May 15th, 2017
Each week, I select a few articles that rise above the fray and hopefully help you on your journey in the CRE world. They pull from one of four "corners:" corporate real estate, technology, management science and anything positive. I welcome your comments on these articles and the submissions of others (with credit to you if I post them). I wish you a terrific week!
Sam Zell Looks Back"Over his long career, he says, “the thing I’m most proud of is nobody has ever left a meeting with me and said, ‘What do you think he meant?’ A lot of times you don’t agree, and a lot of times…you could be irate, but you’re not going to come back and say, ‘What did you say?’” www.wsj.com
[tweet_box design="box_09" float="none"]#Samzell - nobody has ever left a meeting with me and said, ‘What do you think he meant? #cre[/tweet_box]
Take Something Off: How To Get The Life And Career You Really Want"First of all, don't be so stuck in anything. What if Jacki has a heart attack or is diagnosed with cancer or if something happens in her life that is a wakeup call? She would give up her work, take care of herself and do what she loves because suddenly life becomes precious. We live as if we’re going to live forever." www.forbes.com
[tweet_box design="box_09" float="none"]We live as if we’re going to live forever[/tweet_box]
Amazon to Share New Building With Homeless Shelter in SeattleTalk About Mixed Use"In an unusual arrangement, the company has agreed to give (a homeless) shelter, Mary’s Place, a permanent home inside one of the new office buildings for which it will break ground in the fall.
Amazon will give roughly half of the six-story building to the shelter, providing it with 47,000 square feet of space with private rooms that can hold 65 families, or about 220 people and their pets. The facility, expected to open in early 2020, will have its own entrance and elevators.” www.NYTimes.com
Your Boss Wants To See You. Again."Welcome to the era of the never-ending performance review. As companies such as Adobe Systems Inc. and General Electric Co. revamp and rethink the detested annual review, they have put in place new evaluations designed to give employees more-frequent feedback. Companies say they are staying current with young workers accustomed to instant gratification in form of Facebook likes and Yelp ratings. Managers and employees say it is tough learning to give - and receive - constant critiques and praise.
“You really have to put your ego aside,” said Deloitte LLP consultant Cashel Discepola, who transitioned last year from twice-annual feedback to talking about performance with her manager every other week." www.wsj.com
The Next Hot Housing Market: Starter Homes“They’re crawling out of their parents’ basements, they’re forming households and they’re looking to buy,” said Doug Bauer, chief executive of home builder Tri Pointe Group Inc., which operates in eight states.
In a shift, new households are overwhelmingly choosing to buy rather than rent. Some 854,000 new-owner households were formed during the first three months of the year, more than double the 365,000 new-renter households formed during the period, according to Census Bureau data. It was the first time in a decade there were more new buyers than renters, according to an analysis by home-tracker Trulia. www.wsj.comYour success blesses others. I wish you a great a hugely impactful week!Ken