Featured Blogs
Center City’s Outdoor Dining Now Surpasses Pre-Pandemic Levels
The latest State of Center City report unveils positive trends for the district, encompassing key landmarks such as City Hall, the Pennsylvania Convention Center, and the Ensemble Arts campus. Retail […]
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....Walmart Closing All US Health Clinics Due to Profitability Issues
Walmart (WMT.N) announced on Tuesday it will close all 51 of its health clinics and end its virtual healthcare services, citing unsustainable business operations. Walmart spokeswoman Marilee McInnis stated, “Healthcare […]
Read More....WCRE April 2024 Newsletter
In the WCRE April 2024 Newsletter, we cover a variety events impacting Philadelphia, South Jersey, New York and U.S. Commercial Real Estate. This month we cover major developments in Philadelphia […]
Read More....Center City Leaders Prioritize Residential Growth Amid Office Slowdown
Since 2021, over 7,000 new residential units have been built in Center City, transforming its daily population over the past five years. The shift has been from office workers to […]
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 […]
Read More....As Retail Shifts to Trendy Urban and Suburban Areas, What About Downtown Districts?
The challenges confronting America’s downtowns often stem from the considerable amount of vacant office space in towering buildings. Yet, another critical aspect of downtown revitalization involves addressing the growing vacancy […]
Read More....Under a New New York Budget Agreement, Unlicensed Cannabis Shops Will Face Closure
New York State is taking a firm stance against retailers and landlords disregarding cannabis regulations. Despite delays in permit issuance resulting in a surge of unlicensed weed shops, Governor Kathy […]
Read More....Investors Eyeing Country Clubs and Golf Courses
Golf’s revival has reignited investor interest in country clubs, as reported by Andy Medici of The Business Journals. Steven Ekovich, Executive Managing Director at LIPG, notes a 66% surge in […]
Read More....City Council Passes Zoning Change to Allow for NYC Casino
The New York City Council paved the way for prospective casino developers by passing a bill on Thursday that permits zoning changes for state-approved gaming facilities. Under this legislation, developers […]
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