Top news for real estate pros
Amazon postpones some return-to-office plans, saying it doesn't have enough space
Amazon is delaying the full return to a five-day office workweek for employees in at least seven U.S. cities, citing insufficient office space, though most of its 350,000 corporate workers are scheduled to return at the beginning of next year.
Entertainment execs want to turn San Diego into a Hollywood alternative
San Diego is positioning itself as a new film hub with the Chula Vista Entertainment Complex , a group of Emmy-winning industry professionals planning $47 million in production facilities to capitalize on California’s expanded film tax incentives and attract Hollywood spillover business.
Fed cuts interest rates again but signals slowdown on reductions in 2025
The Federal Reserve cut interest rates for the third time in recent months, falling within the range of 4.25% and 4.5%, while signaling fewer cuts in 2025 amid lingering inflation and uncertainty tied to former President Donald Trump’s upcoming second term and potential shifts in economic policy.
How this artificial island in the San Francisco Bay emerged as a housing development model
San Francisco’s Treasure Island is transforming into a mixed-income neighborhood with more than 1,200 new homes, including luxury and affordable units, showcasing a model for urban housing development amid the city’s soaring housing costs.
Corporate holiday parties are back in vogue, but with new twists
With hybrid work and rising interest rates prompting businesses to reduce office space, 59% of companies plan to host holiday events at external venues, up from 55% last year and 53% in 2019, according to a recent survey from Challenger, Gray & Christmas, Inc.
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