In the commercial real estate world of New York City, one pivotal question stands: coworking vs. traditional office space, which makes the most sense for your enterprise? The answer is more complex than you’d think and largely depends on the […]Read more
New York City is one of the fastest-growing urban centers in the world. While this accelerated pace of growth has led NYC to become one of the most innovative cities around the globe, it has also caused problems over the […]Read more
Ed Koch, the former NYC mayor, referred to New York City as the “capital of the world” in his memoir “Mayor.” It’s no wonder that the city is a powerhouse of commercial real estate, a stage where the biggest commercial […]Read more
Picture yourself walking through the energetic streets of New York City, eyeing that perfect commercial space for your business. You can dream all you want, but securing that prime spot isn’t always a walk in Central Park. That’s where the […]Read more
When looking for the perfect workplace in New York City, businesses often face a critical question: is buying versus leasing office space the better option?
While both options have advantages and disadvantages, it’s crucial to carefully consider your specific needs […]Read more
As the New York City office scene undergoes a significant shift, the buzzword is ‘adaptation.’ Office spaces once brimming with activity now stand amid an era of transformation, with landlords scrambling to meet tenants’ changing needs. At the heart of […]Read more
I was recently asked for my opinion regarding the prospects of a recovery in the New York City retail commercial real estate market. It’s a good time for an update on what has changed.
To provide some key background information […]Read more
After years and years of political back and forth, the much-discussed Gateway Tunnel, meant to connect New York to New Jersey, has finally been greenlighted. The project, one of the most critical infrastructure projects in the country at the moment, […]Read more
As remote and hybrid work models are becoming more and more popular, many of New York City’s skyscrapers are half-empty. A return to the office is underway, but many companies allow staff to work remotely indefinitely. Meanwhile, landlords are struggling […]Read more
Technology has crept its way across all possible industries over the past decades, improving the way we do business and go about our daily lives. From virtual and augmented reality to artificial intelligence software and machine learning, technological advancements have […]Read more
New York City commercial estate has taken a massive hit during this past year, as rents and leases dropped to levels not seen since the 2008 financial crisis. All sectors of real estate were affected, including office, hospitality, and multifamily. […]Read more
Professional sports are a billion-dollar business in the U.S., and American cities are inextricably tied to their home teams. Think of the Chicago Bulls, the L.A. Lakers, or the New England Patriots; these teams and their related events tend to […]Read more