May 2021 Industry Update

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May 2021

Real Estate and Development

How Do We Build Our Homes and Cities for a Sustainable Future? - The Covid-19 pandemic has driven changes in how people live and work. On June 24, join The Times and experts as we discuss how this shift can present new opportunities. - New York Times

How Cities Are Coming Back Stronger Post-COVID - "Like a limpet on the whale of civic America, the idea of an urban exodus hung on throughout the coronavirus pandemic. Cities were done. Cities had peaked. Cities were in, perhaps, terminal decline. The treatment was mass conversions of space and diminished expectations of what U.S. cities — particularly New York — might offer newcomers and business. So much for all that." - Commercial Observer

A spring market on ‘steroids’: Lower NYC rents fueled record demand in April - "The heavy rental activity is not stabilizing falling rents, it is happening because of falling rents, Miller says. “It shows how much vacancy there is,” he points out. Landlords have so much inventory on their hands that renters can expect that “this will be the narrative for much of 2020,” he says. That’s good news for renters." - Brick Underground

OSHA changes course on vaccine recording requirements - In a 180-degree shift in policy, OSHA said on Friday that employers do not need to record adverse reactions from COVID-19 vaccines on their OSHA 300 logs. - Construction Dive

Architecture and Design

Architectural gardens around the world to soothe the soul - A new public park has opened on the Hudson River. The new green space, which encompasses three new performance venues for New York, is designed by London based Heatherwick Studio, who was invited to the project by philanthropist Barry Diller and the Hudson River Park Trust. - Wallpaper

3 Interiors Experts Share The Designs That Will Define 2021 - Without a doubt, 2020 was the year of the home office. Three interiors experts weigh in on the design stories that will define 2021. - Luxe

Keywords: architecture, construction, design, estate, interior, real

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May 2021 Industry Update

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