ChatGPT and other AI technologies could save the commercial real estate industry $400 billion by 2030. The real estate industry is not typically thought of as tech-savvy, but the emergence of ChatGPT and other AI technologies could revolutionize the industry,...
Things will never be the same now that millions of employees have had a taste of remote-work, especially for many office building landlords. Low occupancy, high interest rates, and other factors are making it more difficult for commercial building owners to stay...
Data shows that productivity is higher with a remote office. As many companies are urging their employees back into the office, many are noticing that productivity often declines when doing so. But how could this be? It has always been agreed on that...
A Porsche Taycan is the latest off the beaten path tactic used by landlords to draw in tenants. Marx Realty recently purchased a $100,000 electric Porsche Taycan to lure in tenants to their 10 Grand Central office tower. The Porsche, known as the Marx mobile,...
Midtown houses blocks of old office buildings. These buildings are too old to attract new tenants, but not old enough to be demolished or used for another purpose. If you look at Third Avenue between 42nd to 59th Street, we see this problem in plain sight: the...
New York is entering a renaissance period for its hotels. Luxurious and boutique hotels are in development over the five boroughs to welcome the new surge in tourists and business travelers. 12,000 new hotel rooms are expected to open within the next 3 years....
