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In the prior quarter, as Fortune previously reported, the office vacancy rate had already reached 19.8%, which was 50 basis points above recessionary peaks recorded in 1986 and 1991, according to ...
Not to mention, the new record-high vacancy rate is 50 basis points “above the recessionary peaks recorded in 1986 and 1991,” an analysis published earlier this week found.
In the United States, for example, according to the Seattle Times office space was "tight" in Seattle and Bellevue in 2013. [4] However, in 2023, the office vacancy rate in the United States had risen to 12.9%, which was seen as the highest ever since one data collection firm began tracking such statistics in the year 2000. [5]
The national office vacancy rate just hit a record 19.8%, according to a preliminary report from Moody’s Analytics. ... In New York City, office vacancy levels have topped 20% since the COVID-19 ...
She attended Millwood Public Schools and Northeast High School in Oklahoma City before graduating from Langston University. [2] Prior to serving in elected office Nice was a radio and television personality in Oklahoma. She was an on-air personality at Heart & Soul 92.1 and Power 103.5. [3]
The company then entered into foreclosure talks at the 14-story Circle Tower Office Building at Monument Circle in Indianapolis after defaulting on a commercial mortgage tied to the property. [11] Kansas City, once a thriving co-working city, began to experience rising office vacancy rates as work from home trends accelerated. The company was ...
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