Why NYC is leading the way – again

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 In contrast, New York was deemed to be an outdated relic.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 – again2021-10-07T08:41:36-04:00

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 Estate2020-01-24T10:36:59-05:00

Top Ten Issues in Real Estate Today

By Ruth Colp-Haber, Wharton Property Advisors, Inc.

I love Top 10 lists (who doesn’t?). The Counselors of Real Estate – an exclusive group of real estate advisors of which I am a member – did a recent survey of the top 10 concerns facing the industry. The results were fascinating, and are summarized in the attached […]

Top Ten Issues in Real Estate Today2019-08-22T15:41:27-04:00

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?2019-07-23T17:03:57-04:00

WeWork Nabs 55K at 30 Wall Street

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, […]

WeWork Nabs 55K at 30 Wall Street2019-05-23T17:12:23-04:00

Women in Business: Flexible working’s unforeseen tensions

Flexible working bends outdated rules governing the time and place for getting work done. It helps
employees who want to meld their career with competing responsibilities and interests outside the
office. It is deemed useful to women especially, as they generally shoulder the greater proportion of
caring responsibilities.

In practice, however, employees and organizations are finding that flexible working […]

Women in Business: Flexible working’s unforeseen tensions2019-04-02T11:02:12-04:00

New York Law Firms Seek New Offices to Lure Attorneys in Jobs Known for Long Hours

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.

In Manhattan, where law firm relocations are on the rise, Linklaters has signed for roughly 81,000 square feet for three floors of space at 

New York Law Firms Seek New Offices to Lure Attorneys in Jobs Known for Long Hours2019-03-20T08:24:09-04:00

Nearly a Dozen Real Estate Honchos Charged in College Cheating Scheme

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 […]

Nearly a Dozen Real Estate Honchos Charged in College Cheating Scheme2019-03-17T08:10:47-04:00

Ikea to trial furniture leasing in business overhaul

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
kitchen cabinets.

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 […]

Ikea to trial furniture leasing in business overhaul2019-03-01T13:27:24-05:00

After 16 Years of Construction, American Dream Mall Will Finally Open. Will it Work?

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 […]

After 16 Years of Construction, American Dream Mall Will Finally Open. Will it Work?2019-02-14T13:27:19-05:00
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