February 2021 Industry Update

Real Estate and Infrastructure

Are Broker Commissions Too High? Online home buyers do much of the work involved in acquiring a house. So why are brokers’ fees still calculated under the old system? - New York Times

Selling in NYC? Here's how to stage your outdoor space even if it's winter - The pandemic has made outdoor space a priority for buyers so if you're selling and you have a balcony or private access to the roof, you want to maximize its appeal, even in winter. - Brick Underground

Skyrocketing steel, lumber costs threaten to slow construction jobs - Late last year, Mike Taylor was paying around $750 per short ton for the rebar he uses in his concrete pours. Now, that price has spiked closer to $900, a 20% increase in a little over a month. - Construction Dive
 
Interior Design and Architecture

The High-Tech Upgrades of the Pandemic Office Are Mostly for Show- When New Yorkers return to the office, possibly as soon as this summer, nothing will be the same. In an attempt to get tenants back to their desks sooner, everything is being reimagined — from redesigning open-floor offices for flexible (and spaced-out) layouts to filling offices with air-purifying plants. -  Curbed

How to Become the Leader You’ve Always Wanted to Be in 2021- Incorporate these six tips into your management strategy to keep your team motivated, inspired, and focused - Architectural Digest Pro

Creative Voices: Honoring Black History Month - In honor of Black History Month, the Interior Design team is spotlighting the narratives, works, and craft traditions of Black architects, designers, and creatives. See our full coverage here, including interviews with industry innovators. - Interior Design
 
Hospitality

Is the Hospitality Industry Finally Putting COVID in the Rear-View Mirror? - I know that everyone is tired of hearing about COVID-19 and its impact on the hotel and travel industry. I could not agree more. I am exhausted when it comes to the daily barrage of pandemic stories on the news, online, via social, etc. So, let us look to the future! - Hospitality Net

Industry Mourns Passing of Marriott President and CEO Arne Sorenson - On Tuesday, following Marriott International’s announcement of the passing of Arne Sorenson, president and CEO, on February 15, 2021, leaders from across the industry released statements mourning the loss and recognizing Sorenson’s impact on the industry. - Lodging Magazine

 

 


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