THE GREAT RETURN TO THE OFFICE
Are you safely back in the office? That is the icebreaker question of the year that we pose to all of our clients and potential clients. What we see, at this point are three distinct categories: 1. Work-from-home- is here to stay, and that means that around 25-50 percent of employees are now working from home with maybe just… Read More
LIFE LESSON- THAT’S A BEAUTIFUL OFFICE BUILDING!
Many years ago, when I first started out in the real estate business, I landed a job as a leasing representative for a major Wall Street company based in Manhattan. One of my first assignments was to find office space for one of our downtown retail branches. In those days, a stock brokerage office was very different from what we… Read More
ARE THERE MORAL ABSOLUTES IN 2022?
When I was younger the world had heroes made of real people and sometimes fictitious characters or even real people made large. My first hero, after my dad, was our first President, George Washington. At five years old I knew little of George Washington the man but knew a whole lot about the legend. We were told George Washington never… Read More
THE TIPPING POINT
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
ESCALATION 2022- ARE YOU READY?
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
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