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OpenAI seals deal for San Francisco office space after CEO Sam Altman calls remote work ‘experiment’ one of tech industry’s worst mistakes
Success
OpenAI seals deal for San Francisco office space after CEO Sam Altman calls remote work ‘experiment’ one of tech industry’s worst mistakes
By Steve MollmanOctober 28, 2023
San Francisco
Success
San Francisco CEO who’s closing his $215 million company’s upscale office lounge says return-to-work push is ‘fighting a losing war’
By Steve MollmanOctober 27, 2023
Blackstone CEO Steve Schwarzman
Success
Billionaire CEO of the biggest owner of commercial real estate says remote employees ‘didn’t work as hard’
By Paolo ConfinoOctober 24, 2023
Software giant Atlassian is bucking the return-to-office trend—and has new ways of evaluating its real estate
Success
Software giant Atlassian is bucking the return-to-office trend—and has new ways of evaluating its real estate
By Steve MollmanOctober 12, 2023
Despite return-to-office mandates, most U.S. execs think remote work and hybrid will grow over the next 5 years as fully in-person work declines
Success
Despite return-to-office mandates, most U.S. execs think remote work and hybrid will grow over the next 5 years as fully in-person work declines
By Steve MollmanAugust 31, 2023
Photo of New York City Mayor Eric Adams.
Finance
New York City’s mayor just conceded defeat to remote work—and declared war on the housing crisis. Here’s how it went down
By Alena BotrosAugust 17, 2023
Zapier CEO Wade Foster (right) with fellow cofounders Bryan Helmig (center) and Mike Knoop.
Success
Zapier CEO rides remote work to a $5B valuation but swears by off-site gatherings: ‘Getting people together goes such a long way’
By Steve MollmanAugust 11, 2023
Artistic rendering of office skyscrapers being cut into ribbons
Finance
Trouble continues to mount in the office real estate sector: ‘You can’t get a loan today…there’s no liquidity in the marketplace’
By Alena BotrosAugust 7, 2023
Commercial real estate expert calls vacant office space ‘staggering,’ warns ‘we’ve never gone through something as tumultuous as this’
Finance
Commercial real estate expert calls vacant office space ‘staggering,’ warns ‘we’ve never gone through something as tumultuous as this’
By Michael P. Regan and BloombergJuly 22, 2023
Marc Benioff says downtown San Francisco is ‘never going back to the way it was’ as experts grapple with turning around the ghost town
Finance
Marc Benioff says downtown San Francisco is ‘never going back to the way it was’ as experts grapple with turning around the ghost town
By Anne D'Innocenzio, Janie Har and The Associated PressJuly 16, 2023
Airbnb CEO says this is ‘loneliest time in human history’ and we need to ‘rebuild physical community’
Tech
Airbnb CEO says this is ‘loneliest time in human history’ and we need to ‘rebuild physical community’
By Steve MollmanJune 23, 2023
The office real estate crash will be so sharp and deep that Capital Economics thinks office values are unlikely to recover by 2040
Finance
The office real estate crash will be so sharp and deep that Capital Economics thinks office values are unlikely to recover by 2040
By Alena BotrosJune 23, 2023
A tough time for CRE.
Finance
The $500 billion ‘Office real estate apocalypse’: Researchers find remote work’s effect even worse than expected
By Alena BotrosMay 25, 2023
Photo of Sam Zell
Success
Remote work is ‘bull***t’ and the ‘office situation will change,’ says real estate billionaire Sam Zell: ‘People need to be together’ 
By Steve MollmanApril 23, 2023
Employees pass between offices as UBS Group AG logo sits on a walkway at the UBS headquarters in Zurich, Switzerland
Finance
The Swiss banking giant that just took over Credit Suisse isn’t afraid of empty office buildings. A wave of defaults doesn’t mean a tsunami, it says
By Lance LambertApril 7, 2023
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