The Office Building of the Future

The video discusses the impact of inflation on real estate, highlighting how it can be beneficial for stabilized assets but poses challenges for new developments due to rising costs and limited financing. It explores the bifurcation in the office market, with new buildings offering modern amenities attracting tenants, while older buildings face vacancies. The discussion includes the success of Hudson Yards and the challenges of 'zombie' office buildings in New York City, emphasizing potential opportunities for conversion despite difficulties.

What are the differences in demand between new buildings and older buildings?

How has the vacancy rate in B buildings changed, and what implications does this have?

What potential opportunities exist for converting older office buildings?