DTLA listed among the least favorable downtowns globally
DTLA Faces Significant Challenges Downtown Los Angeles has emerged as one of the most dangerous urban areas among a list of 75 worldwide, grappling with significant issues related to homelessness and crime. According to Gensler’s 2026 City Pulse Report, DTLA ranks poorly in terms of vibrancy and attractiveness compared to other cities. When looking at […]
Rudin family plans to sell Downtown’s 80 Pine St. to Brooklyn developer Bushburg
News that the Rudin family is apparently planning to sell 80 Pine Street to Joseph Hoffman’s real estate company Bushburg for a low price of $160 million marks a painful turning point in the property’s history. Ta. The building, which the Rudin family reportedly hoped to sell for $200 million, held a special place in […]
Lower Manhattan office space ‘tours’ on the rise despite Downtown’s struggling properties
The downtown office market is in even worse shape than widely reported data suggests, according to several major dealmakers. One of them is an industry legend who doesn’t fit into the doom and gloom scenario, with large amounts of space quietly being subleased even in Lower Manhattan’s best-performing properties, the World Trade Center and Brookfield […]