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How About a Porsche to Lure Tenants?

How About a Porsche to Lure Tenants?

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,...
The Demand for Upgraded Space is Tested on 3rd Avenue

The Demand for Upgraded Space is Tested on 3rd Avenue

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 Hotel Development Blossoms

New York Hotel Development Blossoms

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....
With the End of Summer Comes the Decline of Remote Work

With the End of Summer Comes the Decline of Remote Work

Summer is over and many employers are asking employees to come back. Five days in the office can feel overwhelming when many employees are used to working from their living room. Goldman Sachs, Tesla, Bank of America, and Morgan Stanley are requiring employees to...
Malcolm Gladwell Believes in Office Based Employees

Malcolm Gladwell Believes in Office Based Employees

Author, Malcolm Gladwell is not in favor of working from home. He believes people need to come into the office to feel a part of something larger than themselves. Gladwell may have a point. Employers agree with this sentiment. However employees see it differently....
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...