Strongest argument in favor of an air-walking economy is WeWork, Uber, Lyft, and other unicorns destined to never make a dime. Throwing billions of dollars at these losers is a recessionary harbinger.
Hundreds of millions of dollars in lost opportunities, bungled projects, and out-right featherbedding.
The practice of renegotiating rent is older than selling Thanksgiving turkeys as loss leaders, but there is a relatively new, ugly wrinkle to the game.
A “bust out” is a fraud used in organized crime, wherein a business’s assets and lines of credit are exploited and exhausted to the point of bankruptcy.
“Amazon’s plunge into the $800 billion US grocery industry posed an existential threat to rivals”: CNN, August 2018. So let’s see.
WeWork landlords in America are likely to learn: In a down market, they’re all going to be partners, voluntarily or otherwise.
Commercial real estate developer shares his insights on how to prepare for it.
Moral bankruptcy may be one of the quickest preludes to Chapter 11.
Compass, a real-estate-brokerage unicorn with $800 million in venture funding and a $2.2 billion “valuation,” disrupts – itself?
High housing costs & taxes lead to this: “Once we decided we had to get our employees out of California, we went about our search systematically.”