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The 4-Day Work Week Trial has Begun

The 4-Day Work Week Trial has Begun

Seventy countries are taking part in a 4-day work week trial. Research institute, Autonomy, is running a study testing whether workforces can achieve the same output while working 80% of their previous hours (and paying the same wages, disregarding the time...
Commercial Real Estate Believed to Excel Despite Uncertainty

Commercial Real Estate Believed to Excel Despite Uncertainty

Chief Economist of the National Association of Realtors, Lawrence Yun, believes commercial real estate will excel despite rising interest rates.    Industrial, retail, hotels and hospitality are doing well. He believes the residential housing shortage will boost...
New York’s Largest Industrial Property in Development

New York’s Largest Industrial Property in Development

Turnbridge Equities is developing New York’s largest industrial property, a 1.3 million square foot logistics center in the South Bronx.  The Hunts Point based property has a 2-story warehouse, a 5-story parking garage, and will include rooftop solar panels....
New York Office Upgrades Mimic Silicon Valley

New York Office Upgrades Mimic Silicon Valley

Real estate brokerage firm, Savills is making changes similar to those seen in Silicon Valley for its New York office. “Living walls” (walls covered in plants), standing desks, podcast rooms, zoom rooms, cold brew on tap, and luxury espresso machines are...
Will the Commercial Market Undergo a Renaissance?

Will the Commercial Market Undergo a Renaissance?

The new and renovated commercial spaces in New York are in high demand.   Jordan Barowitz, VP of public affairs for the Durst Organization, believes the renaissance for the commercial market is right behind the current high demand for New York’s residential...