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Class B and Class C Buildings Struggle to Find Tenants

Class B and Class C Buildings Struggle to Find Tenants

Class B and Class C office building owners are facing low occupancy rates, uncertainty and new strategies to attract tenants. Some owners are strictly betting on price while others are considering flexible work space as a viable alternative and total repositioning....
Suburban Towns Flourish

Suburban Towns Flourish

Cities and towns where remote workers are based are flourishing.  Regus and parent company, IWG, are seeing an influx in demand for co-working space in villages where workers live.   A recent economic impact study done by IWG/Arup in the UK has determined these rural...
New Commercial Developments in New York

New Commercial Developments in New York

A lot of new, exciting new projects are sprouting up around New York this year. Among them are the following: 495 Eleventh Avenue, a mixed-use development is in construction and includes retail, office, hotel and affordable housing. Wildflower studios is being built...
Luxury Retail Tenants are Ahead of the Market

Luxury Retail Tenants are Ahead of the Market

In 2021, 9 luxury retailers signed deals for space in SoHo. Chanel, John Varvatos, and British jeweler, Vashi all took space in preparation for luxury shoppers to return—a huge optimistic sign. 41% of households in Soho make at least $200k a year. Median SoHo...
New York City Lifts Vaccine Mandates

New York City Lifts Vaccine Mandates

As of Monday, March 7th NYC indoor dining patrons no longer have to show proof of vaccine. The policy has been lifted for gyms and entertainment venues as well. Now it’s time to get rid of the employee mandates in New York City—how many people left NYC because of...
Hybrid Work Brings Benefits

Hybrid Work Brings Benefits

The future of work is upon us. Now is a great time to be a member of the workforce. Trends are emerging as the hybrid model becomes the norm. Employers are valuing employee mental health.  For example, paid time off for employees to work on a passion project is now...