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The Benefits of Working Remotely

The Benefits of Working Remotely

As firms across the world were forced into mandatory work from home policy during the worst months of the pandemic, many employees have realized gains and losses from the new working dynamic. In a recent conversation with my niece who has worked from home for the last...
The Move to Suburban Space

The Move to Suburban Space

Increased demands for suburban office buildings will impact pricing. Larger spaces means easier social distancing. These spaces are typically in shorter buildings than NYC’s skyscrapers, potentially leading to less elevator use. Driving means no (or less)...
Amazon Acquires NYC’s Lord & Taylor Building

Amazon Acquires NYC’s Lord & Taylor Building

Amazon is one of the pioneers in bringing employees back to NYC after acquiring Manhattan’s iconic Lord & Taylor building. 2,000 employees are set to be working from the site – officially in 2023 when they begin moving into the space. Creating 2,000...
The Necessary Spotlight on Your HVAC System

The Necessary Spotlight on Your HVAC System

It is crucial to know what to focus on revolving around cleaning. HVAC systems are important. One of the biggest complaints for tenants is bad air conditioning. Air conditioning can be critical to slow down the spread of viruses. Are your systems being filtered in...
The Dropping Value of REITs and Your Lease

The Dropping Value of REITs and Your Lease

What do major REIT’s stock prices dropping mean for your lease? Commercial space value is likely dropping as companies reprioritize their working arrangements. This is seen in the drop in stock value of many REITs, and not necessarily your building value just...