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 […]

By |2019-07-23T17:03:57-05:00July 23rd, 2019|Midtown NYC Office Space, Sublease Extra NYC Office Space, Sublet Extra NYC Office Space, Tribeca Office Space, Wharton Property Advisors|Comments Off on Is There a New Alternative to the Security Deposit?

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. […]

By |2019-06-13T14:59:05-05:00June 13th, 2019|Tribeca Office Space, wework space nyc, Wharton Property Advisors|Comments Off on The Brave New (We)World of Office Leasing

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, […]

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Flexible working bends outdated rules governing the time and place for getting work done.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 […]

By |2019-04-08T11:15:15-05:00April 2nd, 2019|Soho Office Space, Sublet Extra NYC Office Space, Tribeca Office Space|Comments Off on Women in Business: Flexible working’s unforeseen tensions

Tesla to Close Stores, Emphasizing Online Sales Instead

With e-commerce dominant, even one of the sexiest retail proprietors around is having trouble making the business model work.

Tesla chief executive officer Elon Musk announced in a call with reporters yesterday that the company would close stores and move all car sales online in an effort to cut […]

By |2019-03-22T06:37:01-05:00March 7th, 2019|Chelsea Office Space, Downtown NYC Office Space, google nyc hq2, Madison Ave Office Space, NYC Office Space, Plaza District Office Space, Tribeca Office Space|Comments Off on Tesla to Close Stores, Emphasizing Online Sales Instead

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 […]

By |2019-03-01T13:27:24-05:00March 1st, 2019|Plaza District Office Space, Sublease Extra NYC Office Space, Sublet Extra NYC Office Space, Tribeca Office Space, Wharton Property Advisors|Comments Off on Ikea to trial furniture leasing in business overhaul

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 […]

By |2019-03-01T13:20:40-05:00March 1st, 2019|Chelsea Office Space, google nyc hq2, Madison Ave Office Space, Manhattan Office Space, Tribeca Office Space, Wharton Property Advisors|Comments Off on Success in 2018, Working for you in 2019

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 […]

By |2019-01-22T14:02:40-05:00January 22nd, 2019|NYC Office Space, Sublease Extra NYC Office Space, Sublet Extra NYC Office Space, Times Square Office Space, Tribeca Office Space, Wharton Property Advisors|Comments Off on Discovering a Retail Testbed in the City That Never Sleeps

American Kennel Club’s Museum of the Dog to Open Next Month in Midtown East

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 […]

By |2019-01-14T15:16:55-05:00January 14th, 2019|Madison Ave Office Space, Midtown Office Space, Soho Office Space, Sublet Extra NYC Office Space, Tribeca Office Space, Wharton Property Advisors|Comments Off on American Kennel Club’s Museum of the Dog to Open Next Month in Midtown East

How do I change my habits?

This week’s problem

Every now and then I feel the need to become more productive and collected at work, and decide to change my sleeping habits, start exercising, write a morning journal or something similar. Each time it lasts for a few weeks before I fall back to my old habits. How do I maintain new […]

By |2019-01-14T09:41:11-05:00January 14th, 2019|Chelsea Office Space, Downtown NYC Office Space, google nyc hq2, Tribeca Office Space, Wharton Property Advisors|Comments Off on How do I change my habits?