What is your landlord doing to satisfy the demand for more cleaning? Using more sanitizer and upgrading your air conditioner is likely necessary. These costs may be passed onto the tenant depending on your commercial lease. Typically larger tenants will take on the...
What is the new norm when returning to work? Different spaces are handling things differently, with some creative solutions to reduce the possible transmission of Covid19. The Related Companies of Hudson Yards has introduced infrared cameras in the lobbies of large...
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...
What’s in Store for 2016? Many financial advisors tell their clients that past performance does not guarantee future results. While they make a good point, they ignore the reason there are so many predictions and forecasts out there: It’s fun. That is why I was glad...
How Does the Stock Market Affect Rent Prices in New York? The stock market is a leading economic indicator. It affects the psychology of companies. When the market is up, there is a tendency toward growth and expansive thinking, but when it’s down, people are less...
