Author Archives: Ruth Colp-Haber

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About Ruth Colp-Haber

Ruth Colp-Haber is the President of Wharton Property Advisors in New York, NY.
EMAIL: ruth@whartonproperties.net
BIO: About Ruth Colp-Haber
PHONE: (212) 759-0408

What is NYC’s Next Hip Neighborhood—Hudson Yards?
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Authored by , re: Commercial Real Estate, on .
What is NYC’s Next Hip Neighborhood—Hudson Yards? | Ruth Wharton

Hudson Yards is the largest private real estate development in the history of the United States, and the biggest development in New York City since Rockefeller Center. When completed in 2025, Hudson Yards will have several NYC firsts, including: New York’s first Neiman Marcus, a collection of restaurants curated by Chef Thomas Keller, and The Shed, a new center for artistic invention. In addition, there will be 14 acres of public open space, a 750-seat public school, and an Equinox® branded luxury hotel with more than 200 rooms. The development of Hudson Yards will create more than 23,000 construction jobs.

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Global Office Space Bargains: How Does NYC Compare?
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Authored by , re: Commercial Real Estate, on .
Global Office Space Bargains: How Does NYC Compare? | Ruth Colp-Haber

Most of we New Yorkers assume that our city is probably the most expensive place in the world. However, with respect to office space, this is not the case. New York is actually the fourth most expensive city in the world. On a worldwide basis, ahead of New York, are Hong Kong, London, and Beijing. Not surprisingly, New York retains the title of “Most Expensive City in the United States.” There are many factors that affect the comparative rate for office rents worldwide. For example, each city has costs on top of the base rent.

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Which NYC Neighborhood Offers the Best Deals on Office Space?
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Authored by , re: Commercial Real Estate, on .
Which NYC Neighborhood Offers the Best Deals on Office Space? | Ruth Colp-Haber

When I first started in the commercial real estate business, there was a very simple maxim: ask the CEO where he or she lived, and find a property that offered a convenient commute. However, my experience in the business has shown it’s rarely that simple. When companies look for space, they have a lot of conflicting criteria that they use in order to evaluate different NYC locations. For example:

  • How is the subway access?
  • Are there good restaurants and stores nearby?
  • Is the vicinity very crowded?
  • Can you get a taxi conveniently?
  • Is there parking available?

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