Would a recession be just the thing the office market, landlords and central business districts need to get things back to – or at least close to -pre-pandemic levels of occupancy? “If a recession were to occur, that balance between employee and employer...
Also, close to two out of five tenants said they will be preferring longer occupancy terms to get ahead of possible rent increases. More than double the share of commercial real estate tenants are planning to increase rather than decrease their space next year,...
“The science is clear: these measures will protect Philadelphians and save lives,” Mayor Jim Kenney said. WHAT YOU SHOULD KNOW A new indoor mask mandate will go into effect in Philadelphia at midnight, the city announced Wednesday, except for businesses that require...
As companies return to the office, conflicts are likely to arise between the vaccinated and the unvaccinated. Here’s how employers can manage the complex scenario. Click here to read the complete article
COVID-19 has put a halt on business operations and in turn dramatically affected the accessibility of physical office space. We believe that Annual Pass-Throughs (i.e. Operating Expenses and Real Estate Taxes) will be impacted one way or the other. Whether this means...
The COVID-19 pandemic has caused many businesses to struggle. One way to alleviate the financial stress is by approaching landlords to renegotiate commercial lease. Businesses can take several approaches to work out new terms with their landlords. To ensure that your...
