This level of control is especially important now that companies are moving from the initial shutdowns to the interim office adaptations to considering dramatic changes to the way their offices look and operate, Quick says. Unispace estimates that companies are going to be wanting 20% to 30% less office space when the pandemic is brought to heel. Working with one organization to make these adaptations means companies can rethink their offices more quickly, and more easily implement changes as conditions evolve. … [Read more...] about Are offices dead? Not yet, but real estate power brokers are betting on a new strategy
Toronto luxury real estate
Partnerships between cities and community land trusts are a promising way to provide affordable housing and help low-income and minority families. As cities reflect on their roles in perpetuating institutional racism and what they can do to relieve it, they can use their zoning laws and negotiating power to support community land trusts, as one way to keep housing affordable and benefit minority communities. … [Read more...] about This old but innovative form of real estate deal could help heal segregated cities
“This metro station will ease the traffic situation on the Outer Ring Road, leading to the International Airport. We are very happy to associate with BMRCL for this second metro project and look forward to continue supporting the creation of world-class public transportation in Bengaluru,” said Aditya Virwani, chief operating officer, Embassy Group. … [Read more...] about Embassy Group signs MoU with BMRCL for Bettahalasur Metro Station
North Madison or NoMad, the neighborhood above Madison Square Park where the Madison House is situated, is a former commercial district that has in recent years become home to glass-walled condo buildings and glitzy rooftop bars. The Madison House holds the title for being NoMad’s tallest residence, though among luxury buildings its amenities are pretty standard fair. They include a spa and fitness center, a residents-only club, and a wood-paneled wet bar, all illuminated with the honey glow of soft lighting. But what sets the Madison House apart from its peers is that it now offers new condo buyers a one-year subscription to Sollis Health, a members-only primary care and emergency medical facility. … [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?