Category Archives: Uncategorized

Is reverse-commuting the new live-work-play?

0 CommentsBy

Despite the once prevalent “live-work-play” trend, recent data shows that there are over 4.8 million reverse commuters out of major cities. This recent phenomenon comes at a time where people are moving into cities much more quickly than jobs are becoming available.

Historically, jobs would lead the charge—employees would follow… Read More

Brooklyn rents increase as new product comes on line

0 CommentsBy

An interesting statistic from JLL Research: new office product coming to market in Brooklyn has asking rents that represent a 61 percent premium to previously existing product, a level in line with Downtown Manhattan asking rents. In fact, DUMBO asking rents ($65.35 per s.f.) have now surpassed Downtown Manhattan asking rents ($60.87 per s.f.). And nearly 40 percent of space currently available in Brooklyn and Long Island City are in buildings… Read More

High-tech tenants have catalyzed demand for Midtown South’s new product

0 CommentsBy

  • High-tech users have accounted for 53 percent of leasing in Midtown South new developments as tech firms have put talent attraction and retention at the forefront of real estate strategies. However, leasing has been led by non-traditional technology tenants. Mastercard signed a 212,500-square-foot at 150 Fifth Avenue for its
  • Read More

Office-using employment drives Manhattan’s labor market, accounting for a growing share of jobs

0 CommentsBy

There’s been quite a buzz about a national unemployment rate of 4.0 percent, however less than one quarter of jobs across the USA are considered office-using – implying this historically tight labor market is impacting office fundamentals in some metros more than others.

Such is the case for New York,… Read More

New trends in healthcare real estate look to increase patient care while reducing financial risk

0 CommentsBy

With traditional approaches to healthcare real estate proving too costly to keep up with rising (and changing) patient demand and compressed reimbursements, the industry needs to evolve to enhance the patient experience and maintain fiscal health.

JLL’s recently published 2018 Healthcare Real Estate Outlook highlights several strategies on the rise that aim to better serve patient needs while improving healthcare providers’ financial bottom line.

New types of real estate in more locations to… Read More

Are educated millennial moms the answer to the employment shortage?

0 CommentsBy

This month’s unemployment rate is 3.8 percent- a historical low, and for the first time since the statistic has been tracked, there are more unfilled jobs than there are people looking for jobs! The majority of those unemployed are women. Nor surprisingly, more educated women then educated men are unemployed- presumably choosing to stay at home to care for their children.

But the facts are more staggering than you think:Read More

JLL named one of America’s Best Employers According to Forbes

0 CommentsBy

Forbes has named JLL to its 2018 list of America’s Best Employers for the fourth consecutive year. The top companies represent 25 different industries, and JLL ranked first among commercial real estate firms in the Business Services and Supplies category.

Clients and third-party organizations continue to recognize JLL globally for its ethics, corporate citizenship and commitment to being an employer of choice.

Read more on the subject here.

Read More

Where are all the workers?

0 CommentsBy
As of January 2018, roughly 6.3 million job positions in the U.S. remained open but unfilled—a record high.

American companies have been creating about 150,000-200,000 net new jobs per month in recent years, keeping pace with labor force growth.  But, according to the Manpower Group, roughly 40 percent of employers report difficulty filling jobs due to insufficient talent. And it’s not just tech or IT jobs—the jobs gap is impacting the… Read More

Quick bites: 10 global food trends to watch

0 CommentsBy

JLL unveiled its Global Food Trends report at ICSC’s Food for Thought conference in New Orleans this week, presenting the results of its search for the world’s biggest innovations in food service. With Americans now spending more on dining than groceries, these mega trends are set to shape the retail, food and beverage industries of tomorrow.

Experience Economy: The aspiration of experience over ownership

  1. Dinertainment: Consumers are looking for ways to incorporate more
  2. Read More

Luxury brands opt for airport pop-ups

0 CommentsBy

If you were travelling through New York’s JFK Airport and thought you passed a giant blue Tiffany box, you were in fact correct.

The Tiffany installation was one of many examples of luxury brands popping up in airports as a way to draw in customers. Airports have long been synonymous with luxury retail outlets, but now a growing number of brands are choosing to showcase their wares in a more temporary, and eye-catching,… Read More