What is the new norm when returning to work? Different spaces are handling things differently, with some creative solutions to reduce the possible transmission of Covid19. The Related Companies of Hudson Yards has introduced infrared cameras in the lobbies of large...
The balance of power has definitely changed. White collar workers are proving they can work remotely for the last 5 months. What does this mean for your office space negotiation? More space available means more power for tenants when negotiating with their commercial...
Manhattan vs. Westchester: A Case Study of One Non-Profit’s Dilemma Recently I was contacted by a non-profit organization whose lease will be expiring soon. The current space: Signed at the nadir of the Great Recession in 2009, the current price paid by the tenant...
Authority vs. Responsibility Throughout my career, I have seen many situations in which doing business is made difficult by a dysfunctional power structure, but there are two that are particularly vexing: 1. A person has all of the authority, but none of the...
New York City’s Sprinkler Law: A Crash Course in Capital Improvements If a new building department regulation goes into effect subsequent to the signing of a lease, either the tenant or the landlord has to comply with that regulation. In most cases, the landlord...
