646-312-6800 grace@gegrace.com

Rentable Space or Usable Space?

Rentable Space or Usable Space? As many tenants know, rents have been rising. The stock market peaked in May (and is threatening a new high again), and according to regular cyclical patterns, it is set to continue rising for another year or two. Continued increases in...

How Does the Stock Market Affect Rent Prices in New York?

How Does the Stock Market Affect Rent Prices in New York? The stock market is a leading economic indicator. It affects the psychology of companies. When the market is up, there is a tendency toward growth and expansive thinking, but when it’s down, people are less...

The Impact of Gas and Oil Industries on Real Estate Markets

The Impact of Gas and Oil Industries on Real Estate Markets Denver, Houston, and Edmonton are just 3 of many cities that are heavily dependent on oil and gas. A prolonged slowdown in these markets, as we are seeing now, creates a tremendous ripple effect, impacting...

Due Diligence – Know What You’re Getting Into

Due Diligence – Know What You’re Getting Into The Latin phrase caveat emptor, or “buyer beware,” is especially true when making real estate purchases. Many businesses assume that the infrastructure of a property they buy functions. For example: Does the air...

When Does a Lease End?

When Does a Lease End? The best time to leave a property is upon expiration of the lease term, but there is always room for negotiation. Several months ago, a client (the tenant) had a lease that was close to expiration. The tenant was about to sign a lease for a...