Mon, 06/04/2012 - 07:06 — Administrator
When you’ve got lots of business, sometimes it’s hard to squeeze it all in between 9:00 am and 5:00 pm. And let’s not discount the impeding power of the pesky emergency. Clients make last-minute demands. Assistants get sick. Packages get delayed. Stuff happens. And when it does, the last thing you need is the added worry of being locked out of your commercial office space.
Wed, 05/30/2012 - 16:52 — Administrator
Commercial leases in New York City are complicated legal documents. They can range anywhere from 15 to over 100 pages in length, depending on the particular landlord. Therefore, it is in the tenant’s best interest to hire an attorney to review their lease and to negotiate modifications on their behalf with the landlord’s attorney.
Thu, 05/17/2012 - 23:37 — Administrator
Often the existing layout of an office, loft, showroom or medical space needs to be modified in order to suit a potential tenant. “Building out” a space allows it to be customized to best meet a firms’ needs, and often involves building sheetrock walls, modifying electrical distribution, adding floor treatment, installing HVAC, lighting fixtures and painting. When tenants are evaluating a space one of their first questions for their real estate broker should be whether the landlord is willing to modify a space on their behalf.
Sat, 05/12/2012 - 10:38 — Administrator
Got the rent covered? Excellent. Be sure now to factor in the additional expenses for which you may be responsible. Above and beyond the base rent, New York City commercial tenants are
Fri, 05/04/2012 - 07:32 — Administrator
If business is booming, the first thing you should do is pat yourself on the back. You deserve at least that much if you’ve made a big enough splash in New York to necessitate expansion. More demand for your goods or services requires hiring more employees to keep the business running smoothly. Of course, more employees means additional square footage, and unless you figure out how to use the ceiling, that means relocation to a bigger space. So what happens when your business outgrows your current space but the lease term stretches endlessly before you?
Fri, 05/04/2012 - 07:28 — Administrator
Virtually every business in Manhattan and everyone who wants to start a business here will venture into the commercial real estate market at some point seeking office, loft, retail or showroom space to rent. It is not a journey to take alone, however, because the New York City market has the most savvy landlords, property managers and leasing agents in the world.