The KNOG
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...
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...
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...
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...
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...
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...
Legislation Signed Requiring Hotels to Pay Severance to Employees
Mayor de Blasio signed new legislation requiring hotels with over 100 rooms that have laid off over 75% of their employees, or closed as a result of Covid-19, to pay a weekly severance of $500 for up to 30 weeks to their laid off employees if they do not reopen by...
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...
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...
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...
Lawsuit Filed to Contest New York State’s Eviction Moratorium
The Rent Stabilization Association, a landlord trade advocacy group, filed a lawsuit in federal court to block New York State's eviction moratorium. The US Supreme Court recently struck down most of New York's prior eviction moratorium. As a result, the state...
New Development Begins in DUMBO
Developer Edward Minskoff began construction on the first new, first-class office development in Brooklyn's' Dumbo, showing massive faith in the commercial office market. Developers are embarking on new projects. At 343 Madison Avenue, a new office building is...
Delta Variant Pushes Back the Return to the Office
Facebook is now pushing its return to office to January 2022 at the earliest because of the spread of the Delta variant. Amazon, American Express, McDonald's, Capital One and Well's Fargo have followed suit. Facebook has adapted a hybrid model, where employees come...
Is Zoom a Threat to New York’s Commercial Real Estate Market?
Will Zoom put New York City's economy on ice? It is clear workplaces are adopting a hybrid model, allowing remote work, cutting back on the need for office space. Office vacancies in Midtown and the Financial District, New York's most commercial areas are at an...
Beautiful Catskill Home 2.5 Hours from Midtown Manhattan
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