Perspectives
New Infrastructure Imperatives Emerge
Infrastructure: New Imperatives Emerge was listed as the #5 issue in the 2021-22 Top Ten Issues Affecting Real Estate® by The Counselors of Real Estate®. The COVID-19 pandemic, climate change, and heightened societal interest in social and economic equity have redefined infrastructure imperatives beyond significant ongoing necessity for improved roads, bridges, airports, ports, mass transit, and… Read more
Perspectives
Last Mile Logistics: On Time and In Full
Logistics was listed as the #4 issue in the 2021-22 Top Ten Issues Affecting Real Estate® by The Counselors of Real Estate®. Introduction Logistics conjures images of the brown UPS delivery vehicle from the 1980s for most baby boomers. For younger generations, though, logistics is an often used—but mostly misunderstood—term that impacts all MSAs and… Read more
From Materiality to Risk Mitigation: ESG at A Tipping Point for Real Estate
ESG at a Tipping Point was listed as the #3 issue in the 2021-22 Top Ten Issues Affecting Real Estate® by The Counselors of Real Estate®. Introduction Environmental, social, and governance (ESG) has reached a tipping point. In a 2019 McKinsey survey, 57% of CEO respondents said they believe ESG programs create long-term value, and 83%… Read more
Perspectives
Pushed Off the Diving Board: Accelerated Tech Adoption in the Golden Age of the Late Adopter
Technology Acceleration and Innovation was listed as the #2 issue in the 2021-22 Top Ten Issues Affecting Real Estate® by The Counselors of Real Estate®. Technology once again makes our Top Ten list but under different conditions and with more short-term implications. Constant themes like artificial intelligence (Al), machine learning (ML), the Internet of Things (IoT)… Read more
Perspectives
Will COVID-Accelerated Mobility Patterns Endure, Changing the Built Environment as We Know It?
Remote Work & Mobility was listed as the #1 issue in the 2021-22 Top Ten Issues Affecting Real Estate® by The Counselors of Real Estate®. Introduction COVID-19’s disruption during 2020 has significantly impacted the world’s economy, demographics, and human behavior in how and where they use space. While the general flow of people, the migration within… Read more
Perspectives
New York Tomorrow
“You can never step into the same river twice, since the river keeps changing and you keep changing.” The ancient Greek philosopher Heraclitus could have been referring to New York. He would have understood an evolving New York in an alarmingly transforming world. Pre-pandemic New York was the financial, cultural and media capital of the world. “Wall Street”, “Broadway” and “Madison Avenue” were generic names for their... Read More