Category Archives: Thought leadership

Life sciences poised for rapid growth in NYC

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New York City is emerging as a leading destination for biotech startups and the larger life sciences industry. As illustrated in our New York research Snapshot chart this week, New York City now ranks second in life sciences funding from the National Institutes of Health (NIH), receiving $1.63 billion in 2016 (see chart below).

The Bureau of Labor Statistics estimates that more than 1,000 life sciences companies are located in the New York… Read More

One door closes, another opens – to opportunities

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Despite headlines about store closures, retail opportunity remains positive as new stores open and alternate paradigms emerge, especially in New York’s prime urban retail corridors.

In New York City’s upper Fifth Avenue shopping corridor, Under Armour will open its newest flagship store in 2018, in the former FAO Schwarz space vacated in 2015. Old Navy and The Gap will open flagships together in the former Toys “R” Us space in the Bow… Read More

Will bank branches on every street corner become a thing of the past?

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A 20% decrease in bank branch locations is expected over the next 10 years

We’ve all heard the catch phrase “bricks versus clicks.”  But have you considered the cost savings tied to bank branch evolution from bricks to clicks?

Simple math tells an astonishing story: the cost per transaction through a bank teller is $8.00; the cost per transaction via a mobile app is $0.08.  Mobile deposit, transferring and banking has changed the… Read More

JLL promotes the workplace of the future

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TAMI tenants may prefer to hold a lunch meeting in Bryant Park with a Halal falafel and a $3 bottled water, but they demand first-class lobby concierge, wellness, gourmet food and more in the office. And it’s paying off. Large user tenants recently signed leases on New York’s West Side for >$100 per square foot that may include outdoor space, bike storage, fitness centers and pet-friendly facilities to help their organizations… 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

JLL a Top Attractor according to LinkedIn

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JLL is proud to be included on LinkedIn’s Top Attractor’s list of 40 companies that, according to LinkedIn data and analysis, are the best at attracting and keeping top talent.

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It is the first ranking of its kind based entirely on user activity such as job applications, career website engagement and employee retention. JLL is the only real estate company on the list.

“We are committed to a culture… Read More

The 2015 JLL Skyline Report is now Online!

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JLL’s Skyline Report is now available digitally!  The interactive website provides clients and prospects with market intelligence and insights on leading office buildings across the United States and Canada.

Visitors to the Skyline website can:

  • Discover the five themes shaping the Skyline today and in the future
  • Visualize key market metrics in 47 cities across the U.S. and Canada
  • Analyze more than a dozen data points on 1,000+ Trophy and Class A office buildings
  • Obtain a
  • Read More

Buy vs. Leasing in CRE: What’s the best decision for your business?

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Corporate real estate directors are constantly challenged to balance the opportunities of a dynamic capital markets environment with the operational and financial goals of their companies.

Many organizations follow a traditional course and have ownership or leasing strategies driven by longstanding financial policies. Some have implemented proactive strategies for selected properties—such as sale-leasebacks of owned assets or acquisitions of short-term leased assets—to take advantage of the current capital markets environment.

Historically these decisions have been… Read More

“We” vs. “Me”: Does your workplace interfere with working?

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JLL’s Bernice Boucher writes about the importance of creating “focus friendly” spaces in Work Design Magazine

Boucher, Bernice_sq_rgbIn a recent article written for Work Design Magazine, JLL’s Head of Workplace Strategy in the Americas, Bernice Boucher, posed this question regarding open office design:

“Are office layouts nailing the “open” part of the concept, but sabotaging employees’ ability to focus?”

In further exploring the holy grail of… Read More

How going green can boost productivity

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New research finds that green offices make a big difference in employee health, well-being and productivity

The following post was written by Rebecca Taylor and originally appeared as a Featured News Special on JLL’s Commercial Real Estate News Hub.

Next time you look around a mid-afternoon meeting and see nothing but stifled yawns and drooping eyelids, don’t think about replacing the espresso machine—think about going green.

A new report by the World Green Building… Read More