WeWork said Thursday that it was going to close roughly 40 “underperforming” locations in the United States and tempered its revenue forecast for the year, highlighting the challenges the co-working company still faces after its near collapse and subsequent bailout in 2019. — The New York Times
The company reported a pre-pandemic level matching 71% occupancy rate for Q3 but will fall short of previously projected revenue values for the year owing to “lower than expected” growth in the U.S., Canada, and Japan. Its own S9-designed Dock 72 corporate offices in Brooklyn were also reduced... View full entry
Following last week’s visit to Los Angeles-based RIOS, we are moving our Meet Your Next Employer series to New York City this week, where we meet multi-disciplinary studio Marvel. From their studios in New York City, Richmond, Virginia, and San Juan, Puerto Rico, the firm has produced several... View full entry
In the last two years, apartment conversions jumped by 25% compared to two years prior. More precisely, this increasingly popular real estate niche brought a total of 28,000 new rentals in 2020-2021, well above the pre-pandemic years of 2018-2019 when 22,300 apartments were brought to life through adaptive reuse. — RentCafe.com
The new data set from real estate researchers Yardi Matrix gives some additional context to the information in yesterday’s 2022 AIA Firm Survey, which said that almost half (48%) of all projects currently being pursued by U.S. firms involve the renovation, rehabilitation, extension, or... View full entry
The UK’s Architects Registration Board (ARB) has found a British architect guilty of unacceptable professional conduct after the architect made “a series of offensive and antisemitic comments and gestures.” The architect, Justin Rooney, was also found guilty of making “a series of... View full entry
Following last week’s look at an opening for a Designer / Project Coordinator at Cliff Garten Studio, we are using our Job Highlights series this week to explore an open role on Archinect Jobs for a Design Lead at Den Outdoors. The successful applicant will join Den’s small, fully-remote team... View full entry
Design projects involving the renovation, rehabilitation, extension, or preservation of existing buildings account for 48% of billings at U.S. architecture firms according to an AIA survey. The findings, which form part of the 2022 AIA Firm Survey: The Business of Architecture, continues a trend... View full entry
The Dodge Momentum Index (DMI) continued to steadily rise in October, with a 9.6% boost to 199.7 from the revised September reading of 182.2. This increase was driven by a 13% and a 2.9% rise in the commercial building and institutional building components, respectively. As detailed by Dodge... View full entry
The American Institute of Architects (AIA) together along with the Association of Collegiate Schools of Architecture (ACSA) has published a new supplement to its Guides for Equitable Practice in order to reflect a renewed focus of university education and institutions. The supplement, titled... View full entry
Following last week’s visit to Atlanta-based Houser Walker, we are moving our Meet Your Next Employer series to Los Angeles this week to meet the international design collective RIOS. Founded by Mark Rios in 1985, the collective has evolved from its architectural and landscape architecture... View full entry
A UK-based organization dedicated to salary transparency in architecture has published its first snapshot of salary results following hundreds of grassroots submissions. As we reported in October, The Pay 100 is calling on architecture workers in the UK to submit their salaries to the group, who... View full entry
Following last week’s look at an opening for Architecture Department Head at Penn State, we are using our Job Highlights series this week to explore an open role on Archinect Jobs for a Designer / Project Coordinator at Cliff Garten Studio. The successful candidate will join the artist’s... View full entry
3D experience pioneer Squint/Opera has been acquired by the digital agency Journey in a move announced on November 1 by the newly-formed entity. The merger will enable both to pursue an expansion of their services at a time when the industry is seeing an increase in demand thanks to the advent of... View full entry
Starting Tuesday, most employers in New York City will be required by law to post salary minimums and maximums in any open job posting. Almost all job postings online or on signs on storefronts across New York City will be required to list a salary minimum and maximum starting Tuesday. Postings can’t leave the salary open ended, like posting “$15 an hour and up.”
Any job that can be performed at least partly in New York City is covered, whether the worker is in an office or working remotely.
— Gothamist
The city had previously voted to delay the law from taking effect in May amidst resistance from the business community, which in the end only gained an amendment laden with small concessions. Now first-time offenders will no longer be penalized, though fines for any proceeding non-compliance... View full entry
Following last week’s visit to Portland-based Skylab Architecture, we are moving our Meet Your Next Employer series to Atlanta, GA this week to meet multidisciplinary boutique studio House Walker. Led by Hank Houser and Gregory Walker, the firm has expanded from its 2004 founding to encompass a... View full entry
It’s the first time in the 20 years the AIA has collected this data that renovations have breached 50%. In 2005, toward the end of a pre-recession building boom, renovations made up approximately one-third of billings. That share has been increasing steadily since 2017, when it was 44.4%, up to 52% this year. Kermit Baker, the AIA’s chief economist, says that the last time the market for design services was so heavily weighted toward renovations was likely during the Great Depression. — Bloomberg
According to Baker, about 25% of renovation projects constitute interior remodels, while adaptive reuse schemes make up another quarter of those registered with the AIA. Just 3.8% are done in the interest of improved building energy performance, with a scant 1.6% being resiliency projects. The... View full entry
