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...
Not all landlords are created equally. It is important to understand your landlords financial strength. Tenant construction and improvements are necessary for some lease transactions, in addition to capital improvements (such as keyless entries) and increased...
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...
If you are a tenant in a weak financial position, you have more negotiating power compared to tenants with financial strength. A complete reversal of “normal” market mechanisms. Landlords do not want to lose tenants, as replacing them in this market is difficult. If...
Increased demands for suburban office buildings will impact pricing. Larger spaces means easier social distancing. These spaces are typically in shorter buildings than NYC’s skyscrapers, potentially leading to less elevator use. Driving means no (or less)...
