Today, nearly a quarter of Washington, D.C.’s office space sits empty—an all-time high. The costs extend beyond struggling street-level retailers. The Bowser administration projects vacant ...

But remote work is not so great for landlords — or their lenders. Once-bustling office buildings are empty. Inevitably, some landlords will go bust. And banks that lent to developers will get ...

By the fall, electricity consumption had climbed back up to 90% of what it was before the lockdowns and office closures, and it has stayed there, according to Hatch Data. Offices are still empty ...

WASHINGTON (AP) — The Biden administration is launching a multi-agency effort to encourage states and cities to convert more empty office buildings into housing units, with billions of federal ...

There are more empty office spaces now than during the 2008 financial crisis. These vacancies could spell trouble for downtown city centers and the broader commercial real estate market.

But remote work is not so great for landlords — or their lenders. Once-bustling office buildings are empty. Inevitably, some landlords will go bust. And banks that lent to developers will get burned.

The Biden administration is launching a multi-agency effort to encourage states and cities to convert more empty office buildings into housing units, with billions of federal dollars available to help ...