In 2020 I wrote an article titled HAS THE NATURE OF OFFICE SPACE CHANGED FOREVER followed by an entire series about the impact of “work from home” and now “hybrid work schedules”. As we predicted, as companies reexamine their space needs many are discovering that they no longer need the same volume of space going forward. The impact of this… Read More

Question: What is different about this year from the last 20, 30 or even 40 years? Answer: INFLATION We have just learned that the inflation rate measured by CPI has surged to the highest level of increase we have seen in the last 40 years. Should you be worried? For the last 20 years office rental rates have been relatively… Read More

If there is one thing that we business leaders have learned from surviving the challenges of 2020-2021 it is this. Just when you think you know what is going to happen, something else comes along to change everything, causing you to rethink all your assumptions, business targets and timetables. Can we say Omicron? A brief summary of our journey over… Read More

In last month’s newsletter titled 2022- THE GREAT OFFICE SHAKEOUT https://dicksteinrealestate.com/2022-the-great-office-shakeout/ we discussed the implications that work from home are having on corporate businesses and their long term office leasing. While many corporate leaders are predicting that things will return to “normal” in 2022 as employees slowly find their way back to the office, others are advising they are instead… Read More

It has been more than 18 months since the lockdowns commenced, and yet many large office tenants are still not back in the office. What is more shocking is that they have not yet determined when or if they intend to do so. For those who have begun the process of trying to safely return, one path is to coax… Read More