646-312-6800 grace@gegrace.com

Not All Landlords Are Created Equally

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 Future of Medical Space

Your next doctor visit may look much different than it has been pre-pandemic. Waiting in cars until your time to see the physician, online check ins, temperature checks before entering, and one way traffic are hallmarks of this medical office revolution. This will...

The Post Covid Leasing Market

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...

The Move to Suburban Space

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)...

The Power Shift in the Market

70-90% of tenants are still paying their rent. As a result landlords are having negative cash flows. It is now a tenant favoring market. Landlords and banks will be impaired as this continues. Rents will likely go down as demands go down. Vacancies are likely to...