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

An interesting memo to law firms – get back to the office! 7/19/2021

Our eagle-eyed readers may have taken note of recent press reports of the memo issued by Eric Grossman, chief legal officer of Morgan Stanley directing that its outside law firms representing the company return to the office to improve client service. According to dispatches, the memo suggested that firms continuing to work […]

An interesting memo to law firms – get back to the office! 7/19/20212023-11-28T14:18:52-05:00

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

The Brave New (We)World of Office Leasing

WeWork and the other co-working spaces present a tantalizing trade-off for the savvy office tenant who is looking for a bargain or may have a limited budget for rent or a security deposit.

There are significant advantages to WeWork. First, they allow tremendous flexibility by virtue of the month to month leases without any security deposit. […]

The Brave New (We)World of Office Leasing2021-12-30T11:16:07-05:00

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

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 overhaul2021-12-14T10:11:59-05:00

Success in 2018, Working for you in 2019

As I look back on 2018, I am particularly proud that our company served as real estate advisor to the diversified clients identified below.  We assisted these firms with a variety of important real estate matters including relocating their offices, subleasing their space or renegotiating their office lease. However, we are not resting on our […]

Success in 2018, Working for you in 20192019-03-01T11:56:11-05:00

Discovering a Retail Testbed in the City That Never Sleeps

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 […]

Discovering a Retail Testbed in the City That Never Sleeps2019-01-22T14:02:40-05:00
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