The episode begins by introducing CBRE's strategic move to Lever House and its implications for the market. It explores CBRE's lease agreement at Lever House, highlighting its potential impact on Manhattan's real estate scene. The discussion extends to CBRE's partnership with Industrious and the innovative operating model they are adopting. Trends in Manhattan's office leasing and corporate headquarters are examined, alongside the opportunities and challenges of office-to-residential conversions. The episode also provides a market outlook for Manhattan's office space in 2025. It concludes with closing remarks and an invitation to follow the podcast for more updates.
(0:00) Introduction to the episode and CBRE's move to Lever House
(0:17) CBRE's lease at Lever House and its impact on the market
(1:50) CBRE's partnership with Industrious and the new operating model
(2:33) Trends in Manhattan's office leasing and corporate headquarters
(3:09) Office-to-residential conversions: opportunities and challenges
(4:50) Market outlook for Manhattan's office space in 2025
(5:36) Closing remarks and call to follow the podcast