646-312-6800 grace@gegrace.com

The KNOG

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,...

read more
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...

read more
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...

read more
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...

read more
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...

read more
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...

read more
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...

read more
Employers Value Employees’ Mental Health

Employers Value Employees’ Mental Health

Companies are beginning to care for their employees' mental health. Ad agencies in particular are becoming more generous with their time off policies. If you want to attract top talent, not only are flexible work arrangements necessary, time off to destress is now the...

read more
Rising Popularity of Co-Housing

Rising Popularity of Co-Housing

Co-housing in the Netherlands is a popular option to combat loneliness, live sustainably, and reduce the rising costs of living. Co-housing can embody a wide arrangement of living situations: a group of middle-aged adults living together in an old farmhouse, or...

read more
Intergenerational Housing may Replace Senior Housing

Intergenerational Housing may Replace Senior Housing

Who says old age homes should only be open to those in their mid sixties? Intergenerational housing - the mixing of ages in "old age" homes turns out to be much healthier both physically and psychologically. Older folks do not prefer to be surrounded by older folks...

read more
London Converts Offices to Housing

London Converts Offices to Housing

London is adding 1,500 new residencies where offices once existed. As the nature of how we work changes, London adapted. New research from Accenture, CIPD, the Office for National Statistics, and PwC has confirmed hybrid working is here to stay. As a result, the City...

read more
Google Expected to Buy the St. John’s Terminal Building

Google Expected to Buy the St. John’s Terminal Building

Google is buying the St. John's terminal building for $2.1 billion which is expected to close in early 2022. The property, on West Houston Street, is across West Street from the Hudson River. This is the largest real estate purchase New York has seen since the...

read more
New York Office Building Value Falls by $29 Billion

New York Office Building Value Falls by $29 Billion

The NY State Comptroller is now predicting NYC will recover by 2025, as the value of New York's office buildings fell by $29 billion resulting in a $850 million drop in tax revenues. This drop is a 16.6% decline in market value, the first drop in office building...

read more