Moving Athletes and Their Families- Companies and Their Families, You and Your Family offering Real Estate Concierge Service- Anxiety Relocation Relief
Thanks Stephen Straub, this made me think and really look at it from my professional angle. So what does this mean in terms of commercial real estate? Well, the concept of "Return To Office" (RTO) brings both challenges and opportunities. On one hand, we can expect an uptick in leasing activities as companies re-evaluate their office needs post-pandemic. However, the traditional metrics of what makes office space desirable are shifting. Companies are less focused on just the square footage and more concerned with amenities, flexibility, and technological capabilities that make the work environment efficient and adaptable. The introduction of hybrid work models adds another layer to consider. Spaces that offer mixed-use capabilities—like boardrooms that can easily transition into more casual brainstorming areas—are going to become increasingly sought after. Many businesses are likely to either renegotiate their existing leases or opt for shorter-term contracts to maintain flexibility as they navigate the evolving RTO landscape. As for how NYC compares to Houston, Chicago, and Los Angeles, it's true we may lag in daily office attendance. But New York has always been more about quality than sheer numbers. While other cities might offer commercial spaces that are relatively interchangeable, New York's tighter, more competitive market can command higher prices, especially for spaces that meet the updated, post-RTO requirements. Basically, New York's commercial real estate sector isn't just about keeping up; it's about setting the bar. #rtonyc #nyccommercialrealestate #nyccommercialcontractors #commercialrealestateagent
President @ Gotham Building | Project Management, LEED GA | 646-450-1305 | straub@gothambuilding.com
RTO "Return To Office" How does NYC compare to other US Cities? Based on the numbers, the big apple ranks 4th behind Houston, Chicago and Los Angeles. However, while the city may witness fewer daily office-goers compared to other US cities, the emphasis will shift towards quality, flexibility, and innovation in the workspace. The city's commercial real estate sector will need to adapt to the evolving needs of businesses and employees alike. #CommercialRealEstate #NYCRealEstate #RealEstateInvesting #RealEstateDevelopment #Landlords #PropertyManagement Gotham Building Virtual 5 O'Clock
