There appears to be an unseemly rush to set up casinos in Manhattan. Every day there is a new proposal from a prospective operator.
However, don’t fall for the okey-doke. If the city places a bet on Lucky Dan, it’s sure to be stung just as in the movies. This is a desperate last gasp move […]
There have been several excellent articles recently about whether the glass representing the future of New York and urban America is half empty or half full. We don’t yet know in a metaphorical sense. However, we do know that offices are literally half full with 49.6% employee attendance in New York City and 49.0% nationwide. […]
Our well-informed readers are surely aware of the travails of Twitter following its recent takeover. Technology is not my field, but when Elon Musk mandated a return to office by employees that he later rescinded, I thought there might be helpful lessons for managers from the ensuing debacle in my area of expertise. Clearly, this […]
There are some dark clouds hovering over the office leasing industry that started with the pandemic and remote work. Industry veterans suggested for years that the trend would pass. However, 2 1/2 years into the pandemic, we can conclude that it is surely enduring with approximately 50% employee attendance around the country.
In order to adapt, […]
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 […]
Some of our well-informed readers may recall about a year ago there was some attention paid to the concept of “lying flat“ in China, where burned out millennials were becoming discouraged from vigorously pursuing an ambitious career. Now we see another incarnation of the doctrine in the form of “quiet quitting” which has been widely […]
