In normal times, owners of large office buildings would typically not entertain a one- or two-year lease extension for a large tenant, said Franklin Wallach, senior managing director of the New York Research Group at Colliers. “They see that new leasing activity has dropped off while the amount of sublet space coming into the market is on the rise, so the average landlord wants to keep the tenant in the building.” … [Read more...] about COVID-19 | Manhattan’s office buildings are empty. But for how long?
Lobby chrysler building
NB: There are four dimensions of value. The first is financial: Brands are a financial asset on the balance sheet. That’s one reason you should invest in them. When Gillette was acquired by P&G, the value of the brand alone was $25 billion. Number two is consumer value: Brand drives consumer decision-making. Number three is growth: Brands that transcended their category and cross over into different products, a lot of them have a clear iconic vision. The way that Apple has managed to go from a desktop computer to an iPod to a phone to monitoring people’s fitness and being a watch, it’s coming from the same thing: creative tools for creative minds. That empowers and enables them. And the fourth value is cultural value: Iconic brands have a disproportionate share of cultural voice, and they hold the internal culture of companies. … [Read more...] about What Airbnb Has Discovered About Building A Lasting Brand
A pro tip: Sometimes, gallerists and curators at higher-end galleries may sound snooty, particularly if you are new. Leading dealers also, seemingly, like to place their holdings with established collectors to protect the works’ pedigree, so even if you can afford a major painting, a gallery may not want to sell it to you. Move on to more welcoming galleries and there are several. The art world in India is small and soon, word-of-mouth of your seriousness as a collector or investor is likely to get around even amongst the snootiest of galleries. … [Read more...] about Buying art for dummies: Why you should buy, what you should buy and how you should build up your art portfolio to offer you both joy and great returns
Most car companies have long-term plans to transition to electric vehicles. But to tackle climate change, the shift will have to happen faster than it’s happening now. In 2019, only around 2.5% of new cars sold globally were electric. To meet climate targets, the reality is that every new car sold now should be electric. “What you need to do is make electric cars competitive with combustion engines on all metrics,” says Singh. “Those metrics include not only cost but range, charge time, safety, the life of the car. And that’s exactly why we’re doing what we’re doing with the solid-state batteries. We believe this also allows car companies to make electric cars that are much closer to combustion engine rivals than traditional batteries do. So we think that kind of breakthrough is exactly what’s required for people to start replacing their combustion cars with EVs the next time they’re out in the market to buy a car.” … [Read more...] about This Gates-backed startup is building a better battery for electric cars
The virus has upended lives and also the way we work, which has been from home for most of the past five months. But as the world comes to terms with the “new normal” and learns to live with the virus, offices are beginning to open up but with a long list of dos and don’ts and a heavy dose of technology to keep the workplace safe. … [Read more...] about UV air filters to holographic lift buttons, startups offer tech solutions to make offices Covid-safe