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 In contrast, New York was deemed to be an outdated relic.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

Let’s invite Delta and Coca-Cola to move jobs to New York!

As you may recall, approximately two years ago Amazon decided not to follow through on its plans to move to Long Island City due to community opposition. New York City could certainly use those tens of thousands of well-paying jobs with their attendant multiplier effect now.

Both Governor Andrew Cuomo and Mayor Bill DeBlasio were supportive […]

Let’s invite Delta and Coca-Cola to move jobs to New York!2021-04-07T07:31:49-04:00

WeWork goes public; my view from the office suite

Friday brought the long-rumored news that WeWork is going public in a transaction that values the company at $9 billion. The deal is structured as a merger with BowX Acquisition, a special purpose acquisition company (SPAC).

Following the report in the Financial Times of WeWork’s plan to go public via a SPAC, one wag […]

WeWork goes public; my view from the office suite2021-03-29T15:29:45-04:00

We’re Sounding the Alarm; the Office is Now a Destination, not a Requirement

In some companies, there is a clash brewing between management that wants to return to the office and employees who prefer remote work. Many CEOs are eager to get back in the office and the trend has accelerated in recent weeks as vaccines have become more widely available. Further, a recent Bloomberg article reported that […]

We’re Sounding the Alarm; the Office is Now a Destination, not a Requirement2021-03-24T08:52:26-04:00
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