Category Archives: Uncategorized

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

How WELL LEEDs to building engaging relationships

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How to make your competitors ‘green’ with envy

As commercial real estate ‘matchmakers’ tasked with the demand for engaging experiential building amenities for tenants, we can’t help but want to dive deeper into the psychology of how our workspace affects us on a personal level. More critically, how it affects building-wide relationships- whether it be between broker and owner, tenant and landlord or employee and tenant. And most essentially, how cultivating this… Read More

Midtown East rezoning to spur development of new office towers

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The Midtown East rezoning deal struck between the New York City Council (Land Use Committee) and the de Blasio administration not only allows for new construction of approximately 6.5 million square feet of office space within the 78-block area around Grand Central, but is also intended to generate a minimum of $61.49 per square foot, or 20 percent of the… Read More

Enforcement for New NYC Business Recycling Rules Began August 1st

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The NYC Department of Sanitation is leading New Yorkers to contribute zero waste to landfills by 2030. New business recycling rules were published in the City Record on February 5, 2016 and enforcement of these rules began last week on Tuesday, August 1st.

All businesses in New York City are now required to recycle certain materials and to ensure that those recyclable materials are properly handled by their private carters (to their… Read More

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

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… 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,… Read More

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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… Read More

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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… Read More

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