office
Increase of Medical Office Leases in New York
![Increase of Medical Office Leases in New York](https://wolfcre.com/wp-content/uploads/2024/03/Untitled-design-2-4-150x150.png)
More New Yorkers can anticipate the arrival of medical providers in their neighborhoods soon. According to a report by JLL, the medical office inventory in New York City reached 6.3 […]
Read More....Fresh Incentives are Targeted at Kickstarting the Conversion of Office Buildings
![Fresh Incentives are Targeted at Kickstarting the Conversion of Office Buildings](https://wolfcre.com/wp-content/uploads/2024/03/Untitled-design-2-3-150x150.png)
For years, municipalities have utilized incentives to stimulate desired investments or address persistent issues requiring private-sector involvement. Presently, city officials are rolling out or enhancing programs to promote office-to-residential conversion […]
Read More....The flight-to-Quality Trend in the Office Market has Unique Nuances
![The flight-to-Quality Trend in the Office Market has Unique Nuances](https://wolfcre.com/wp-content/uploads/2024/03/Untitled-design-4-150x150.png)
The emphasis on state-of-the-art “trophy” office spaces is often highlighted as a primary factor influencing corporate site decisions, particularly in the post-Covid-19 era. This preference may primarily stem from the […]
Read More....The Conversion of Philadelphia’s Office Buildings Needs to Commence Immediately
![The Conversion of Philadelphia's Office Buildings Needs to Commence Immediately](https://wolfcre.com/wp-content/uploads/2024/02/Untitled-design-3-150x150.png)
The COVID pandemic has left an indelible mark on our collective memory, reshaping the way people work and where they work. In the Philadelphia area, the blending of home and […]
Read More....New Rules for Office Dress Code
![New Rules for Office Dress Code](https://wolfcre.com/wp-content/uploads/2024/02/Untitled-design-2-150x150.png)
As companies recall employees to the office, many are adopting a more relaxed dress code in exchange for the return commute, according to Andy Medici of The Playbook. A survey […]
Read More....Office Leasing Activity Increases But Remains Well Below Pre-Covid-19 Levels
![Office Leasing Activity Increases But Remains Below Pre-Covid](https://wolfcre.com/wp-content/uploads/2024/02/Untitled-design-150x150.png)
Office leasing activity has shown signs of improvement in recent months, although it remains below pre-pandemic levels. According to VTS Inc., a commercial real estate leasing and asset-management platform, the […]
Read More....Goldman Sachs Further Backs New York Office-to-Residential Conversion
![Goldman Sachs Support for NY Office Conversion](https://wolfcre.com/wp-content/uploads/2024/02/office-nyc-150x150.png)
Goldman Sachs to Originate $395 Million Loan for Refinancing of 70 Pine St., a Former New York Office Property Converted to Residential Use Goldman Sachs is set to originate a […]
Read More....NYC’s Office Return Surges, Reaching 70% of Pre-Pandemic Levels
![NYC's Office Return Surges, Reaching 70% of Pre-Pandemic Levels](https://wolfcre.com/wp-content/uploads/2024/01/nyc-office-150x150.png)
In December, the resurgence of the return-to-office trend saw average visitation rates at 350 Manhattan buildings climb to 67% of 2019 levels, as reported by the Real Estate Board of […]
Read More....Challenges Intensify as Office Market Faces Influx of Lease Expirations and Loan Maturities
![Wave of lease expirations, loan maturities to compound office market challenges](https://wolfcre.com/wp-content/uploads/2024/01/office-150x150.png)
An alarming number of leases are poised to expire in the next five years, posing a potential prolonged challenge for the U.S. office market. Recent analysis by CRED iQ, a […]
Read More....New York Metro: 2023 Year in Review
![NYC 2023 Year in Review with Office and Retail Sectors.](https://wolfcre.com/wp-content/uploads/2024/01/NYC-Post-150x150.png)
As we reflect on the New York Metro’s 2023 journey in both retail and office sectors, it’s clear that challenges persist but so do opportunities. While the office market declined […]
Read More....Assessing Philadelphia’s Office Market Against Other Major US Cities
![Assessing Philadelphia's Office Market Against Other Major US Cities](https://wolfcre.com/wp-content/uploads/2023/12/city-office-150x150.png)
Amidst a national trend of companies downsizing office spaces over three years, the Philadelphia metropolitan area stands out for its resilience compared to several other major U.S. office markets. Although […]
Read More....The percentage of individuals working from home has decreased to its lowest point since the pandemic
![The percentage of individuals working from home has decreased to its lowest point since the pandemic, standing at 26%, as employers prioritize a return to the traditional office setting.](https://wolfcre.com/wp-content/uploads/2023/10/wfh-150x150.png)
Less than 26% of U.S. households currently have individuals working remotely for at least one day a week, marking a substantial decline from the peak of 37% in early 2021, […]
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