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 foster interaction, increase… Read More
As discussed in Part I, co-working is a positive trend in real estate that is taking over our offices and the headlines in industry news. Co-working models are becoming specialized by industry and are beginning to morph and blend in different ways, leading to even more iterations and opportunities for change. Organizations within the same industry, or who share similar business lines or services are exploring corporate co-working models, and discovering opportunities for mutual… Read More
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.
These younger “techies” are not used to being tethered to a desk, stuck in an office building from 9 to 5. Rather, … Read More
It’s time to focus your workplace productivity strategy where it matters most.
Increasingly, companies are turning to the workplace to find the key to improving employee and business productivity, with many firms investing heavily in strategies designed to better support the work their people do. However, what many companies are failing to consider is whether the work being done actually creates the… Read More
The lead of JLL’s Workplace Strategy Practice in the Americas, Bernice Boucher, recently authored an article for GlobeSt.com detailing the 14 workplace trends that she sees to be reshaping corporate cultures in 2014 and beyond.
“The workplace is shifting from an ownership model to a membership model, with employers today creating inclusive cultures that drive cross-functional collaboration. These 14 trends are not only affecting workplace culture, they… Read More