How to Negotiate Office Space Leases in New York City

How to Negotiate Office Space Leases in New York City

Let’s say you’re a business owner in the heart of New York City. Your business is growing, you’re ready to expand or relocate your office space, and the time has come to negotiate a lease. The task may seem overwhelming, […]Read more

How PropTech Is Transforming the Commercial Real Estate Industry

How PropTech Is Transforming the Commercial Real Estate Industry

The commercial real estate industry underwent a paradigm shift long before the COVID-19 pandemic. PropTech was

already becoming more integrated into the commercial real estate industry. However, COVID only increased its importance for commercial landlords and tenants.  

Nowadays, in 2023, […]Read more

Will ChatGPT and A.I. Shake Up Commercial Real Estate?

Will ChatGPT and A.I. Shake Up Commercial Real Estate?

Commercial real estate markets experience boom and bust cycles and confront an always-changing world. Businesses always prioritize cutting costs and increasing profits; innovation trends and cutting-edge technologies drive these objectives. Recently, there has been considerable press coverage around ChatGPT, the […]Read more

Is This the End of WeWork?

Is This the End of WeWork?

As 2022 comes to a close, falling from grace continues to be a consistent theme in the business world.

Perhaps it makes sense, considering we’re on the brink of a recession. But some of the scopes and scales of the […]Read more

NYC’s Luxury Retailers Don’t Care About a Recession  

NYC’s Luxury Retailers Don’t Care About a Recession  

As in-person work returns to neighborhoods like Midtown, the Plaza District, Flatiron, Meatpacking District, and Soho, an exciting trend emerges in New York City commercial real estate. The red hot luxury retail sector. 

Retailers like Givenchy, Hermès, and Gucci have […]Read more

Who Pays for Office Cleaning Services, You or The Landlord?

Who Pays for Office Cleaning Services, You or The Landlord?

 

There are many hidden charges that tenants have to worry about when leasing office space in New York City.These can range from trash removal, HVAC-related charges, a business improvement district tax, and more. 

Yet one of the most overlooked […]Read more

Can Upscale Amenities Bring Manhattan Workers Back To The Office?

Can Upscale Amenities Bring Manhattan Workers Back To The Office?

Upscale amenities are becoming the norm in high-end New York City office space. Whether it’s Legos, slides, fitness centers, or rooftop gardens, many properties look more like college campuses than office buildings nowadays.   

Why? Commercial landlords have had to rethink […]Read more

A Recession’s Impact on NYC Commercial Real Estate

A Recession’s Impact on NYC Commercial Real Estate

No matter how anyone tries to spin it, we are already in a recession. The U.S. GDP shrunk in Q2 by -0.9%, marking the second consecutive quarter it contracted. That isn’t just an “indication” of a potential recession- it’s the […]Read more

Office Lease Terms Might Be Shrinking, But Not for Everyone

Office Lease Terms Might Be Shrinking, But Not for Everyone

Commercial landlords were forced to adjust their business models not long after the pandemic first hit New York City. The situation forced people to improvise and create work-from-home offices in the blink of an eye. The result was a high […]Read more

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