Avoid Management by Lease In an ideal world, commercial tenants would work with both internal and external stakeholders to determine how much space they need before looking at properties. Management would go through a strategic planning process to figure out where the...
Landlords Increasingly Looking to Shift Insurance Obligations to Tenants Landlords have recently become more aggressive in trying to shift some of the costs of insurance that they traditionally carried onto their tenants. In a large commercial building, the cost of...
A Bronx Tale: Millions of Untapped Consumers Recently, I’ve started working with a national company based in the midwest. Their New York office is located in Westchester County, but they have become eager to relocate closer to the city. One of the places they are...
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...
How to Leverage Your Real Estate Broker One important reason to hire an exclusive real estate professional “Why hire an exclusive real estate broker to represent you when finding space?” is a question that I find fairly often. Some benefits, like managing...
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...
