UL Interview: New York City CRE Owner Leslie Himmel on Finding “Brave Money” in a Down Cycle
When Urban Land last spoke to New York City landlord Leslie Himmel of Himmel + Meringoff Properties in March, vacancy within the nation’s largest office market was hovering just below 10 percent. While that still registers below the market’s peak of 11.7 percent in 2010, according to Moody’s, that rate has continued to drift upwards since March. Urban Land recently sat down with Himmel for a lively discussion about doing business in a recessionary market amid rising interest rates, and her ongoing search for what she calls “brave money.”
Coretrust’s Workplace Innovation Lab Showcases Advantages of Back to Office
With a goal of helping lure people back to the office in light of the post-pandemic work environment, Los Angeles-based real estate investment firm Coretrust Capital Partners is showcasing new technology which creates a safe and inviting workplace in an historic building.
Sustainably Growing the Mass Timber Industry
Mass timber has come a long way in the United States in the past eight years. Fulfilling mass timber’s green potential means responsible forest management and planning for what happens to the timber after the building’s end of life.
ResilientHub: A Study in Getting Office Buildings to Net Zero
A combination of passive and active building systems, solar photovoltaics, and building envelope technology drastically reduces building energy use.
Suburban Office Buildings Bear Up Better in Face of Pandemic
ULI MEMBER–ONLY CONTENT: Speaking at the 2021 ULI Fall Meeting, panelists discussed recent transactions in the office sector and which segments had performed the best.
In Brief: Mixed Signals for Downtown Office in Washington, D.C.
The economic recovery in Washington, D.C., continued through the close of the third quarter of 2021. Office leasing activity is ongoing, though at a slower pace than years past, while asking rents are rising (up 2.1 percent from 2020 according to Newmark). The overall D.C. vacancy rate is just over 18 percent, according to CBRE.
ULI Fall Meeting 2021 Tour: Chicago Titans
This morning in Chicago’s South Loop, ULI members were treated to a tour of two historic and iconic buildings that have recently undergone major redevelopment and renovation: The Willis Tower and the Old Post Office.
The “Multiverse of Work”: Productivity and the Workplace in the Post-COVID World
The COVID-19 pandemic has challenged us all to rethink everything we thought we knew about productivity and the workplace. As we have learned, the answers are far from straightforward, but they are nevertheless emerging. During a 2021 ULI Virtual Spring Meeting session, real estate experts explored how employees’ preferences and performance are leading to a suite of workplaces—a “multiverse of work” in which homes, corporate offices, and various other locations will combine to enable a high-performing workforce.
Keywords for Returning to the Office: Flexibility, Technology, Variety, and Health
Will the COVID-19 pandemic bring about the end of the viability of open-plan office space? Panelists speaking during a recent ULI Asia Pacific webinar concluded that flexibility, technology, variety, and health would be the key concepts bringing companies and key employees back to offices.
ULI Forecast Sees Increased Improvement in Outlook for U.S. Economy
U.S. real estate economists predict generally improved economic and property market news for the rest of 2020, as well as for the following two years, compared with their forecasts of six months ago, according to the fall 2020 ULI Real Estate Economic Forecast.