“Every investor and landlord has to be looking at their properties and saying, ‘What can I do to tip the scales in my favor?’ ” “It is a brutally competitive environment with over 90 million square feet for rent,” said Michael Cohen, president of Williams Equities of Manhattan’s available space. Taking it a step further, office workers at any of Tishman Speyer’s 41 buildings around the world will now have reciprocal access to its clubhouses, amenities, co-working space Studio and experiences in New York, Seattle, Chicago, DC, Boston, Los Angeles and San Francisco, as well as eight international locations including Brazil, France and England. Thanks to amenity sharing, if built, you won’t have to rent at Vornado’s planned Penn 15 to use its glittering, new facilities. These apps have become the electronic passports to many of the city’s towers, from opening front doors to booking conference space, partaking in a beekeeping class or food delivery - with most adding discounts for both their tenant retailers and other local businesses. Tishman Speyer is also among those that have layered on apps - theirs is called “ZO” - that allow workers to access amenities from yoga classes to meeting spaces. The concept was started by Tishman Speyer at Rockefeller Center, which has a suite of amenities that are accessible to all tenants located throughout the complex, according to Bill Montana, senior managing director of Savills. “If you are their tenant, you are now offered access to the rest of the portfolio - and it will be the norm.” “One of the biggest shifts we’ve seen is from space-level marketing to campus-level marketing,” said Nick Romito, Founder and CEO of VTS, a commercial listing service that provides data and office management technology. Some are now allowing employees to utilize individual building amenities across their company’s entire global office portfolio. Instead, New York City office investors are doubling down and offering even more ways to play in hopes of putting butts back into Aeron chairs. Work from home was supposed to be a death sentence for the sprawling, amenity-soaked office complexes. New Jersey’s third Topgolf location is teeing off in this townīartering-famous Unregular Pizza to debut third NYC location Nevada brothel offers discount to residents of the ‘most sexually repressed’ state in the nation © 2023 NYP Holdings, Inc.Inside the forgotten third World Trade building occupied by CIA that burned down on 9/11 Porat did not specify which offices could close as a result of the effort, which she described as a bid to “optimize” Google’s “real estate footprint.” Bloomberg via Getty Imagesĭuring an earnings call this month, Alphabet CFO Ruth Porat said the company “expected to incur approximately $500 million of costs related to exiting leases to align our office space with our adjusted global headcount.” Google employees in its Cloud division will share desks. Google will reportedly refer to teams within its Google Cloud division as “neighborhoods,” which will set standards for the desk-sharing plan, such as how workers can decorate their work stations. Impacted workers will be required to work on site two days week, rather than the three-day requirement implemented as part of Google’s return-to-office plan. Employees who decide to come into the office on an unscheduled day will be placed in an “overflow drop-in space.” The document said Google will vacate some office space as part of the initiative. Google CEO Sundar Pichai said the cuts would allow the company to focus on its priorities. “Through the matching process, they will agree on a basic desk setup and establish norms with their desk partner and teams to ensure a positive experience in the new shared environment,” the memo added. “Most Googlers will now share a desk with one other Googler,” the memo said. will allow the company to “continue to invest in Cloud’s growth,” the memo said. The mandate - which takes effect next quarter at offices in New York City, Seattle, San Francisco, Sunnyvale, Calif., and Kirkland, Wash. The employees in Google’s unprofitable Cloud division will also be asked to come to the office on different days so they won’t overlap with their deskmates, according to an internal memo obtained by CNBC. Scores of Google workers will reportedly be forced to share desks as the embattled tech giant cuts down on office space as part of a budget-tightening push. Google loses antitrust guru over sex-harass allegations as landmark monopoly case looms Who is the president? Alarming number of Americans don’t know: study Meet the Obama-appointed judge presiding over Google’s long-awaited antitrust trial ![]() Google antitrust trial begins: DOJ claims tech giant pays over $10B per year to keep search monopoly
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