Washington, D.C
Yelp Closing DC Office as Workers Go Remote
Yelp can be shuttering its workplace in Washington, D.C., in addition to these in New York and Chicago on July 29, based on the corporate.
“Globally, about 1 p.c of our workforce is selecting to come back into the workplace every single day,” Jeremy Stoppelman, Yelp’s chief government officer, wrote in a weblog put up. “Mixed, the three workplaces we’re closing noticed a weekly common utilization of lower than 2 p.c of the out there workspaces.”
Yelp initially inked a 52,000-square-foot lease at Terrell Place, situated at 575 Seventh Road within the District’s Penn Quarter in 2017. The corporate famous on the time it was planning to rent roughly 500 gross sales and advertising and marketing workers for the workplace, no less than half of them from D.C.
“Town’s burgeoning know-how sector is a welcoming setting for Yelp as we concentrate on constructing the perfect technical merchandise to attach folks with nice native companies,” Stoppelman mentioned on the time. “We’re excited to construct on the sturdy group of customers we’ve established in D.C. by bringing extra jobs and enterprise to the area.”
Beacon Capital Companions owns the 425,000-square-foot property however has been trying to promote for a number of years, based on a number of studies.
Yelp will hold its San Francisco headquarters open, in addition to workplaces in London, Toronto and different cities, whereas downsizing in some cities, like in Phoenix, as an example. However the majority of its 4,400 workers will work remotely going ahead.
“Yelp continues to expertise the advantages of a distant office, and it’s the clear path ahead for us,” Stoppelman mentioned. “We’re excited to proceed to design the way forward for distant work at Yelp along with our workers.”
The tech exec cited current worker surveys that led him to the choice. These surveys revealed that 86 p.c of Yelp workers mentioned they most well-liked to earn a living from home most or all the time, with 87 p.c saying working from hand-crafted them simpler.
“Since Yelp reopened its workplaces 9 months in the past, giving workers the choice to come back in, solely about 1 p.c of employees have chosen to come back in every single day,” he mentioned. “Over time we got here to understand that the way forward for work at Yelp is distant. It’s finest for our workers, and for our enterprise.”
Yelp’s final quarterly report revealed that it had $177.8 million in lease obligations by means of 2031, although it’s considerably offset by $41.3 million in subleases.
In Chicago, Yelp is advertising and marketing 133,000 sq. ft of workplace area within the Merchandise Mart constructing, which it has leased by means of July 2023. In New York, the tech firm has roughly 200,000 sq. ft at SL Inexperienced’s 11 Madison Avenue and 70,000 sq. ft at L&L Holding Firm’s 200 Fifth Avenue, each of which it’s been making an attempt to sublease since 2021, The Actual Deal reported.
Requests for remark from Beacon Capital weren’t instantly returned.
Keith Loria might be reached at Kloria@commercialobserver.com.
Washington, D.C
On a warm D.C. Saturday, summer unofficially began
In temperature terms, Saturday seemed much the same sort of day in the D.C. area as Friday. Perhaps their almost-identical warmth symbolized a zone of consistency in a world of turbulence and change.
Washington’s warm Saturday, with its highs in the upper 80s, was the first day of the long Memorial Day weekend, the weekend often viewed as the informal start of summer.
Washington, D.C
Memorial Day parades and other things to do in DC, Maryland & Virginia
WASHINGTON – Memorial Day Weekend is here and there are plenty of parades, celebrations, and other events in D.C., Maryland, and Virginia.
Here’s everything you need to know about Memorial Day parades and much more.
Washington, D.C
Mayor Bowser makes splash as outdoor pool season begins in DC – WTOP News
Mayor Muriel Bowser celebrated the start of pool season in D.C. on Friday with a splash.
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Mayor Bowser makes splash as outdoor pool season begins in DC
Mayor Muriel Bowser and the D.C. Department of Parks and Recreation welcomed members of the Ward 8 community to the Anacostia Recreation Center on Friday to celebrate the unofficial start of summer with the annual “Jump in, DC.”
The celebration — which marks the beginning of outdoor pool season in The District — is in its fourth year, after D.C. was rated by Trust for Public Land’s Annual ParkScore Index as having the best park system in the United States.
Last year, Mayor Bowser kicked off the pool season by jumping into the pool herself. This year, the tradition continued.
LIVE: Mayor Bowser Kicks Off Outdoor Pool Season of Nation’s #1 Ranked Park System https://t.co/ZEUlgQINOu
— Mayor Muriel Bowser (@MayorBowser) May 24, 2024
Thennie Freeman, director of the D.C. Department of Parks and Recreation, said that last year, D.C. Council member Christina Henderson made a bet that she would jump in the pool only if Bowser jumped in.
“I think we learned that you should always bet on Bowser,” Freeman said. “[Bowser] is a woman of her word.”
“So, to answer the question, yes, I will be jumping in the pool,” Bowser said before taking the plunge feet first.
The event included dancing from area groups, food, games and music from WPGC’s DJ Flexx.
In D.C., 22 pools and 32 spray parks will open across all eight wards on Saturday, May 25.
You can find locations, hours and more information about indoor and outdoor pools and spray parks on DPR’s website.
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