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Commercial property
Office space vacancies in US and London reach at least 20-year highs
...Vacancies in San Francisco offices hit a two-decade high and reached a 20 per cent rate in the third quarter — up from 6.3 per cent at the onset of the pandemic....
October 10, 2023
Elaine Moore
San Francisco’s clean up should spur new city solutions
...In 2022, there were 887 people without homes per 100,000 residents, according to a report by the City & County Of San Francisco Office of the Controller City Performance Unit....
November 27, 2023
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
News in-depthDonald Trump
Trump masks his rage as ‘hush money’ trial starts
...Instead, he had to settle for the moral support of Andrew Giuliani, the son of the former New York City mayor and his erstwhile lawyer Rudy....
April 23, 2024
Donald Trump
New Yorkers’ unvarnished views of Donald Trump aired in ‘hush money’ trial
...The case was brought by the office of Manhattan district attorney Alvin Bragg....
April 16, 2024
San Francisco 49ers
San Francisco 49ers hope to spin Super Bowl run into financial gold
...The San Francisco 49ers will face off with the Kansas City Chiefs on Sunday in the hope of clinching their sixth Super Bowl victory, a feat that would put it in the ranks of the most successful teams competitively...
February 11, 2024
Climate change
Atmospheric rivers set to hit US west coast
...Large parts of the western US are forecast to be battered by more rain and wind because of an “atmospheric river” phenomenon, after the Californian city of San Diego experienced one of the wettest days in...
January 26, 2024
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
News in-depthDrug trafficking
How Mexico stymied America’s war on drugs
...Rafael Fernández de Castro, director of the Center for US-Mexican Studies at UC San Diego, said: “This government . . . reacts [to the DEA] with more emphasis on sovereignty — and that creates clashes....
April 5, 2024
News in-depthDonald Trump
Trump’s legal woes add new twist to Wall Street tower’s tangled story
...With remote working, New York City office vacancies have reached record levels. Older buildings have been particularly hard hit, including 40 Wall Street....
March 12, 2024
Honduras
Honduras’s former president convicted of drug trafficking
...most violent drug trafficking organisations in the world,” US attorney Damian Williams, whose office brought the charges, said following the verdict....
March 8, 2024
Donald Trump
Trump finds a sympathetic crowd in New York’s Harlem neighbourhood
...It was also an ideal backdrop to restate his claim that Alvin Bragg, the Manhattan district attorney, was pursuing him at the expense of actual victims of crime and violence....
April 20, 2024
The FT ViewThe editorial board
The painful reset in commercial real estate
...Projections by McKinsey suggest demand for office space will remain below pre-pandemic levels for decades, with at least a 26 per cent drop in the value of office space by 2030 across major global cities...
February 15, 2024
Donald Trump
Trump ordered to pay more than $350mn in New York fraud case
...and office buildings, hotels and golf courses by hundreds of millions of dollars....
February 16, 2024
US presidential election 2024
Trump spends more than a quarter of campaign donations on legal fees
...But about half of Americans would consider Trump unfit for office if found guilty of a crime, according to an Associated Press poll....
April 21, 2024
Film
Girls State, the documentary offering ‘a crystal ball on the US’s political future’
...Speaking over Zoom from San Francisco, Moss says that the idea of documenting them emerged from the despair the pair felt after the 2016 election of Donald Trump: “We were trying to make sense of the political...
March 22, 2024
Special ReportInvesting in America
California hustles to attract foreign investors’ money
...Meanwhile, San Diego, in southern California, fell four places to 29th in the ranking....
November 7, 2023
FT Live
Business Book of the Year Award 2024
The search for the best business book is under way
Monday, 9 December1 Grosvenor Pl, London SW1X 7HJ, UK
FT WealthRhymer Rigby
Is it a good thing for the very affluent to live in rich enclaves?
...You see this in cities such as London and San Francisco where a top 1 per cent income is routinely trotted out as ‘middle class’. This can become a problem if the cities’ rich go into government....
April 12, 2024
Football
‘The growth potential is incredible’: Change at the top for women’s football
...Last month the San Diego Wave set a new record after being sold for $120mn....
April 13, 2024
Commercial property
Office loans ‘living on borrowed time’
...Central business districts of some cities like as Seattle, Los Angeles, and San Francisco, where distressed sales represent a large share of transaction volume, have seen average office sales prices fall...
March 20, 2024
FT Globetrotter
What’s on in Rome: FT Globetrotter’s month-by-month guide to 2024
...the city centre....
March 4, 2024
Donald Trump
Donald Trump’s legal woes come to a head in his hometown of New York
...This week, he was legally outmanoeuvred in the city that knows him best....
February 17, 2024
Eric Adams
FBI seized New York mayor Eric Adams’s devices in corruption probe
...The office of the US attorney for the Southern District of New York, which is reportedly involved in the federal probe, declined to comment....
November 10, 2023
The Week Ahead
Opening arguments begin in Trump trial
...In a separate hearing, concerning the Trump Organization civil fraud case, the New York attorney-general’s office is expected to argue that the $175mn bond the company secured to avoid paying millions to...
April 21, 2024
Donald Trump
Donald Trump loses bid to delay enforcement of $450mn New York fraud verdict
...The upshot of Wednesday’s ruling is that “Trump must post a bond and, until then, the attorney-general can direct a New York City sheriff or marshal to walk into a bank or other financial institution and...
February 28, 2024
Travelista
Five buzzing urban addresses for your next weekend escape
...The newest of these, Violino d’Oro, which opened in November, sits in a mint situation on the rio di San Moise, a few hundred metres from St Mark’s Square....
February 18, 2024
LexSan Francisco
San Francisco: office vacancy rates track crime hotspots Premium content
...San Francisco remains one of the world’s most beautiful cities. Yet solutions for its deterioration are strangely lacking....
August 21, 2023

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