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July 13, 2020

Barbershop And Cocktail Bar Concept Inks First D.C. Lease, Plans 10 Locations In Region

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A new barbershop concept is entering the D.C. market with ambitious expansion plans at a time when many retailers are struggling to stay open.

Barbershop And Cocktail Bar Concept Inks First D.C. Lease, Plans 10 Locations In Region

Scissors & Scotch, a men's barbershop mixed with a cocktail bar and lounge, signed a lease at 1 M St. SE in Capitol Riverfront, Bisnow has learned. The retailer hopes to open by the end of the year in the 2,381 SF space in the building, the newly…

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Mack-Cali Lands $162M Refinancing Deal For Crystal City Apartments

Mack-Cali Lands $162M Refinancing Deal For Crystal City Apartments

The owner of a large apartment complex near Amazon HQ2 has just inked a big refinancing deal as it plans to add hundreds of new units to the property.Roseland Residential Trust, a subsidiary of Mack-Cali,…

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Perseus Signs Corporate Housing Provider At Major NoMa Development

Perseus Signs Corporate Housing Provider At Major NoMa Development

The developer of a 500-unit mixed-use project in NoMa has leased a chunk of the building to a corporate housing provider after breaking ground late last year.Perseus TDC signed a 10-year lease with Churchill Living to manage 104 of the units at the project previously known as

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CRE Asks: What Happens To The Bottom Line When Unemployment Benefits Run Out?

As federal and state support for the pandemic-stricken economy wobbles, a mass of multifamily evictions looms, and much of the impact would be felt by demographics already under extreme economic stress, like communities of color.

"We could be headed toward an epic storm: the end of federal benefits along with policymakers having a false sense of optimism from the latest official unemployment rate, which was a movement in the right direction," University of New Haven Executive Director, Entrepreneurship and Innovation Program Brian Marks said.

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Empire Outlets Developer Joseph Ferrara On Retail Leasing, Making Shoppers Feel Safe

Empire Outlets Developer Joseph Ferrara On Retail Leasing, Making Shoppers Feel Safe  

In this series, Make Yourself At Home, we are hearing from members of the commercial real estate industry about how they are managing this new reality and gaining insight into their day-to-day approaches. You can subscribe on iTunes and Spotify

On this week's episode, we hear from Joseph Ferrara, a principal at BFC Partners. His firm is the developer behind Empire Outlets, a new outlet mall on the Staten Island waterfront. The center spans more than 350K SF and has 4 acres of outdoor space. Across the state, malls can only reopen…

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How A Name On A Résumé Can Trigger Unconscious Bias

 

In 2017, two London job candidates responded to 100 available postings in the competitive sector of ad sales: Mohamed Allam and Adam Henton. Henton received 12 interviews; Allam received four. Via job sites, Henton heard from four recruiters. Allam heard from two. The catch: Allam and Henton were fictional, and the résumés that bore their names were identical. 

Over the course of a two-and-a-half-month experiment in unconscious hiring bias by BBC Inside Out, the résumé with the name "Adam" at the top received three times the number of interview offers than the one that had "Mohammed."

Unconscious bias affects every step of the hiring process. This experiment was one indication of how something as fundamental as a candidate's name could cause hiring teams to skip over them.

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My New Normal: AECOM Senior Urban Planner Tatum Lau

This series aims to capture a moment in time, talking to men and women in commercial real estate about how their lives and businesses are being transformed by the coronavirus pandemic.

AECOM Senior Urban Planner Tatum Lau has quickly risen through the ranks of urban planning, earning spots at the helm of major cutting-edge projects across Texas within the first decade of her career. 

She recently served as lead consultant for the city of Dallas 100 Resilient Cities Plan and the futuristic Texas Hyperloop Plan, an initiative that aims to connect all major Texas cities in the future.  

Her passion for work, ecological transformation, humor and creativity may be stuck at home, but they are certainly not lost.

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