Tag Archives: doom loop

Big Tech loses its appetite for office space, adding to landlords woes

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Tech firms such as Meta, Amazon, Salesforce and Google are offloading office space and letting leases expire. Continue reading →

Professor who predicted urban ‘doom loop’ sees NYC exception

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Stijn Van Nieuwerburgh, whose 2022 paper inspired debate about the future of big cities, says things now seem to be looking up for New York City. Continue reading →

Treasury Secretary: Commercial real estate will suffer ‘some pain’

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In her first interview since the resolution of the debt ceiling crisis, Treasury Secretary Janet Yellen said that while she expects “some pain” and even consolidation, banks will weather the storm. Continue reading →