This news comes on the coattails of Yahoo's controversial decision to expand its pornography sales division. Apparently, thecompany's higher-ups are hoping the X-rated products will provide a new source of revenue while web advertising sales are in a deep slump. Other Internet companies, such as America OnLine and the Microsoft Network, do not offer adult products among their wares but do provide links to those who do.
With dot-com space returning the the market in greater numbers, subleasing and concessions are on the rise. With the last delivery service of its kind gone in Manhattan, all of its property nationally will be returned to the market. If Yahoo! begins closing offices as well, the vacancy rate will surely be impacted. Experts tell GlobeSt.com that they are beginning to see rates rise and the dot-com neighborhoods are starting to look a lot more like ghost towns.
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