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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...
The Post Covid Leasing Market

The Post Covid Leasing Market

The last 10 years have been a landlord’s market. This is all changing as collections are increasing and landlords are seeing negative cash flows. As of April, the general consensus was 70% of tenants were paying rent. May and June saw even lower rates of...
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...
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...
Manhattan Lags Behind Surrounding Area in Housing Sales

Manhattan Lags Behind Surrounding Area in Housing Sales

July saw a massive jump in housing sales everywhere except Manhattan. Westchester County, Long Island, Brooklyn and Greenwich, CT, all saw increases in sales, some as high as double the usual rate. Pending deals in Manhattan fell by 47% in the price range of $599k to...