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News@lemmy.world · 1 year 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 · 1 year 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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1 year 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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