Introduction: Pittsburgh’s Downtown office market has taken multiple hits over the past few years as vacancies have lowered the value of buildings. The most recent
Introduction: At the end of October 2024, the governor of Pennsylvania, surrounded by local officials and politicians, made an announcement that the Commonwealth of Pennsylvania
Summary: As 2022 closed, high vacancy rates continued plaguing office markets across the United States. In the final quarter of 2022, vacancy, for all classes
At least that seems to be the case as of yesterday’s announcement on the new PNC skyscraper to occupy Wood Street near the area of
Macy’s is reducing its Downtown store’s active floor space by 32 percent. Of course, employees are worried about possible job losses. This downsizing comes on
Pittsburgh’s Mayor, obviously unhappy about the impending departure of Saks from its Downtown location and the downsizing of Macy’s, has pulled together a blue ribbon
