irreticent@lemmy.world to Los Angeles@lemmy.world · 2 years agoThird-tallest tower in Los Angeles sells for 45% less than last purchase price as remote work, interest rates drive down office valuesfortune.comexternal-linkmessage-square14linkfedilinkarrow-up1212arrow-down13file-text
arrow-up1209arrow-down1external-linkThird-tallest tower in Los Angeles sells for 45% less than last purchase price as remote work, interest rates drive down office valuesfortune.comirreticent@lemmy.world to Los Angeles@lemmy.world · 2 years agomessage-square14linkfedilinkfile-text
With almost 30% of downtown LA office space available for lease or sublease, the value of the 62-story Aon Center plummeted.
Good. Fuck em.