A Tale of Two Landlords In the real estate business, it’s no secret in Manhattan that when you get out into the boroughs or suburbs, the quality of the landlords changes quite dramatically. It’s not true of all landlords, but there is a definite mindset that begins to...
Keeping an Open Mind in the Rental Market It’s a presidential election year, and while that often has implications for markets, it is also a useful insight into people’s thinking. Politics engenders passion, so what we often see are people entrenched in their...
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...
Negotiating the “Total Cost” of Your Rental Agreement “Total cost” encompasses more than the rent. When negotiating a commercial lease the “total cost,” including each of these factors, must be considered: Loss factor: The difference between the rentable...
5 Important Factors in Finding a New Headquarters When a new client meets with a tenant representative broker, one of the most important pieces of the consultation is utilizing the client’s goals and aspirations as a “road map” to the right building. That map may...
