Steven Quick, who has spent the past seven years as a top executive at commercial real estate giant Cushman & Wakefield, and Michael Casolo, who’s worked at JLL, Cushman & Wakefield, and the hedge fund Bridgewater Associates, have just joined the global workplace design-build firm Unispace. The company, which has designed and built out offices for companies including Airbus, Sonos, Michael Kors, and the Salvation Army, is a new kind of one-stop shop for office real estate. Founded in Australia in 2010, Unispace has grown to 46 offices and design studios in 25 countries. Quick will be the company’s global CEO, and Casolo its chief revenue officer. … [Read more...] about Are offices dead? Not yet, but real estate power brokers are betting on a new strategy
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The first community land trust in rural Georgia in 1970 was established on land purchased by a small group of individuals with some federal grant assistance and became the largest single piece of land in the country owned by African Americans, who got to keep all the proceeds from their labor. Although the trust, New Communities Inc., was beset by drought and discrimination from the start and was forced to close by the late 1980s, it helped inspire people to create similar organizations across the country. … [Read more...] about This old but innovative form of real estate deal could help heal segregated cities
Embassy Group has been entitled to utilize 1,000 sq feet of wall space in the station premises for branding and advertising activities and an exclusive 3,000 sq ft area for commercial development that may include retail stores, food, beverage and other kiosks. … [Read more...] about Embassy Group signs MoU with BMRCL for Bettahalasur Metro Station
The demand for Sollis Health’s services reveals how America’s wealthy are staying safe amid a pandemic: by bringing healthcare to themselves. While most Americans are able to access doctors over telehealth platforms, they still have to contend with a broken medical system, including hospitals that at times have no space for new patients and an inability to get test results in a timely fashion. Contrary to what some thought at the beginning of the pandemic, COVID-19 has not been some great class equalizer. Data show that Black, Latino, and Native Americans have suffered greater hospitalization and death from the disease compared with their white counterparts, because of an array of systemic barriers including poverty. It should not be surprising then that for the right price, a person can avoid overwhelmed hospitals, testing shortages, and even a week-long delay in receiving test results. … [Read more...] about The hottest new amenity for the rich? On-demand doctors and COVID-19 tests
Some companies with leases that are ending this year or next appear to be kicking the can down the road, signing short-term extensions rather than committing to typical deals that last several years. In recent weeks, NBC Universal extended a lease for a secondary office at 1221 Avenue of the Americas and the Stroock & Stroock & Lavan law firm did the same for its office downtown. But they both did so for just a year, according to Colliers. A spokeswoman for NBC Universal declined to comment and Stroock & Stroock did not return a call and multiple emails. … [Read more...] about COVID-19 | Manhattan’s office buildings are empty. But for how long?