May 13, 2016

What’s Next in Commercial Real Estate? Top Execs from WeWork, CushWake, RKF and TerraCRG Weigh In

Mentions News

The Real Deal

Brooklyn’s commercial market may very well be a field of dreams: If you build it, they will come.

“What’s going to change Brooklyn in terms of the tenancy is going to be the product that they build,” Bruce Mosler, chairman of global brokerage at Cushman & Wakefield, said during a panel on New York City’s shifting commercial real estate scene at The Real Deal’s New York Real Estate Showcase and Forum Thursday.

“We haven’t yet seen that first blue-chip lease in Brooklyn … the Facebooks, the Googles,” he added.

Mosler joined WeWork’s Artie Minson, RKF’s Robert Futterman and TerraCRG’s Ofer Cohen on a panel moderated by The Real Deal’s Hiten Samtani. The dealmakers discussed some of the big changes taking place on the commercial front, including co-working, co-living, the unique demands of TAMI tenants and an end in sight to rising retail rents.

Read more here.