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...
There’s no sign Corona virus is going away anytime soon, as cities across the US continue to experience outbreaks. It’s never been more important to evaluate your commercial office space. Are your employees safe? What measures are being done to sanitize or...
Why an Exclusive Broker Is the Right Choice During the course of a conversation with a tenant, they asked why anyone would want to use an exclusive broker to represent them in finding and negotiating a lease. Of course, any tenant in the market for a space has full...
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...
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...