The KNOG
How is the Future of Retail in NYC Effecting Your Lease?
Major retail players are being hit especially hard in NYC. With office workers shunning the city en masse and tourism all but nonexistent, what does this mean for New York? Major retailers with flagship stores in New York are feeling the revenue loss as a result of...
Tenants Now Have the Upper Hand
The NYC market has seen a peak in activity this past month but that certainly is not an indicator just yet for what is to come. 71 % of this activity came as a result of renewals, including short term extensions. This is diametrically opposed to last year, where 71%...
Will we be working from home from now on?
If more of us will be working from home, how is this going to effect the office market? The quick answer: not well.
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 control of the leasing or acquisition process....
How to Win Lease Negotiations
Landlords and Tenants have opposing goals which can make signing a lease stressful. The key to understanding these negotiations is assessing how risk is shared. At G.E. Grace & Company, we leverage our knowledge and expertise to create flexibility and competitive...
Is the Landlord or Tenant Responsible for Covid19 Cleaning Costs?
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...
How is Cleanliness Effecting Your Employees?
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 disinfect?...
What does the future hold?
If past is precedent, the future is more of the same: the market crash of ’87, the dot com bubble, 9-11, the 2007-8 Mortgage Crisis, Hurricane Sandy, Corona virus and a few wars, insurrections, assassinations, revolutions, etc.
7 Ways to Save BIG On Your Next Office Buildout by Rick Malan
#1 – Project Management If you don’t have someone watching your back during your build-out project, you’ll have to watch your own back, and it is not going to be fun. Do yourself a huge favor and hire a project manager ("PM"). If you don’t want to shell out a bunch of...
Find the Best Office Space for Your Business: 6 Factors to Consider by James Osgood
Sep 13, 2018 6:45:00 AM / by James Osgood A great office space can wow visitors, increases employee productivity, and promotes your business’ image. Choose the wrong space and you may find yourself with lackluster sales, low employee morale, and a floundering...
What Technological Solutions for Covid19 is Your Property Implementing?
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 is Losing its Hold on White Collar Workers
The balance of power has definitely changed. White collar workers are proving they can work remotely for the last 5 months. What does this mean for your office space negotiation? More space available means more power for tenants when negotiating with their commercial...
How long does the process of moving space take?
It takes time to move space and as a tenant, time can be your biggest asset or your biggest liability... so make sure you have enough of it! Find out more by watching our latest YouTube video: https://youtu.be/hTe310x8ynA
The services a landlord provides
Oct 4, 2018 6:45:00 AM / by admin There are many services a landlord should provide to maintain your office space and real estate brokers know how to negotiate those services to spare you unnecessary expenses. Check our latest...
Choosing the Right Location for your Office Space
Sep 6, 2018 6:45:00 AM / by admin There are many factors to take into consideration when relocating your office space. Looking at many options is the key to potentially saving millions of dollars. Check our latest video on choosing the right location:...