The WeWork Bankruptcy – What Comes Next?

Karl (not Groucho) Marx, citing Hegel as the source, famously said that history appears first as tragedy, twice as farce. While I will spare you from a dialectic, suffice it to say that the WeWork bankruptcy might be an example of what these famous economic and social philosophers had in mind. Let me explain by […]

The WeWork Bankruptcy – What Comes Next?2024-04-30T11:28:55-04:00

The New Queens Soccer Stadium / A Good News Story

With all the tumult in the commercial office market, I thought that a good news story would be a nice subject as the new year is now well underway. Soccer aficionados are probably aware that New York City has reached an agreement with Major League Soccer’s New York City Football Club (NYCFC) to […]

The New Queens Soccer Stadium / A Good News Story2024-04-30T11:14:18-04:00

We should think twice before turning NYC into Hades on the Hudson

There appears to be an unseemly rush to set up casinos in Manhattan. Every day there is a new proposal from a prospective operator.

However, don’t fall for the okey-doke. If the city places a bet on Lucky Dan, it’s sure to be stung just as in the movies. This is a desperate last gasp move […]

We should think twice before turning NYC into Hades on the Hudson2023-08-08T12:33:45-04:00

The Dominoes are Starting to Fall

There have been several excellent articles recently about whether the glass representing the future of New York and urban America is half empty or half full. We don’t yet know in a metaphorical sense. However, we do know that offices are literally half full with 49.6% employee attendance in New York City and 49.0% nationwide. […]

The Dominoes are Starting to Fall2023-08-08T12:35:56-04:00

Remote Work – a Slacker’s Paradise?

Some of our well-informed readers may recall about a year ago there was some attention paid to the concept of “lying flat“ in China, where burned out millennials were becoming discouraged from vigorously pursuing an ambitious career. Now we see another incarnation of the doctrine in the form of “quiet quitting” which has been widely […]

Remote Work – a Slacker’s Paradise?2023-08-08T13:59:21-04:00

The Way We Live Now (the office version) 6/15/2021

As my favorite author is Anthony Trollope, the author of The Way We Live Now, I thought it might be a good time to take stock of where we are now and where we are going as the summer approaches.

Our economic forecasters at Wharton Property Advisors see the […]

The Way We Live Now (the office version) 6/15/20212023-11-28T14:21:40-05:00
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