A poignant reminder re building design as New York metro area just experienced a rare magnitude 4.8 earthquake, the biggest I've ever recalled encountering in all my time living in the city.

costar.com/article/162053… #Taiwan Earthquake #Taiwan #CRE #design #Taipei #nycearthquake

The question is, in what form will WeWork emerge from bankruptcy and how it can thrive in a new world of work.

Read related exclusive for a clue: costar.com/article/831779…

costar.com/article/207546… #wework #coworking #cre #nyc #realestate $we

More stores have opened in Times Square than closed since the pandemic began. product.costar.com/home/news/shar… #NYC #Manhattan #tourism #CRE #retail

Rent costs, three quarters of WeWork's revenue, 'continue to be the primary challenge and obstacle to its profitability and free cash flow.”
costar.com/article/101086… #wework $we #coworking #office #cmbs

The so-called 'pet humanization' trend has played a key part in sending U.S. pet spending to new record highs despite economic uncertainty.

New York may get ever newer storefronts and skyscrapers, but mixed in are vintage brick-and-mortar gems that make it a longstanding fixture in arts and media. One telling example: the hit Amazon Prime Video series 'The Marvelous Mrs. Maisel”

costar.com/article/736448… #NYC

ICYMI, as many famed retailers have fallen out of favor and shut stores for good, the enthusiastic response to Century 21 NYC’s reopening last week showcases the power of brand loyalty. costar.com/article/177281… #retail #CRE #Manhattan #NYC

The new question is, what's the best use of the iconic Manhattan landmark?

costar.com/article/644099… #realestate #NYC #flatironBuilding

Behind the romantic notion of New York’s iconic Flatiron Building, there is a harsh reality. costar.com/article/201723… #Manhattan #Auction #CRE #flatiron

To understand the coworking/flexible office market growth in Miami, one also has to study the nature of the city's Class A office space. 'All these people now wanting to open offices down here...this wasn’t some call center moving here.'

costar.com/article/927610…
$we #HybridWork

‘A third of people walk to work. Downtown is not just an office district. It’s a neighborhood. Now it’s a destination.’

‘What happened was tragic. What’s happened in the 20 years is downtown has become a completely new place...You could throw a stick and not hit anybody.’ Read full story: costar.com/article/144652… #nyc #Manhattan #NewYork #911Remembered #WorldTradeCenter #RealEstate #CRE #WTC

Thanks to coronavirus-led online shift, e-commerce sales could more than double to 31% of U.S. total by 2024 from 14% in 2019.

forbes.com/sites/andriach… #amazon #nyc #walmart #target #bestbuy #ecommerce #bopis #restaurant #COVID19 $amzn #macys

To make outdoor dining work in New York’s wintry weather, restaurants are coming up with different ways to fight the elements. Related story: forbes.com/sites/andriach… #nyc #restaurant #dining #Manhattan

'Nothing in the last 8 months has been real. It was mentally trying as it was physically. It was mental warfare.'

forbes.com/sites/andriach… Marc Forgione $cmg #olivegarden #restaurant #SmallBiz $dri #NYC #dining

With Precor, Peloton will gain 'significant U.S. manufacturing presence.' forbes.com/sites/andriach… #Peloton #homeworkout #nike #Lululemon $pton $nke $lulu #acquisition #athleisure #fitness #MADEinUSA

Plight deepens for many New York restaurants with the city's latest indoor-dining ban. The first snowstorm of the season is a harsh reminder outdoor dining can only go so far.
#nyc #restaurateurs #SmallBusiness #dining #Manhattan

While coronavirus upending the economy and driving more online sales may have hastened the use of 'buy now, pay later,' they aren’t the real reasons behind retailers hopping on the BNPL bandwagon.

forbes.com/sites/andriach… #buynow #fintech #paypal #afterpay #macys #walmart #gap

Even though coronavirus has led to a record 11,000-plus U.S. stores closings, don't bet against brick-and-mortar retail, or New York, yet.

forbes.com/sites/andriach… Läderach #chocolate #NYC #RealEstate #Retail

Even with coronavirus driving a surge in online sales, ecommerce still represent less than one-fifth of U.S. retail spending. forbes.com/sites/andriach… #BlackFriday #CyberMonday #amazon #ecommerce #HolidaySeason #walmart $gps $lulu #SocialDistancing #apparel