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

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