The Office is Dead; Long Live the Office

Some much-needed time off over the holidays has allowed me to reflect on the tumultuous events of the past year, and more specifically on the impact of the pandemic on real estate and the office. In a paradoxical way, the Omicron surge has been the last straw. Even some people who have […]

The Office is Dead; Long Live the Office2022-01-04T10:46:07-05:00

We are all Darwinians now – a good news story

Fifty years ago, Richard Nixon famously recognized the universal acceptance of the economic theories of John Maynard Keynes when he pronounced that “we are all Keynesians now“. In honor of my late father, who was a physician and Darwin scholar, I would like to modify that correct statement slightly to reflect the […]

We are all Darwinians now – a good news story2021-11-19T11:42:43-05:00

WeWork goes public; the view from our unique perch

Today WeWork is going public in a transaction that values the company at $9 billion. This is a far cry from the earlier valuation of $47 billion when WeWork proposed its earlier public offering in 2019, but scandal intervened, and the company had to fight for survival. But there is no need to revisit […]

WeWork goes public; the view from our unique perch2021-10-21T12:16:14-04:00

A Macro Perspective on the NYC Office Market

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 Market2021-10-07T08:41:29-04:00

Wharton Property Advisors – New National and International Affiliations

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 Affiliations2021-09-16T11:15:21-04:00

Why NYC is leading the way – again

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 – again2021-10-07T08:41:36-04:00

A plea to business leaders

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 leaders2021-10-07T08:41:42-04:00

An interesting memo to law firms – get back to the office!

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!2021-10-07T08:41:49-04:00

The Way We Live Now (the office version)

As my favorite author is Anthony Trollope, the author of The Way We Live Now, I thought it might be a good time to take stock of where we are now and where we are going as the summer approaches.

Our economic forecasters at Wharton Property Advisors see the […]

The Way We Live Now (the office version)2021-10-07T08:41:54-04:00

Introvert, extrovert, ambitious or established – who wins and who loses working from home

I have been saying for months that no one size fits all regarding the return to the office. You can book that based on my conversations not only with CEOs, but with many employees in a wide variety of positions in companies. We are at the beginning […]

Introvert, extrovert, ambitious or established – who wins and who loses working from home2021-04-29T14:48:38-04:00
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