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 |2019-06-13T14:59:05-04:00June 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, […]

WeWork adds another 50,000 s/f Financial District headquarters

WeWork has secured a new location for its headquarters by WeWork at 30 Wall Street in the Financial District.

The co-working giant will be taking approximately 50,000 s/f across the second, third, fourth, sixth and 11th floors of the building with average floor plates of 11,500 square feet.

The company expects to open this location to members […]

By |2019-05-23T16:50:01-04:00May 23rd, 2019|Chelsea Office Space, Downtown NYC Office Space, Midtown Office Space, NYC Office Space, Times Square Office Space, Wharton Property Advisors|Comments Off on WeWork adds another 50,000 s/f Financial District headquarters

Walmart’s AI-powered store of the future is nothing like Amazon Go

When Amazon launched its first Go store in 2018, the public lined up around the block to see the future of retail: a new experience where you could walk in, grab something off the shelf, and walk out. Sure, there were cameras on the ceiling and AI on computers tracking silently from above, but the promise […]

By |2019-05-05T17:20:20-04:00May 5th, 2019|Plaza District Office Space, Soho Office Space, Sublease Extra NYC Office Space, Wharton Property Advisors|Comments Off on Walmart’s AI-powered store of the future is nothing like Amazon Go

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 

By |2019-03-22T08:25:17-04:00March 20th, 2019|Chelsea Office Space, Downtown NYC Office Space, google nyc hq2, Office Space Near Amazon - LIC, Soho Office Space, Sublet Extra NYC Office Space, Times Square Office Space, Wharton Property Advisors|Comments Off on New York Law Firms Seek New Offices to Lure Attorneys in Jobs Known for Long Hours

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 […]

By |2019-03-22T08:11:21-04:00March 17th, 2019|Chelsea Office Space, google nyc hq2, Madison Ave Office Space, Manhattan Office Space, Midtown NYC Office Space, Sublet Extra NYC Office Space, Times Square Office Space, Wharton Property Advisors|Comments Off on Nearly a Dozen Real Estate Honchos Charged in College Cheating Scheme

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 |2019-03-01T13:27:24-04:00March 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 |2019-03-01T13:20:40-04:00March 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

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 […]

By |2019-02-14T13:27:19-04:00February 14th, 2019|Madison Ave Office Space, Manhattan Office Space, Sublet Extra NYC Office Space, Times Square Office Space, Wharton Property Advisors|Comments Off on After 16 Years of Construction, American Dream Mall Will Finally Open. Will it Work?

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 |2019-01-22T14:02:40-04:00January 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