Stop Calling it Office Space

Stop Calling it Office Space

According to McKinsey Global Institute, the value of “office space” is destined to fall by 800 billion dollars by 2030. Notice they didn’t say commercial real estate. And would it be different if they did? I think so. Value often changes in how...
Office Perks

Office Perks

What office perks would bring you back to the office? Vornado Realty Trust is spending $1.2B to renovate two buildings near Penn Station that will have the “wow” factor. They will have pickleball courts, restaurants, coworking spaces, and more. Workers...
How Do Banks Feel About Remote?

How Do Banks Feel About Remote?

Large banks seem to be leading the battle cry to get back to the office. It seems a bit ironic because the history of banking for the past 50 years has been all about remote. And still, while Jamie Dimon is espousing his disdain for remote work, he is actively pushing...
A New Highway

A New Highway

Roads make things possible. New types of roads make new types of things possible. It’s a mechanism for commerce, it provides a consistent way to get things from place to place and provided a mechanism for transmitting information. Communication and...
The Great Escape

The Great Escape

The great escape is here. In April of 2021. Bureau of Labor Statistics reported the highest level of people leaving the workforce, ever recorded, 2.7%. This is in contrast to perceptions from 2020 When people were concerned about preserving their jobs. But now as...