Brooklyn Commercial Real Estate
Hospital Design Transformed by Emergencies and Surgical Robots
Hurricanes, pandemics, and robotic surgical arms are driving fundamental changes in healthcare design. Dan Thomas and Julie Frazier of Perkins & Will highlighted some of the nation’s most disruptive changes […]
Read More....FIRE Tenants in Manhattan Show Slower Expansion
The financial industry, a cornerstone of New York City’s economy for more than a generation, is showing signs of reducing its demand for New York offices. From the pre-pandemic years […]
Read More....Loans on Office Buildings are Increasing
Sales of loans secured by struggling commercial real estate, including offices, are gaining momentum despite resulting in financial losses. Banks, in particular, are increasingly putting more loans secured by office […]
Read More....Rising Risk in Office Lease Exposure
The long-term nature of office leasing has delayed the market’s adjustment to the changes in office utilization triggered by the COVID-19 pandemic, allowing building owners to maintain some income from […]
Read More....Helping Employees Move from Burnout to Belonging
Are you bringing home more from your job than just a paycheck? A 2023 study by the American Heart Association found that burnout—chronic, unmanaged workplace stress—is on the rise, with […]
Read More....NYC Offices Turning into Residential Conversions
New Yorkers often joke about living at the office, but new data from the Department of City Planning suggests this could soon be a reality for some. According to the […]
Read More....Rising Office Demand Signals Recovery Optimism
Brandywine Realty Trust CEO Jerry Sweeney doesn’t label himself an optimist regarding the “frustratingly slow” pace of the national office market’s recovery. However, as head of one of the largest […]
Read More....Manhattan Office Tower with Saks Flagship Eyes Residential Conversion
The owner of a building adjacent to New York’s iconic Saks Fifth Avenue flagship store seeks a permit to convert its office space to residential units. The 38-story building, located […]
Read More....Price Gaps Worsening
Surprise fees persist, sneaking onto bills from concerts to dining outings. Retail analysts note a trend of companies unbundling costs, such as adding a credit card swipe fee or extra […]
Read More....Here’s the Key Driving Downtown New York’s Revival
As downtown areas rebound, attention has primarily centered on office re-openings. However, recent findings challenge this focus, revealing that nightlife and after-hours engagement are more influential in driving recovery than […]
Read More....The Sought-After Benefit Worth a Salary Reduction
Since the pandemic, employers are seeking ways to stand out in a competitive hiring landscape. This has led to the popularity of perks like unlimited vacation and sabbaticals, as well […]
Read More....With the FTC Banning Noncompetes, Businesses Must Adapt Quickly
The Federal Trade Commission has finalized a rule banning noncompete agreements, but businesses and managers shouldn’t rush to discard existing employment contracts. Legal challenges are expected to delay the rule’s […]
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