The New Economics for NYC Landlords 6/22/2022

My firm represents tenants, but we also recognize the essential role that landlords play in the smooth functioning of the commercial office ecosystem. Healthy landlords are essential so that tenants can receive high quality services in their buildings.

There is no crisis at One Vanderbilt or Hudson Yards. However, for all but the top-class buildings, the […]

The New Economics for NYC Landlords 6/22/20222022-08-11T15:13:05-04:00

The Unspoken Reason We Need Offices 6/14/2022

Much has been made of how working with colleagues in the office is important for creativity, team-building, brainstorming and development of ideas. Of course, that benefit is offset by the time spent commuting and on idle chatter, let alone the occasional unpleasant encounter.

However, a recent article in the New York Times […]

The Unspoken Reason We Need Offices 6/14/20222022-08-11T15:13:18-04:00

We Can Help Sublease Excess Office Space 6/09/2022

Since the beginning of the pandemic, many companies including professional firms have been sitting with significant amounts of unused office space. If you have been receiving our emails you are likely aware that Wharton Property Advisors has extensive experience in all facets of the niche market for office subleasing transactions and in […]

We Can Help Sublease Excess Office Space 6/09/20222022-08-11T15:13:34-04:00

How to Revive NYC’s Central Business Districts 2/08/2022

Anyone who has recently walked through the main business districts in New York City can’t help but be shocked. In areas such as Grand Central, Midtown East, Penn Station and Wall Street there are numerous restaurants, shops and hotels which are closed, and the streets are desolate. This comes as no surprise […]

How to Revive NYC’s Central Business Districts 2/08/20222022-08-11T15:15:06-04:00

WeWork goes public; my view from the office suite 3/29/2021

Friday brought the long-rumored news that WeWork is going public in a transaction that values the company at $9 billion. The deal is structured as a merger with BowX Acquisition, a special purpose acquisition company (SPAC).

Following the report in the Financial Times of WeWork’s plan to go public via a SPAC, one wag […]

WeWork goes public; my view from the office suite 3/29/20212022-08-11T15:29:32-04:00

We’re Sounding the Alarm; the Office is Now a Destination, not a Requirement 3/24/2021

In some companies, there is a clash brewing between management that wants to return to the office and employees who prefer remote work. Many CEOs are eager to get back in the office and the trend has accelerated in recent weeks as vaccines have become more widely available. Further, a recent Bloomberg article reported that […]

We’re Sounding the Alarm; the Office is Now a Destination, not a Requirement 3/24/20212022-08-11T15:29:48-04:00

Law Firms Up Their Game at Lease Renewal Time 9/01/2020

The attorney-landlord relationship may never be the same.

Attorneys everywhere are dusting off their leases and sharpening their cost-cutting pencils, thanks to an elevated capacity for remote operations and an economic downturn that’s trimming revenues in many sectors. A smaller plant is needed, goes the reasoning — especially if its […]

Law Firms Up Their Game at Lease Renewal Time 9/01/20202022-08-11T15:32:10-04:00

5 Protections Cos. Should Request In Their Next Office Lease

Law360 (July 9, 2020, 6:15 PM EDT) —

Ruth Colp-Haber
Ruth Colp-Haber

There have been many articles regarding the future of the office. Pundits are speculating about its new form and whether the office will even survive the coronavirus pandemic. We suspect the office will survive in an improved […]

5 Protections Cos. Should Request In Their Next Office Lease2020-07-13T12:33:43-04:00

Manhattan Flex Office Space Growth Explodes, 15 Million Square Feet Added in Last 5 Years

Flex Office Space Footprint in Manhattan Has Grown 300 Percent Since 2015

According to a new report from CBRE, the flexible office space footprint in Manhattan has tripled to 15 million square feet over the last five years as providers’ offerings have evolved, new players entered the market and new flexible space models have arisen.

Manhattan is […]

Manhattan Flex Office Space Growth Explodes, 15 Million Square Feet Added in Last 5 Years2019-09-17T13:03:36-04:00

Architect Nabs 10K SF at 55 Broad Street

Curtis + Ginsberg Architects will move its offices to 10,307 square feet in the Rudin family’s 55 Broad Street, Commercial Observer has learned.

The architecture firm signed a 10-year lease to take part of the eighth floor of the 30-story building between Beaver Street and Exchange Place, according to a spokeswoman for the landlord. Asking rent was […]

Architect Nabs 10K SF at 55 Broad Street2019-07-11T13:47:07-04:00
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