Alums of real estate juggernauts Cushman & Wakefield and JLL are betting that the future of commercial real estate lies in not just selling office space, but designing and building it, too.
Manhattan on Track to Have Lowest Leasing Year So Far This Century
Year over year leasing activity decreased by 20.9% and August 2020 leasing in Manhattan was 63.7% lower than the monthly average in 2019.
Here is Where Office Rents are Rising
Majority of businesses plan to move to smaller but more focused offices in future
The days when a company would own or rent an office with a desk in it for each and every member of staff are coming to an end.
In Coming Wave of Pandemic-Induced Vacancies, Some See Opportunity
As the outlook for retail, hotel and office space shifts, some developers are already planning to convert empty properties to new uses.
NYC 2020 Office Leasing Volume Plummets, On Track To Hit Its Lowest Point This Century
Work From Home Spurs Residential Buying in Outer Suburbs
Work from home trends resulting from COVID-19 will reshape the US housing market, likely becoming the norm well after shelter orders are lifted because many workers don’t have to live close to workplaces.
Pinterest Cancels Huge Lease As Workforce Becomes More Remote
The move is one of the stronger instances yet of a company moving away from large office locations in favor of distributed or remote work, as well as a sign of a slowed San Francisco office market.
Institutional Landlords Come Around to Coworking
Time to change the office sector’s hierarchical class system
Some might say that the hierarchical building class system generally has served the market well, until today.
It Appears that Companies Really Do Plan to Reduce Their Office Footprints
At the start of the pandemic, landlords were unsure what to make of companies declaring that their employees were just as productive at home as they were at work. Now it is clear this is a viable trend.
Coronavirus to Accelerate Office Space Evolution
NYC Landlords Reportedly Press Big Tenants to Come Back to Work
Why landlords are teaming up with flex space operators
Top US Office Markets Tumble From COVID-19 As Tenants Retrench
Net absorption fell in each of the top 10 markets in the second quarter, with eight markets posting negative numbers.
Office Owners Consider More Expensive Upgrades As Slow Return To Work Continues
The return to the workplace has been slower than many office owners expected, leading them to consider costlier measures to make employees feel comfortable entering their buildings.
Bringing Work-From-Home To The Office — Landlords Aim To Add Peace, Privacy And Green Space
Work from home? Yeah, right. Amazon goes on office buying spree
Thanks to the pandemic, an increasing number of companies are adopting remote working as a viable option for many of its employees.
Containment of Coronavirus Key 'Wild Card' In Economy's Trajectory
Irrespective of the scenario, we expect tough sledding ahead for the economy … as job gains continue to slow, business failures persist, and wage growth and spending remain challenged.