Category Archives: New York metropolitan

The Future of Work | Operational Excellence

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In less than two weeks, New York City is hosting the largest marathon race not only in the US, but in the world. How fitting since NYC also hosts one of the largest corporate races you participate in daily – the race to be the front-runner in your industry. And as New Yorker’s, we know you not only want to compete, you want win, every single day. And to do this,… Read More

The Future of Work | Continuous Innovation

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Accommodating the Liquid Workforce

How do you mesh today’s workforce of employees and freelance staff to create an environment that empowers the entire team and infuses your brand and culture? How can you make a flexible workspace while still creating a sense of belonging? And what mix of work areas will best empower freelancers without sacrificing a sense of ownership for full-timers?

While there is no one-size-fits-all answer, a workplace designed for a… Read More

Hudson Yards/Manhattan West update: New and improved product continues to draw from Midtown

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As Hudson Yards/Manhattan West takes shape, more and more traditional Midtown tenants have committed to the new and renovated quality spaces on the Far West Side, according to JLL Research. The westward trend continues as two more relocations from Midtown were reported in August: Business services firm… Read More

One Vanderbilt unveils additional building details

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Across the street from JLL’s Midtown Manhattan office, one of New York City’s soon-to-be-tallest buildings is slowly emerging from the ground. One Vanderbilt, the 1,401-foot tower developed by SL Green, has now reached street level, and its official Instagram has been actively sharing both its progress and plans.

In addition to… Read More

5 key trends shape mid-year Skyline update

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Last week, JLL launched a mid-year update to the 2016 Skyline Report, which provides online access to current market intelligence for the most iconic offices across our skyline. JLL’s Skyline provides insights on office supply, demand, rents and leverage for the top-tier office market within CBDs and urban cores. Five key trends shape this update, and below see how they impact our City.

  1. Gone today, here tomorrow

Many markets are expected to enter… Read More

Trend Spotting: Co-working Corporates, Part I

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If you opened a door in your office, and found 20,000 square feet of empty, unused space, what would you do with it?

“Use space as a differentiator. This is an increasingly popular trend in real estate. People are taking their spaces and using them for co-working in order to distinguish themselves and their working environments.” says Senior Vice President of Workplace Strategy at JLL, Phil Kirschner. Reliance on technology is increasing due to the Fourth Industrial Revolution taking hold in New York City, meaning that the workforce must be even more technologically-savvy than ever. As the workforce transforms into a younger demographic with a different skillset, they begin to dictate real estate trends.

Young women working at home office or co-working space

Young women working at home office or co-working space, courtesy of Thinkstock

These younger “techies” are not used to being tethered to a desk, stuck in an office building from 9 to 5. Rather, … Read More

Retail Round-Up!

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With ICSC #NYnDM taking over the Javits Center in New York this week, we thought we would do a round-up all things retail news…

Podium on fashion showCHECK OUT: Retail Runway…

JLL’s retail blog takes a look at the retail runway at ICSC New York and highlights the three major themes. What’s the great news for New York City? Urban store presence and Health and… Read More

Connecting #NYCTech to Work Spaces in New York City

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Image of the square:TECH homepage

JLL’s the square:TECH a new microsite designed to connect tech companies with workspaces in New York City

New York City has the fastest growing tech community in the United States. New York’s “Silicon Alley,” the aptly named, ever-expanding tech community, is often compared… Read More

Part Two: Behind the Scenes, Property Management

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This is the SECOND part of a two part interview series, with JLL’s Linda Aronson Leader of the Tri-state property management team. Click here to read part one.

PART TWO:  HOW DO I BECOME A PROPERTY MANAGER

Cutaway Office Building with Interior Design PlanGiven that property management bridges the gap for ownership and tenants, how do youRead More

Q1: Returned blocks combined with slower leasing activity to drive vacancy higher

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New York Office Outlook | Q1 2015

JLL’s New York Research team has just released its New York Office Outlook for the first quarter – a wrap-up of leasing activity in Manhattan, including Class A vacancy and asking rates, along with a snapshot of conditions in capital markets.

Report highlights are as follows:

  • A number of available blocks of space—most of which had been anticipated by the market—were added during the first quarter that
  • Read More