Hurrah – the long-awaited vaccine is finally here! Thanks to this wonderful news, businesspeople can finally look ahead to the future with some confidence that a return to normalcy is possible within a year’s time, and hopefully sooner. John Maynard Keynes said that businesses will not expand unless they believe that tomorrow […]
I am pleased to pass on the exciting news that Wharton Property Advisors has been selected to join an exclusive international network of real estate agents representing tenants in approximately 70 cities worldwide. This new alliance which we helped create expands our capacity to assist clients in all the major cities and metropolitan areas in […]
The business world and the office will likely never be quite the same as pre-Covid. We know that. But let’s fast forward 6 to 12 months. Better days may lie ahead for several reasons.
1) When the Coronavirus is over and life returns to safety, there will be a desire to come together […]
The attorney-landlord relationship may never be the same.
Attorneys everywhere are dusting off their leases and sharpening their cost-cutting pencils, thanks to an elevated capacity for remote operations and an economic downturn that’s trimming revenues in many sectors. A smaller plant is needed, goes the reasoning — especially if its […]
Law360 (July 9, 2020, 6:15 PM EDT) —
There have been many articles regarding the future of the office. Pundits are speculating about its new form and whether the office will even survive the coronavirus pandemic. We suspect the office will survive in an improved […]
Steve Cuozzo was first to report that the video-sharing platform clipping at the heels of Twitter, Instagram, SnapChat and Facebook has signed a 10-year-lease for 232,000 s/f at One Five One, Durst’s 48-story tower formerly known as Four Times Square.
The deal gives a major shot in the arm to an office market that has been […]
|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 […]|
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 […]
|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 […]
Open office plans give the workplace a hip, collaborative vibe. That’s why they’re popular. But the distractions that come with them have some people longing for the days of cubicles. Plus: what a weak dollar does to the economy and we meet one couple navigating an uncomfortable money situation.