Category Archives: Uncategorized

Heightened demand and new developments have propelled the Meatpacking District to the top of the market

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  • The desirability of the Meatpacking District (in part by fueled by Google’s move to 111 Eighth Avenue back in 2005 and its continued development of a “campus” in the micromarket) has encouraged developers to build boutique office buildings, which are commanding rents well above the market average. Opportunistic landlords are taking advantage of Meatpacking’s status as a trendy and hip place to be.
  • Six new developments—three complete and three impending, totaling 787,989
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Manhattan’s Class A office market finishes 2017 strong

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Class A office product dominated Manhattan in the last quarter of 2017, as detailed in the Q4 2017 Office Insight report recently released by JLL Research. This “flight-to-quality”… Read More

JLL New York continues giving tradition

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It truly is the most wonderful time of the year, and our JLL office was happy to give back this holiday season. The employees at our 330 Madison Avenue office collected holiday gifts for the mothers and children currently living in the St. Joseph’s Home in Jersey City, NJ.

St. Joseph’s Home, part of the York Street Project, is a transitional home for homeless women and their children- providing them with a… Read More

New York’s Fifth Avenue ranked #2 on 2017 Most Expensive Streets Report

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Where do office tenants pay top dollar, you may ask? According to the 2017 Most Expensive Streets Report, the Midtown Manhattan stretch of Fifth Avenue ranks number two on the list of the country’s most expensive streets.

Fifth Avenue, from 50th Street to 61st Street, came in second behind California’s Sand Hill Road in Menlo Park, recording an average asking rent of $116.04 per square foot with top asking rents as high… Read More

ICSC expands in NYC

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The retail climate is hot at ICSC 2017 – New York Deal Making, as retail industry experts gather to discuss navigating a somewhat unknown but definitely expanding frontier. Even this year’s conference is expanding –  attendance, exhibitor space and CRE technology have all expanded at the Jacob K. Javitz Convention Center to help retailers build brand loyalty, grow revenue and empower the next generation…all in less than 3 days.

According to Shopping… Read More

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

The Future of Work | Digital Drive

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As we continue exploring how commercial real estate is transforming business through our Future of Work model, we find digitization and technology to be a powerful force behind improving work space performance and enabling employees to focus on more strategic and creative ambitions.

So it’s no surprise that the second dimension of our Future of Work series is Digital Drive. All companies are becoming technology companies. Technology drives change and changes inspired… Read More

JLL only CRE firm to make Working Mother’s “100 Best Companies”

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JLL has been named to Working Mother’s “100 Best Companies” in the US for strong leadership in creating progressive programs for the advancement of women, work/life flexibility, childcare and paid parental leave.

The 100 Best Companies are featured in the October/November issue of Working Mother and on workingmother.com. “Our people are our most valuable asset,” said Mary Bilbrey, Americas Chief Human Resources Officer, JLL. “We’re proud to offer flexible work arrangements, a… Read More