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The Return of Office Employees

The Return of Office Employees

The latest estimate is for 15% of Manhattan office workers to return by the end of 2020. This is substantially lower than the same estimate of 26% made in August. The fear of a second wave and several outbreaks around the city are to blame for the delay. When asked...

The Future of NYC’s Real Estate

Real estate portrays the aspirations and agendas of corporations, people, and policy makers. The New York Times interviewed former city officials, real estate executives, affordable housing advocates, brokers and urban planners to gain insight into the future of New...
Residents Realize New York is Irreplaceable

Residents Realize New York is Irreplaceable

Suburban sales in Westchester and Long Island may have peaked; renters are returning to Manhattan. Residents are lured by above average deals on larger apartments while buyers are taking advantage of Brooklyn and Queens’ lowest prices in a while. While...
The Future of Medical Space

The Future of Medical Space

Your next doctor visit may look much different than it has been pre-pandemic. Waiting in cars until your time to see the physician, online check ins, temperature checks before entering, and one way traffic are hallmarks of this medical office revolution. This will...
Lease Negotiations in the Time of Covid

Lease Negotiations in the Time of Covid

If you are a tenant in a weak financial position, you have more negotiating power compared to tenants with financial strength. A complete reversal of “normal” market mechanisms. Landlords do not want to lose tenants, as replacing them in this market is difficult. If...