With an appraised value of one-third of what it was, the building owned by Livonia-based Schostak Bros. & Co. is underwater ...

In downtown Detroit, old office buildings remain the new frontier for housing and hotel developments. At least five office-to-housing or office-to-hotel conversion projects are under construction ...

District Detroit was proposed after the COVID-19 pandemic and shift to remote work. During the development's 2022-23 approval process, the developers' representatives said their office buildings ...

When you invest in the office space to provide for that, then it becomes an attraction." In addition, Watchowski said his company’s buildings in metro Detroit have performed well with high ...

A vacant office complex on the outskirts of downtown Detroit has a possible buyer and is no longer headed for public auction.

The leasing activity at Hudson's Detroit is an example of "flight to quality" as companies move from other local office buildings, said Paul Choukourian, executive managing director of the Royal ...

From 2014 to 2019, many of the demolitions were funded by the federal government’s Hardest Hit Fund. The goals of the fund are to help reduce homeowner foreclosures and stabilize neighborhoods. This ...

Properties listed for sale include buildings in Detroit, Port Huron ... time when it is also requiring employees to return to the office full time. About two dozen buildings in Michigan are ...

Several office buildings in downtown Detroit are currently undergoing conversion into residential apartments and hotels. The buildings include Harvard Square, United Artists Theatre and a building ...