2 ms·
The CRE - Local government - PE cabal are insufferable. Most likely paid by the cabal to push the message because they all stand to lose billions if employees d
by qwertyuiop_ 3y ago
The CRE - Local government - PE cabal are insufferable. Most likely paid by the cabal to push the message because they all stand to lose billions if employees don’t warm the empty seats at the offices.
There is a lot of money to lose and the executives of the companies who are dragging the workers back to offices most likely have lot to lose personally on investments in commercial paper.
https://www.businessinsider.com/new-york-mayor-eric-adams-ceos-bring-workers-back-office-2022-2 https://www.businessinsider.com/new-york-mayor-eric-adams-ce...
https://www.bloomberg.com/news/articles/2023-03-30/wall-street-needs-pact-to-get-new-yorkers-in-offices-adams-says https://www.bloomberg.com/news/articles/2023-03-30/wall-stre...
https://www.connectcre.com/stories/office-to-cost-boston-1b-in-taxes-revenue/ https://www.connectcre.com/stories/office-to-cost-boston-1b-...
https://therealdeal.com/national/2024/02/16/cre-firm-cushman-wakefield-is-in-crisis/ https://therealdeal.com/national/2024/02/16/cre-firm-cushman...
https://markets.businessinsider.com/news/stocks/commercial-real-estate-grapples-with-1-trillion-refinancing-tsunami-in-2024-over-200-billion-in-office-debt-1033114523 https://markets.businessinsider.com/news/stocks/commercial-r...