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Office Space

Office flexibility — now even with larger global companies like IBM — is starting to trump corporate identity and risk

Office flexibility — now even with larger global companies like IBM — is starting to trump corporate identity and risk

By Howard Ecker According to a recent study I read about, leasing out flexible or co-working office space can be as much as 50 percent more profitable than leasing it out the more traditional way to a single tenant on a longer lease. But the same analysts that arrived at this statistic were quick to suggest that real estate companies…

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Tech, creative and media industries should remain interested in more than “trophy space”

Tech, creative and media industries should remain interested in more than “trophy space”

By Howard Ecker Yes, it’s true. Tenants from the tech, creative and media industries leased more than 8.5 million square feet in “trophy buildings” across the country in 2017. That’s an increase of seven percent over the year prior. Examples: Spotify snagged a 378,000 square-foot lease in 4 World Trade Center in New York, and Facebook signed a 436,000 square-foot…

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Even commercial real estate is falling victim to “fake news” these days

Even commercial real estate is falling victim to “fake news” these days

  By Howard Ecker Since our most recent election, fake news is, well, all over the news. It seems that everyone has their own perception about what constitutes “fake news.” Sometimes, I think fake news is anything that we really don’t want to know about or goes against our core beliefs. No matter your definition, the phrase is, at best,…

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The bidding war: I’m ready to change the way we think about the real estate leasing business

The bidding war: I’m ready to change the way we think about the real estate leasing business

  By Howard Ecker I’d like to change the game. Change how tenants and how brokers think about the real estate leasing business. Actually, how the world thinks about the real estate leasing business. My plan? I’d like to propose a bidding process for potential clients, and then let the best person, combined with the best bid, win. Imagine being…

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How To Select Office Space In The New Era Of Work

Picking out the perfect office space has always been a complicated decision, but it’s become much more difficult in recent decades. For the majority of human history, companies selected their space based on the headcount of employees they needed to support. Every employee came into the office to complete their tasks, and was hired with the expectation that they would…

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