New York City’s top business advocacy group slammed Gov. Kathy Hochul’s one-year ban on new construction of high-powered data centers in the state, calling it counterproductive and anti-commerce. Hochul signed an executive order last week enacting a one-year statewide moratorium on new “hyperscale” data centers that need at least 50 megawatts of power to run on, arguing … [Read more...] about Top NYC business group opposes Gov. Hochul’s one-year data center ban
Uptick in Office Demand Snaps Three-Month Losing Streak
Despite the slight increase in demand in September, the VTS Office Demand Index (VODI) analysis has generally been trending downward in recent months amid rising interest rates and a cooling labor market. Its reported uptick ended three consecutive months of losses and the report showed specific interest in smaller spaces. Nationally, demand for office space increased 4 … [Read more...] about Uptick in Office Demand Snaps Three-Month Losing Streak
Why NYC companies are betting on big office space
Jumbo city tenants are looking far into the future and not the pandemic past by exploring options and committing to new spaces. Inking deals at $200 per foot has become the old $100 per foot, while $300 per foot has been achieved at both One Vanderbilt and L+L Holding’s 425 Park Ave. which officially opens today. “New buildings are the clear winners and the … [Read more...] about Why NYC companies are betting on big office space
Inside Cisco’s Revamped and Interconnected New York City Office
A conference room in Cisco's New York City office. Courtesy/Cisco Imagine if every piece of technology in the office was feeding IT and facilities managers data on the use of the office, meeting spaces, desks, energy efficiency and other metrics. For organizations trying to maximize the use of their office and make it easy for hybrid workers to come into the … [Read more...] about Inside Cisco’s Revamped and Interconnected New York City Office
Servcorp NYC Virtual Office and Meeting Room Packages Continue to Thrive in Post-Pandemic Environment, Business News
Servcorp offers businesses a cost-effective alternative to traditional office leases with pay-as-you-go meeting and conference rooms with a virtual business address in over 150 international locations. New York, NY, United States - January 20, 2023 — Servcorp is a leading provider of flexible office solutions for remote businesses worldwide. They are proud to … [Read more...] about Servcorp NYC Virtual Office and Meeting Room Packages Continue to Thrive in Post-Pandemic Environment, Business News
NYC Meeting Room Rental Packages with Concierge Services at 4 Prime Servcorp Manhattan Locations, Business News
Listed as one of the best places for off-site meetings, Servcorp has enhanced their meeting facilities and concierge services to guarantee completely professional and luxurious business meetings for remote businesses. These updates include a committed concierge, advanced audio-visual meeting equipment, and much more. New York, United States - December 22, 2022 … [Read more...] about NYC Meeting Room Rental Packages with Concierge Services at 4 Prime Servcorp Manhattan Locations, Business News
With 900M SF Of Office Leases Expiring By 2025, Owners Are Getting More Aggressive
Office owners have been dealing with more than two years of uncertainty around the future of their properties, but the demand for their space is about to get an even tougher test. Roughly 11% of the leased office space in the U.S. is set to expire this year, according to JLL, which equates to about 243M SF — a 40% jump from 2018. By 2025, 900M SF of office leases … [Read more...] about With 900M SF Of Office Leases Expiring By 2025, Owners Are Getting More Aggressive
Servcorp NYC Virtual Office and Meeting Room Packages Continue to Thrive in Post-Pandemic Environment
Servcorp offers businesses a cost-effective alternative to traditional office leases with pay-as-you-go meeting and conference rooms with a virtual business address in over 150 international locations. New York, NY, United States – January 20, 2023 — Servcorp is a leading provider of flexible office solutions for remote businesses worldwide. They are proud to highlight … [Read more...] about Servcorp NYC Virtual Office and Meeting Room Packages Continue to Thrive in Post-Pandemic Environment
Bidding open for up to three $500M NYC casino licenses
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/tronc/PTIAHP55ABBI7A3BBWE53S65AY.jpg "Bidding open for up to three 0M NYC casino licenses")
Place your bets. The bidding process for three Vegas-style downstate casino licenses is moving forward after state officials voted late Tuesday to formally solicit applications with an asking price of at least $500 million each. The state Gaming Facility Location Board approved rules and released a request for applications as a number of major players eye opening … [Read more...] about Bidding open for up to three $500M NYC casino licenses
‘A part of history’: NYC’s first legal weed store is open for business
A tin of watermelon gummies and an eighth of weed labeled “Banana Runtz” were the first products sold in New York’s first legal recreational marijuana market, which got off the ground with a single dispensary on Thursday in the East Village. The honors went to Chris Alexander, executive director of the state’s Office of Cannabis Management, who shelled out $96 for … [Read more...] about ‘A part of history’: NYC’s first legal weed store is open for business