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...Canary Wharf still has to tackle a November maturity on £564mn in loans tied to 1-5 Bank Street, an office tower home to SocGen and EBRD....
...Canary Wharf has pushed to diversify its estate to reduce its reliance on offices, adding life sciences tenants and building out its retail, leisure and hospitality portfolio....
...Ken Griffin’s Citadel has agreed a ‘‘dramatic increase” of its London office footprint, with a deal to move into British Land’s new flagship City tower....
...office tower....
...The building, opened as the Post Office Tower in 1965 by then prime minister Harold Wilson, will be retained “as an iconic hotel, securing its place as a London landmark for the future”, BT said....
...The financial district office building may not be “Trump’s rosebud”, as one acquaintance recently described his beloved Mar-a-Lago club....
...Brooklyn Tower may be more vulnerable because it is behind schedule, over budget and arguably overleveraged. The building was supposed to have been completed in 2022....
...The Grade II-listed building, which was opened as the Post Office Tower in 1965 by then prime minister Harold Wilson, would be retained “as an iconic hotel, securing its place as a London landmark for the...
...Now every office worker is glued to a screen. Traders just have more of them. They do not need their own architecture — or sometimes even offices....
...Harriett Baldwin, chair of the Treasury select committee, said the data discrepancies showed that Fujitsu’s contracts were more extensive than the Cabinet Office database suggested....
...to the nearby Gallileo tower at the end of next year....
...The district’s office towers, which attracted banks including Morgan Stanley when the area was first developed, have become less popular with some tenants as working patterns have shifted since the Covid...
...We can’t afford to miss it [ . . . ] There can never be too many new towers,” Simpson tells me unapologetically in the meeting room of his offices at the foot of a 50-floor tower he has designed....
...But many still hold the local mayor’s office and Elancia responsible for their insufficient regard for the house’s cultural legacy. Both declined to comment for this story....
...Planners for the City said that, in addition to offices, the new buildings would include “a vibrant public plaza at street level, paired with . . . an elevated serene and secluded garden at highwalk level...
...Sales of office buildings at La Défense on the outskirts of Paris have collapsed this year as the property downturn hits a business district conceived by the late French president Charles de Gaulle to rival...
..., making it appear as if he was working from the US Google office when he was in China....
...In what many are now calling a trifurcated market, those buildings rank below the newest and most modern towers, which are still fetching record rents, but above a growing list of older offices that are...
...The former Sears Tower in Chicago, the tallest building in the world for more than two decades after its completion in 1974, is one of those on the list....
...Referring to its theatrical roofscape, he says: “We were looking at the chimney pots on Victorian buildings, the corner turrets and towers....
...Where once the Wharf was a handful of isolated office towers let to big banks, he now sees it as a fully fledged district of London with a mix of offices, housing, shops and restaurants....
...Asking rents in the building range between the high $80s per square foot on the lower floors to $135 near the top of the tower, according to Fisher Brothers....
...Some might say that Mies, who pioneered the transparent glass house and the fully glazed, curtain-walled office tower, was at least partly responsible for the banal streetscapes of the contemporary city....
...The highest quality, newest towers in cities such as London and New York remain in strong demand, but a lot of older, lower-grade office buildings are becoming obsolete....
...One of the Trump Organization’s top properties, for example, is the office tower at 40 Wall Street. Trump also owns a minority share of another Manhattan office tower, 1290 Avenue of the Americas....
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