|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, […]
Flexible working bends outdated rules governing the time and place for getting work done. It helps
In practice, however, employees and organizations are finding that flexible working […]
New York City law firms are accelerating their race for modern office space to recruit newly minted Manhattan attorneys who typically spend huge amounts of their waking hours at work.
Nearly a dozen real estate CEOs were among the nearly 50 people charged in a nationwide scheme to cheat on college entrance exams to get children into elite colleges, federal prosecutors said.
The mostly California-based suspects, which include a former Cushman & Wakefield broker and the former CEO of investment management firm Pimco, allegedly bribed coaches and school administrators […]
Ikea is to start leasing furniture in a radical departure from its traditional business model that the
The first leasing trial by the world’s largest furniture retailer is set to begin in Switzerland as soon
The American Dream Mall—once given a deadline to open in 2014 when the Super Bowl was played in New Jersey—has become the butt of many Northern New Jersey residents’ jokes. It’s been empty for years, little more than a garish, multi-colored eyesore to the drivers on the New Jersey Turnpike.
But finally, after 16 […]
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 […]
The American Kennel Club is scheduled to open next month its new Museum of the Dog in New York City, following a relocation from a Greek Revival-style residence in St. Louis, Missouri, to a 48-story glass tower in Manhattan.
The club has leased 60,000 square feet at 101 Park Ave. for space it plans […]
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 […]