Prior to embarking on a lease negotiation it is imperative to understand your landlords financial situation. The better you understand your landlords position, the better you can negotiate. Let an experienced broker guide you through these lease...
The last 10 years have been a landlord’s market. This is all changing as collections are increasing and landlords are seeing negative cash flows. As of April, the general consensus was 70% of tenants were paying rent. May and June saw even lower rates of...
Amazon is one of the pioneers in bringing employees back to NYC after acquiring Manhattan’s iconic Lord & Taylor building. 2,000 employees are set to be working from the site – officially in 2023 when they begin moving into the space. Creating 2,000...
It is crucial to know what to focus on revolving around cleaning. HVAC systems are important. One of the biggest complaints for tenants is bad air conditioning. Air conditioning can be critical to slow down the spread of viruses. Are your systems being filtered in...
Is Your Broker Looking Out for You or Your Landlord? It is a little-known fact among tenants in the commercial real estate market that large, multi-service brokers consistently exhibit a bias that benefits landlords. The business plans of almost all multi-service real...