|By Ruth Colp-Haber, Wharton Property Advisors, Inc. – July, 2019
As NYC tenants know all too well, the security deposits demanded by landlords can be onerous. In recent years, security deposits have ranged from two months to over one year’s rent. However, a fascinating new credit instrument has recently been introduced as an alternative to […]
WeWork signed a 15-year lease for five full floors in Atlantic 30 Wall’s 30 Wall Street between Nassau and William Streets, according to Wharton Property Advisors’ Ruth Colp-Haber, who repped both sides in the deal. Asking rent was $52 per square foot.
This will be the 40th location for WeWork’s single-tenant division, Headquarters by WeWork, which subleases offices to midsized businesses, […]
When Amazon launched its first Go store in 2018, the public lined up around the block to see the future of retail: a new experience where you could walk in, grab something off the shelf, and walk out. Sure, there were cameras on the ceiling and AI on computers tracking silently from above, but the promise […]
The cost of office fit outs has been on a tear in recent years, outpacing tenant improvement allowances, according to a recent report by JLL. It reports that the average cost of an office fit out increased by 12% last year, fueled by a combination of strong demand for new space and increased prices for […]
Ikea is to start leasing furniture in a radical departure from its traditional business model that the
Swedish group believes could lead to new ways of customers owning products from office chairs to
The first leasing trial by the world’s largest furniture retailer is set to begin in Switzerland as soon
as this month, and will involve […]
Levi’s, CoverGirl Experiment With New Store Concepts in Times Square
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 […]
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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 […]
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 […]
Ware Malcomb’s Heather Goff Steers L’Oreal, Bionic Office Workers Away From the Lonely Desk
L’Oreal workspace designed to boost collaboration gives a glimpse of the office of the future. Courtesy of Ware Malcomb.
To catch a glimpse of the workplace of the future, Ware Malcomb Interior Architecture & Design Director Heather Groff suggests looking at the headquarters […]
Wharton Property Advisors, also known as Wharton Properties, is a New York City based office space consulting firm. Wharton specializes in office space for Finance Firms, Hedge Funds, Broker Dealers, Private Equity, Law Firms, TAMI, Consulting, Non profits, Fashion and Healthcare. They help find the right office space, negotiate office lease renewals or sublease extra […]