Death of the HQ? Pandemic hits commercial real estate, but long-term trends still open to debate

A rendering of one of Amazon’s new buildings in Bellevue, Wash. (Vulcan Image)

“HQ’s are finished.”

That was the hot take this week from Chris Herd, founder and CEO of remote work setup startup Firstbase. After speaking with about 1,000 companies over the past six months, he estimates that many will be cutting their office space by as much as 40% to 60%. About 90% of workforces indicated that they “never want to be in an office again full-time,” he wrote.

The latest example of the trend is the news this morning that working from home will be a permanent part of the mix at Microsoft. Boosting access to talent, reducing costs, and quality of life were among the benefits of remote work cited by companies in Herd’s informal survey.

“Good thread on the future of work. I agree with him,” former Zillow Group CEO Spencer Rascoff chimed in

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Ocean City Home For Sale On Closest Lagoon To The Open Bay

OCEAN CITY, NJ — Entering the foyer, you will look right through to the waterfront mahogany deck, lagoon, boat docks and swimming pool. Check out the realtor.com listing for more photos.

  • Address: 2013 Glenwood Dr, Ocean City, New Jersey
  • Price: $2,400,000
  • Bedrooms: 4
  • Bathrooms: 3 Full and 1 Half Baths
  • Built: 2003
  • Features: Luxurious custom built Lagoon Front on desirable Glenwood Dr. Enjoy waterfront living with 50 ft. of dockage on Pitcairn Harbor, the closest lagoon to the open bay. Perfectly designed with all rooms filled with natural light from the many Anderson windows, french doors, awning widows and skylights. Wider staircases and a two story foyer create the perfect flow. Entering the foyer you will look right through to the waterfront mahogany deck, lagoon, boat docks, and swimming pool. This level hosts a large great room consisting of a custom Kitchen with Dacor double oven and Dacor gas cook
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Colorado nursing homes face new pandemic challenge: staying open

A decrease in the number of residents living inside, combined with increased costs, has led many facilities to financial trouble.

DENVER — The number of new cases of COVID-19 in long term care facilities has decreased since the beginning of the pandemic. Now nursing homes are facing another challenge: staying open.

Many facilities have had to invest more money into securing personal protective equipment to keep employees and residents safe. They’ve also had to pay employees overtime and bonuses for working through the pandemic. On top of that, the number of residents living inside these facilities has dropped sharply.

Doug Farmer is the president of the Colorado Health Care Association, representing senior care centers across the state. He estimates the number of residents living inside nursing homes has decreased between 15% and 40% in some places.

“When they start to see a decrease in the number of people that they

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Green Homes Grant Applications Now Open

Applications for the government’s Green Homes Grant, available to homeowners in England, can be made from today (30 September 2020) via the dedicated website.

Crucially, the work must be completed by 31 March 2021.

Tradespeople can also use the site to register their interest in undertaking work generated by uptake of the grant.

The government has also announced plans to upgrade the energy efficiency of privately-rented homes by 2028, and £50 million will be spent to improve the energy efficiency of social housing in England.

Here’s a summary of how the scheme works and how you might benefit, along with details of measures for those living in Scotland, Wales and Northern Ireland.

Government goes for green

In July, chancellor Rishi Sunak used his summer economic statement to unveil £3 billion of support to fund a ‘green recovery’ following the economic downturn triggered by coronavirus.

He said £1.5 billion

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