Third-tallest tower in Los Angeles sells for 45% less than last purchase price as remote work, interest rates drive down office values

With almost 30% of downtown LA office space available for lease or sublease, the value of the 62-story Aon Center plummeted.

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Good. Aren't we supposed to be excited at the "free market" at work?
- Not like that /$
- No, we need a rescue fund right now! It can't be true that the elite has to suffer under the tyranny of the working class!

99 comments