Phase 2 of the Office Revolution is Here; What Tenants Need to Know

Since the onset of the pandemic, there has been a revolution in office work as technology allowed people to work from home. As I have discussed at length in many commentaries there are pluses and minuses to this approach.

However, one thing is certain. Any predictions that employees would be returning to the office in droves […]

Phase 2 of the Office Revolution is Here; What Tenants Need to Know2024-05-23T10:51:54-04:00

How New York Avoids the Doom Loop

Last week there was an article in the New York Times profiling Columbia Business School professor Stijn Van Nieuwerburgh, who is concerned about a potential “doom loop“ for New York City arising from the decline of the office sector. A couple of days later Bloomberg reported a that a recent study by Stanford work from […]

How New York Avoids the Doom Loop2023-08-08T12:29:54-04:00

Real Estate, FTX, and the Metaverse / Reflections on the Coming Downturn

There are some dark clouds hovering over the office leasing industry that started with the pandemic and remote work. Industry veterans suggested for years that the trend would pass. However, 2 1/2 years into the pandemic, we can conclude that it is surely enduring with approximately 50% employee attendance around the country.

In order to adapt, […]

Real Estate, FTX, and the Metaverse / Reflections on the Coming Downturn2023-08-08T13:01:20-04:00

A New Incubator to Develop Actionable Ideas for NYC

As recently reported, a new cutting-edge thinking tank called the 5Boro Institute was recently formed by civic and business leaders including former Lieutenant Governor Richard Ravitch. The group has close ties to Mayor Adams, and its purpose is to promote new and actionable ideas to improve the city by advancing responsible, equitable and creative solutions […]

A New Incubator to Develop Actionable Ideas for NYC2023-08-08T13:04:37-04:00

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 6/09/20222023-08-16T11:53:07-04:00

Wharton Property Advisors Considered for 2021 Most Ingenious Deal of the Year 4/06/2022

I am pleased to pass on that the Real Estate Board of New York (REBNY) is considering Wharton Property Advisors in its annual competition for the Most Ingenious Deal of the Year for 2021. Please see the click-through sent by REBNY at the bottom of this e-mail for additional details.

We have three deals that have been submitted […]

Wharton Property Advisors Considered for 2021 Most Ingenious Deal of the Year 4/06/20222023-08-31T13:04:49-04:00

Why NYC is leading the way – again 8/04/2021

For much of the pandemic, it was all the rage to declare the demise of New York City as many successful business people were decamping to Florida and Texas due to their pro-business policies and lack of state income and estate taxes. In contrast, New York was deemed to be an outdated relic.

But let’s take […]

Why NYC is leading the way – again 8/04/20212023-11-28T14:11:53-05:00

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 Lease2023-02-14T11:57:07-05:00

Lying and the Importance of Honesty in Real Estate

Several friends recently called my attention to the fascinating recent article in the New York Times regarding the well–known retail real estate broker Faith Hope Consolo who was found to have numerous misrepresentations concerning her life history (see the link at the end of this piece). While on one level this is a […]
Lying and the Importance of Honesty in Real Estate2022-05-11T16:21:47-04:00

Is There a New Alternative to the Security Deposit?

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 […]

Is There a New Alternative to the Security Deposit?2021-12-30T11:16:07-05:00
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