When Will the Return to New York City Offices Really Happen?
Over the past months, experts have been trying to predict when people will return to their offices. Employers and employees alike had to embrace and adapt to remote work in a short time. Many of them have fully adjusted and ...
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Google Just Spent $2.1 Billion on a St. John’s Terminal – Is Big Tech Driving Manhattan’s Revival?
Google Just Spent $2.1 Billion on a St. John’s Terminal – Is Big Tech Driving Manhattan’s Revival? On September 21st, Google announced that it would purchase the St. John’s Terminal building on the Manhattan’s West Side for an eye-popping $2.1 ...
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Increased Leasing Activity Fuels Manhattan’s Office Recovery
Manhattan’s commercial real estate market was hit with an unprecedented blow when the Covid19 pandemic emerged in March 2020. The market has been struggling ever since, recording decreased activity across the board. As a result, New York City office space ...
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Rent Control for Commercial Spaces? Newly Proposed NYC Legislation
The city of New York's Council Committee on Small Business is holding a hearing on a bill that would enact commercial rent control for retail and office space. If this bill gets passed, it could negatively impact New York City's ...
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Outdoor Space, the Most Sought-After Office Amenity Post-Pandemic
The Covid19 pandemic has triggered a massive shift in priorities for landlords and tenants alike. In just a few months, the way people work has changed forever. Numerous employers have learned to embrace hybrid and remote work models. While employees ...
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IWG’s Big Lease at 250 Park Avenue Is the Latest Evidence that Coworking Offices Are Back
Powered by startups, freelancers, and established companies looking for extra desks, coworking office managers enjoyed several years of uninterrupted growth in Manhattan. By the end of 2019, the sector began to stall. All over the city, shared space players like ...
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Penn Station: Past, Present and Future
New York City’s Pennsylvania Station, most commonly known as Penn Station, is the busiest transportation hub in the entire Western Hemisphere. More than 600,000 travelers use it every day. The station has a long, rich, and controversial past, and potentially ...
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How Disasters Helped Shape New York City
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 ...
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These Are the Biggest Commercial Real Estate Landlords in NYC
New York City commercial real estate is a lucrative business and a sought-after investment destination for companies across the globe. Owning trophy commercial assets in the city is a long-term, highly profitable investment. So it's no wonder that competition in ...
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Crime in NYC: Will Eric Adams Help The City Recover?
The mayoral election in New York City will happen on November 2nd of this year, where either Eric Adams, the Democratic nominee, or Curtis Sliwa, the Republican nominee - will take on the responsibility of becoming the city’s 110th mayor ...
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Here Are 5 of the Most Unusual Buildings in New York City
New York City architecture is truly one of a kind. The city’s skyline features many of the most iconic and instantly recognizable structures in the world, including the One World Trade Center, the Empire State Building, the Chrysler Building, or ...
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6 Overlooked Factors to Consider When Searching for NYC Office Space
According to a recent New York Times analysis, office landlords are going through a rough patch. Newmark data quoted by the Times shows that 18.7% of all office space in Manhattan is currently available for lease - the highest availability ...
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