Office Leasing: Loss Factor
Different commercial space for rent has different loss factors, depending on various characteristics of the office space you are considering. Have you ever walked into an office when looking for commercial space and said this doesn’t feel like x (insert number) of square feet!? You think about an apartment or a house, and you think […]
Office Leasing: What Is a Remaining Lease Obligation?
Every company should do a Remaining Lease Obligation to best understand their real estate exposure. This is a key step in the office leasing process. You’d be surprised to learn that you are paying more for your office space than you think! And there’s a simple way to find out what you are paying. It’s […]
Manhattan Office Space: Consider Refreshing Your Offices whether Renewing or Subleasing with Rich Colucci
The two biggest trends for tenants with Manhattan Office Space are subleasing and renewals. In either case, refreshing your space can offer multiple benefits. Rich Colucci shares tips & tricks on how to get the landlord to pay for the refresh and also offers insight as to how refreshing space can help your sublease stick […]
Manhattan Office Space: Discussing Tenant Rights and How To Manage Your Lease Obligations with Larry Hutcher
Tenants with Manhattan Office Space are trying to understand their lease rights and obligations given the challenges presented with COVID. Larry Hutcher, Managing Partner of Davidoff, Hutcher & Citron sat down to with us to discuss what options are available to tenants who may be struggling. My guest Larry Hutcher is a professional problem solver, […]
Midtown Office Space: How To Think About Furniture Going Forward with Mark Benhar
I spend a lot of time talking about office space and what to focus on when looking for a new lease and considering all the various commercial real estate listings. But it’s important to never lose sight of all that good stuff that gets put into the office after you sign on the dotted line.
Law Firm Finds Flexibility at 250 Park Avenue
Challenge Established Midtown based law firm found themselves in the market for the first time in 20 years. The law firm they had shared space with was in growth mode and was taking back the space that they had sublet. With some of the partners near retirement there was little appetite for a long term […]
How to Sublease Your Office
You know you don’t want or need your office space anymore but you don’t know what to do with it. In this blog, we will help explain what a sublease is, clarify what a sublease isn’t and then look at the 9 steps you need to take to successfully sublease your space. I’ve seen so […]
Navigating Uncharted Waters
Visibility is low for many businesses. Stress is high while trying to keep your operations afloat. Your eyes are likely focused on the fixed costs and how to reduce them. At the top of that list is your commercial real estate expense AKA office rent. In an effort to help answer some of the questions […]
March 2020 Market Report
In the weeks leading up to the virtual shutdown of New York City, there was a lot of activity in the New York City office leasing market. Here’s a recap… The Numbers: 300%That’s the increase in fashion tenants downtown over the last 10 years. We’re talking companies like L Brans, Nike, and J. Crew all […]
6 Questions Your CRE Agent MUST Ask
Time is our most precious asset so in an effort to help you avoid wasting any of it when thinking about your company’s real estate decisions, I’m going to discuss the 6 questions your advisor must ask you when you meet for the first time. Prefer video? Check out the video for this blog post: […]