The Most Expensive Real-Estate In The US

For companies who sell luxury products, being in New York’s 5^th Avenue is a must. Not only New Yorkers will be able to see their products but thousands of tourists will too, as 5^th Avenue is recognized worldwide as the place to find any store of luxury products. But have you ever wondered whats the cost of being there is?

According to The Wall Street Journal, Richemont Group, owner of Cartier and Piaget, paid $375 million for 24,800 square feet of store space at the St. Regis hotel on Fifth Avenue at 55th Street, amounting to more than $15,000 a square foot.

And it’s not only luxury brands that are paying these exorbitant prices. Swedish Multinational  Hennes & Mauritz AB known as H&M recently rented a ground floor space for $3000 a square foot. Today’s economy has created buyers who want to buy a Cartier and combine them with a $20 t-shirt from H&M or similar stores.

Just to compare, retail space prices in Los Angeles famous Rodeo Drive are around $400 a square foot.

Although the economy is just re-starting to gain momentum, luxury brands and top sellers are already competing in what could probably be the most expensive street in the US.

The good news is you can have an office in 5^th Avenue without paying these prices. Call us today at (866) 354-5478 and we’ll make sure you find the best space for your company. 

LinkedIn Is Expanding Its NYC Office

Image by Jim Edwards - BusinessInsider

Linkedin, the biggest social network for professionasl, with over 187 million users worldwide spread over 200 countries and territories, has decided to expand its New York offices.

They had been occupying the entire 25^th floor of the empire state building but recently they announced a ten year lease extension and an expansion.

With this expansion, Linkedin will add 40,000 sqft to their current 32,000sqft and will be occupying the entire 23^rd floor as well as their previous space at the 25^th floor. The company will start using this new space by next year.

The office is an open space where 100 employees work. It includes many pictures of their staff as well as a scooter parking space, conference rooms with videos games and a foosball.

If you’d like to see more pictures of LinkedIn’s NYC offices, take a look at this article in BusinessInder.

If you are looking to rent an office at the empire state building, give us a call. We have some offices available in the building. You could be LinkedIn’s new neighbor!

Google Opens New Offices In Toronto

Andrew Swartz, the communications manager at Google Toronto shared Google’s new offices. An open space with plenty of natural light, each floor is decorated with one of Google’s colors and their 400 employees can use the mini-golf, the gym, their cafes, living rooms or their DJ lounges whenever they want to take a break or to talk to one of their colleagues. The space is designed to foster communication and innovation.

Here are a few of the things you’ll probably envy from Googlers:

·         Cheff: Yes, at their kitchens they have chefs who are preparing breakfast and lunch for the staff. No need to bring any lunch bags.

·         Music rooms: Staff can either bring their music or try playing the guitar or the drums in isolated rooms. Not bad to leave behind all the stress.

·         Games: spread throughout the offices there are arcade games, billiard, ping pong, darts and even Pac-Man.

The building is located Downtown Toronto, in Richmond street, and the five floors building which adds up 89,000 square feet, was designed based on the ideas of their whole team.

  

Unfortunately we can’t get you an office here, but we can help you find an office nearby. Visit OfficeList to find a complete list of offices in Toronto. 

Apple Is Taking More Office Space.

Image by Eric Faller

Have you ever wondered how much office space might Apple require for all their staff?

Well the answer is…17.3 million square feet of building space as of the third quarter. Yikes!

Recently the Silicon Valley Bizblog revealed that Apple’s real estate footprint grew 31% in only one year. But it appears they already outgrew their space and Apple has leased a 57,479 square feet building in Santa Clara and October 31^st they also signed an agreement to sublease 11,552 square feet in Cupertino.

Here is some additional information about Apple just in case you want to have a better idea of how those 17.3 million square feet are used.

• 80,000 employees worldwide
• 50,250 in the U.S., nearly two-thirds of worldwide headcount
• 5000 U.S. jobs created in 2012
• 21,000 U.S. jobs added since 2008
• 7000 construction jobs projected to build Apple’s new Cupertino campus
• 50 states with full-time Apple employees

In case you are doing business with Apple and need an office near their Santa Clara offices or their Cupertino offices, give us a call and we’ll find the best office suite for your team. Visit OfficeList for more information. 

Are We Becoming Less Humans?

Image Credits © John Lund/Blend Images/Corbis 

Each day companies try to optimize everything, be more efficient and save time and resources.

People have also shifted their behavior to try and go along with the optimization. Instead of making a call or talking to their colleagues which are just steps away, they usually send an email, a text or they just chat.

Because of costs, companies have reduced air traveling and replaced it with online conference calls or online meetings.

But if all those changes are indeed making us more efficient and better, how is that affecting us?

Although technology has made our life easier and things are done faster, we haven’t noticed we are losing the most important part of communication: Real human interaction. 

Not only because of body language, spontaneous reactions, maybe an authentic smile and even something as simple as shaking a hand.

We are not computers or machines. We need a joke, we need to smile, we need to listen to others, and we need to hear about other people life stories. We need to go back to our roots and change the hours we spend looking at a screen for hours we spend interacting with other people.

This article called The Upside of Inefficiency from the Harvard Business Review Blog shares an interesting story about human interaction. Sandy not only was the cause of devastation in New York, but also the opportunity for many of us to show our best parts as human beings. 

Today We Vote

Today we will go to the polls to elect a president. It doesn’t matter if you will choose one candidate or the other. What matters is we all participate actively as part of democracy.

Both candidates have interesting proposals and both have weaknesses. Whether you vote thinking about your future, about your family, about your business or about future taxes; it’s important to support the nation and let your voice be heard through a vote.

And it’s not only about the president, we are also voting for local, state and federal representatives.

And perhaps you are right, maybe your candidate is the best one, but others have the right to think the same about their candidate. Aren’t we free thinkers? Let others express their ideas and make your thoughts and ideas be heard peacefully and respectfully.

Today we enjoy this day because we know we are making history. 

OfficeList Helping Sandy Victims Find Temp Office

Hurricane Sandy hit the US East coast and the images are shocking. Many areas of New Jersey, New York and Maryland are still flooded, without electricity and victims are just starting to re-build their lives.

Our hearts are with all the victims. Visit the Red Cross website to make a donation to the Red Cross and help people affected by the hurricane.

Many companies have been affected by the superstorm and are looking for disaster recovery spaces or need to relocate temporarily.

OfficeList has set up a toll free number for those affected. You can call 877.888.9488 to get free assistance and get your team up and running by tomorrow.

We understand you need to have a plug-n-play space and we are ready to provide furnished offices with Internet and phones.

Due to the emergency, spaces may be reduced but we are doing the best we can to help as many companies as possible.

Our sincere condolences to those who lost someone. The best we can do for them is recover our cities and our lives as best we can and lend a hand to those in need.