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The KNOG

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....

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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...

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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...

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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...

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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...

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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...

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Industrial Real Estate Demand Surges

Industrial Real Estate Demand Surges

The demand for industrial real estate in NYC continues to increase.  Industrial tenants are willing to pay more to be based in Brooklyn over more traditional locations outside the City.  A closer location provides for lower transportation costs and decreased delivery...

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San Francisco Office Life Swapped for San Diego Beach Life

San Francisco Office Life Swapped for San Diego Beach Life

Flexible workspaces are at the forefront of office space in today's market. A combination of close to home co-working spaces, a central office, and remote work are likely to make up the future of work - the hybrid model.  San Diego is a prime example of a city seeing...

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Chain Stores Leave Space for Mom and Pop Shops

Chain Stores Leave Space for Mom and Pop Shops

In 2020, according to Center for an Urban Future's annual "State of the Chains" report, 12.8% of New York City chain stores shut their doors. In 2021, there was a modest increase of a 2.8 percent increase. Through the pandemic, Pret a Manger, Shake Shack, Wingstop,...

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Winning Landlords are Upgrading their Properties

Winning Landlords are Upgrading their Properties

Since tenants can no longer be taken for granted, their demands are high. Fitness centers, gourmet lunches, outdoor terraces, and a facilities staff are the new trendy tenant demands. One of the buildings controlled by the William Kaufman Organization, and managed by...

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The New Hybrid Workplace Culture

The New Hybrid Workplace Culture

Hybrid employees value frequent wellbeing check ins and work recognition in lieu to the typical bonus review system that once dominated corporations.  Part of that wellbeing initiative should offer a membership to a co-working location. IWG, parent company to Regus...

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Not all Buildings are Created Equally

Not all Buildings are Created Equally

When it comes to luring tenants back to the office, not all buildings are created equally. Buildings with amenities, state of the art facilities, and modern construction offer employees a new chapter of hope and excitement for office life. Buildings without the...

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Omicron Pushes Back Return to Office Date

Omicron Pushes Back Return to Office Date

Concerns over the new Covid-19 variant, Omicron, have caused Google to push back the required return to work date until after the New Year.  Chris Rackow, Google's security Vice President, comments "We will be re-learning our working rhythms together in 2022, which...

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Work from Work Wednesdays

Work from Work Wednesdays

FinTech startup, Commonbond now has Work from Work Wednesdays. What could illustrate this era's work philosophy more? Hybrid work models are widely adapted, but they are not without challenges. Even companies who are focused on work and technology are having...

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To be “Office-Centric” or “Remote First”

To be “Office-Centric” or “Remote First”

FinTech startup, Commonbond now has Work from Work Wednesdays. What could illustrate this era's work philosophy more? Hybrid work models are widely adapted, but they are not without challenges. Even companies who are focused on work and technology are having...

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