Category Archives: Uncategorized

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 metropolitan area, with… Read More

1 week countdown: JLL anthem film at the HBO Bryant Park Summer Film Festival

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The HBO Bryant Park Summer Film Festival kicks off in less than one week! From June 19 to August 21, the lawn at Bryant Park turns into Manhattan’s own outdoor movie theater as throngs of people invade its green grass each Monday evening at 5pm, as screenings begin at sunset. Ten classic movies will grace the outdoor big screen in 2017, with titles ranging from King Kong to Dirty Dancing.

This year, before each feature presentation,… Read More

Location, location, location: Transit-served markets boast best stats

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Submarkets with public transportation access have significantly stronger office fundamentals compared to those without transit, according to the Transit Served Market Report 2017. Vacancy in transit-accessible submarkets is 370 basis points lower than in non-accessible ones, while rents are 79.5 percent higher. And New York City has some new mass transit options that are opening up new geographies and submarkets.

Why does location matter?

If you’re an investor or developer seeking long-term holds, your asset is… Read More

Categories: Uncategorized.

Top 10 Global CRE Trends for 2017

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Are you trying to keep up with the relentless pace of change forced by digital disruption? Battling with increased volatility from uncertain economic growth and geo-political ambiguity? Are you wondering how to best adapt business strategies in 2017 to encourage essential innovation and growth for greater returns and stability?

JLL’s perspective on the top 10 global corporate real estate trends in 2017 shows how macro issues such as open innovation, agility, intelligent automation and human… Read More

Categories: Uncategorized.

So, you’re in sales too? 15 Tips to succeed

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Our brokers act as trusted advisors to our clients on a daily basis. While brokerage is rooted in sales, we also provide a wide-range of client services across the board. This post is one JLL colleague’s perspective on the business of sales and what makes a good sales person. We invite you to share your thoughts.

Reposted from LinkedIn to the JLL New York blog with permission from the author Loralyn Mears, Portfolio Services… Read More

Categories: Uncategorized.

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 Fitness are #1… 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 to the West… Read More