The smallest decline was in Boston, whose VODI fell 15.2 percent from a year ago, followed by New York City and Chicago, with 15.6 and 24.2 percent declines. A VODI of 46 indicates that new demand for office space was flowing in at 46 percent of its average in 2018-2019, a benchmark of the pre-pandemic normal. However, the December 2022 year-over-year decline was slightly larger than previous years, as indicated by the 14.0 and 11.4 percent declines in December of 2018 and 2019, respectively. Continued momentum in return-to-office will undoubtedly provide a tailwind for office demand in 2023 and beyond.” The largest decline was in Seattle, whose VODI fell 45.8 percent year-over-year, followed by Los Angeles and San Francisco whose VODIs fell 33.8 and 31.1 percent year-over-year, respectively.

The office leasing market for New Castle County slowed in the fourth quarter of last year, adding to 2022's net loss, Newmark reported.

[caption id="attachment_226278" align="alignleft" width="300"] Global law firm McDermott, Will & Emery has signed a new lease at the Brandywine Building in Wilmington. While sublease offers in Wilmington’s central business district reportedly fell last quarter, they were offset by new offers in the suburbs.The largest lease transaction last quarter was Medicaid plan manager AmeriHealth Caritas Delaware extending a nearly 23,000-square-foot lease in the Christiana Executive Campus at 220 Continental Drive near Newark, owned by Delle Donne & Associates. [caption id="attachment_229299" align="aligncenter" width="1200"] Medicaid plan manager AmeriHealth Caritas Delaware extending a nearly 23,000-square-foot lease in the Christiana Executive Campus at 220 Continental Drive near Newark in the largest quarterly deal.