Ruth in the New York Times (8-29-2022)

Many of our readers likely saw today’s excellent lead article in the New York Times discussing the new Penn Station development project which is being spearheaded by Governor Hochul. I was pleased to be quoted in the article (see the click through below).

The project provides for a group of developers led by Vornado Realty Trust to […]

Ruth in the New York Times (8-29-2022)2022-09-07T11:56:48-04:00

Why so many lawyers are going into the office, and why that is important 8/10/2022

We have been tracking a fascinating trend in the legal industry in which their employees are returning to the office at substantially higher rates than other businesses. According to the widely-followed Kastle Systems back-to-work barometer, employees at law firms nationwide have approximately 80% average occupancy office attendance as opposed to 45% for all industries, a […]

Why so many lawyers are going into the office, and why that is important 8/10/20222022-08-11T15:12:35-04:00

A Bold Idea to Save NYC’s Subways 5/26/2022

In our last newsletter, we suggested that office employees follow Mayor Adams’ advice and take the subway to work. In light of the recent tragedy in which a Goldman Sachs employee was killed on the Q train, I’d like to supplement my thoughts.

Obviously, in this city of 8 million people there […]

A Bold Idea to Save NYC’s Subways 5/26/20222022-08-11T15:13:52-04:00

The Major Macroeconomic Reset Coming in the Office Market 5/04/2022

When I was a mortgage trader, I recall a wag on the trading desk who would often shake his head forlornly and mutter in abject despair that “we just don’t have good numbers“ to assess the state of the economy. Now let’s fast forward a few years (or decades) to the […]

The Major Macroeconomic Reset Coming in the Office Market 5/04/20222022-08-11T15:14:15-04:00

A Macro Perspective on the NYC Office Market 10/07/2021

ruth colp haber - wharton property advisorsHow has the pandemic affected the different sectors of the NYC office market? As you may note from the below grid, there is a widening gulf between the top-class A buildings and lesser performing class B buildings.

The class […]

A Macro Perspective on the NYC Office Market 10/07/20212022-08-11T15:27:43-04:00

Wharton Property Advisors – New National and International Affiliations 8/10/2021

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 […]

Wharton Property Advisors – New National and International Affiliations 8/10/20212022-08-11T15:28:00-04:00

Why NYC is leading the way – again 8/04/2021

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 – again 8/04/20212022-08-11T15:28:13-04:00

A plea to business leaders 7/26/2021

It has been obvious to all for many months that the restoration of both the nation‘s health and its economy is dependent upon a sufficient percentage of the population being vaccinated so that we can get to herd immunity. In addition, it has been equally clear that the pace of vaccinations slowed […]

A plea to business leaders 7/26/20212022-08-11T15:28:28-04:00

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! 7/19/20212022-08-11T15:28:43-04:00

Wonderful News … and a Key Decision Lies Ahead for Managers 12/15/2020

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 […]

Wonderful News … and a Key Decision Lies Ahead for Managers 12/15/20202022-08-11T15:30:30-04:00
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