Once the shining star of the startup universe, WeWork now faces a stark reversal of fortune. A devastating 97% nosedive in stock value since its 2021 listing and CEO Sandeep Mathrani’s unexpected exit have left the once trailblazing coworking office […]Read more
March 8, 2023, marked the fall of Silicon Valley Bank, once a top institution for startups and venture capitalists. Days later, the contagion directly affected New York City’s commercial real estate market. Signature Bank, a major banking option for New […]Read more
The Federal Reserve, aka “The Fed,” is the United States’ central banking authority. While it’s best known for determining interest rates and overseeing monetary policy, another responsibility it holds is maintaining the financial system’s stability. So when it sees commercial […]Read more
“New York City is dead forever.”
A hedge fund manager and comedy club owner named James Altucher wrote this piece mid-pandemic in August 2020. At the time, the blog was nothing more than a self-published vent session. Once the New […]Read more
New York City commercial real estate marches to the beat of a different drum when defining rentable vs. usable square feet. Here, landlords have crafted a distinct system steeped in intelligent asset management to maximize their return on investment.
Imagine […]Read more