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 […]
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 […]
How 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 […]
Ikea is to start leasing furniture in a radical departure from its traditional business model that the
Swedish group believes could lead to new ways of customers owning products from office chairs to
kitchen cabinets.
The first leasing trial by the world’s largest furniture retailer is set to begin in Switzerland as soon
as this month, and will involve […]
The Bezos has spoken. Amazon’s HQ2 is officially a split-decision between Long Island City in Queens, New York, and Crystal City in Arlington, Virginia—the predictable epicenters of finance, commerce and government. The official news leaves 236 other cities feeling extremely disappointed (or even used) like they were part of some bizarre, overhyped Seinfeld finale. But what split-decision […]
These senior housing projects are nicer than your home
A forthcoming rental building on the Upper West Side has undeniably luxurious extras, including a library lounge, a hair salon and a movie theater.
There’s just one catch: You have to be a senior citizen to live there.
305 West End Residences, near 74th Street, will be a sleek […]
For companies looking for a change in scenery or an entry into the New York market, 2018’s commercial market holds a lot of promise.
A surging supply of new and renovated office space promises favorable leases for prospective tenants, particularly […]
Despite the dizzying pace of change, everything old is new again.
Recently, all the talk is about which city Amazon will choose for its new headquarters. As we think of major tech office centers in the US, it is interesting to look at […]
We are seeing a lot of activity in the hedge fund sector. Many funds are restructuring their operations, and as a result, new vacancies are coming online.
These offices all have substantial infrastructure, furniture, and phones left in place. The spaces are suitable for broker dealers, private equity firms, fintech, and, of course, […]
Wharton Property Advisors, also known as Wharton Properties, is a New York City based office space consulting firm. Wharton specializes in office space for Finance Firms, Hedge Funds, Broker Dealers, Private Equity, Law Firms, TAMI, Consulting, Non profits, Fashion and Healthcare. They help find the right office space, negotiate office lease renewals or sublease extra […]
