Real estate industry executives expect Boston office rents to slump further as law firms and financial companies shed employees and cut costs.
(Pat Greenhouse/Globe Staff/File 2007)
No more towering rents
Amid the crisis, office landlords offer deals to retain tenants
Real estate industry executives expect Boston office rents to slump further as law firms and financial companies shed employees and cut costs.
(Pat Greenhouse/Globe Staff/File 2007)
Boston's sky-high office prices are coming back to earth. Rents are falling in downtown towers, as much as 10 percent this past month, as the financial crisis and rapidly worsening economy hurt two mainstays of the city's office market: investment companies and law firms. (Full article: 764 words)
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