Our well-informed readers are all familiar with the meteoric rise and startling fall of WeWork.
Personally, I often look to historical analogies or the Classics to help better analyze current events. I see parallels to be found here in the Greek myth of Icarus. Like Icarus, WeWork flew too close to the sun. Like many impatient but […]
We at Wharton Property Advisors are real estate advisors and not investment bankers, so we will leave the analysis of the initial public offering valuation and process to others. However, it strikes us that the recent gleeful reporting about the potential decline and fall of the WeWork empire is greatly exaggerated and totally misses the […]
As many of us sluggishly return from our summer and Labor Day holidays, you may find this article in the Financial Times inspiring. The author Pilita Clark argues that working more hours does not necessarily translate into greater productivity. In contrast, she suggests that we would be better served by following the examples of such […]
WeWork has secured a new location for its headquarters by WeWork at 30 Wall Street in the Financial District.
The co-working giant will be taking approximately 50,000 s/f across the second, third, fourth, sixth and 11th floors of the building with average floor plates of 11,500 square feet.
The company expects to open this location to members […]
With e-commerce dominant, even one of the sexiest retail proprietors around is having trouble making the business model work.
Tesla chief executive officer Elon Musk announced in a call with reporters yesterday that the company would close stores and move all car sales online in an effort to cut […]
New York’s Times Square might be one of the most recognizable shopping intersections on the planet. So it’s little wonder why retailers often use the iconic locale to debut their latest shopping innovations.
“Times Square is a testbed globally for new products and new technologies and […]
Miranda Green JANUARY 6, 2019
Clearly none of us is getting any younger. But it still seemed remarkable that colleagues in the FT office on New Year’s Day were competing not about how late they stayed out the night before, nor about the wildness of the parties, but about who managed to get to bed before […]
We all have the same number of hours in a week, but for some of us the demands on our time are greater. This is true with CEOs. A study published in Harvard Business Review found that each week CEOs work an average of 62.5 hours and attend 37 meetings. Getting the most out of their […]
On October 21, 2016, an entity called the Cherry Revocable Trust purchased two adjacent buildings in the Kalorama neighborhood of Washington, D.C., for twenty-three million dollars. The buildings, which previously had housed the Textile Museum, were to be converted into a private residence—at twenty-seven thousand square feet, the largest in the city. In January, it was […]
