NEWSDAY Sunday Aug 11, 2024
David Pennetta SIOR, CIBS, LEED GA
$100 million in transactions 2023. Executive Managing Director @ Cushman & Wakefield | Unlocking opportunities, maximizing returns, helping clients and customers as a trusted corporate real estate partner.
On Long Island, companies have attempted to attract workers to the office through development plans such as the Melville Town Center and at the Station Yards development in Ronkonkoma, said David Pennetta, executive managing director of the Melville-based commercial brokerage firm Cushman & Wakefield.
He said employees are looking for walkability to work and access to food. Employees also asked for pet day care as a top priority after working at home during the pandemic, according to a study by his company.
"People want to live somewhere that's fun. There's been a reset since COVID. It's about convenience, entertainment and quality of life;' Pennetta said. "I think the work-from-home lifestyle we know now will not continue as it is. Companies may go to Fridays off in the summer, but normally to interact, you have to be in someone's office. I think we're going to see things swing back:'
Hamptons Commercial Real Estate & Business Offerings
3 个月Riverhead can serve a similar purpose as Melville; revitalized commercial corridors and Downtowns offering a broader range of commercial uses thanks to optimized land use efforts to achieve a balance of new housing / business offerings needed for a vibrant economy, preserving natural assets / way of life, and streamlining access to nearby amenities to achieve the quality of life people are seeking. There is a path forward!