Computer Network Installa

Once you have found the right space, negotiated business terms, lease language and had your space constructed; you still need Internet cabling and phone jacks installed before you can get to work. You also need furniture for your staff. Internet & Computer Wiring Manhattan Commercial buildings have utility closets on each floor from where telecom providers run wiring to your space. Once you sign a service contract for Internet service, Verizon, Time Warner or whoever your telecom provider will run Internet cabling from the utility closet to your space at no charge. Once the utility has installed Internet wiring in a space, setting up computer network cabling is up to the tenant. Businesses who sublease office space in Manhattan often… Continue reading

Posted in Commercial Leasing 101Manhattan Office Space.

Cheap office space in NYC is not easy to find. New York City has the most expensive commercial rents of any Unites States city. However, several Manhattan neighborhoods offer surprisingly affordable office and loft space. Business tenants that can be flexible regarding neighborhoods and buildings can greatly limit their real estate expenditures on rent. Which Neighborhoods Offer Cheap Office Space in NYC? Midtown, Midtown South and Lower Manhattan all have neighborhoods offering some pretty cheap office space in NYC. The Garment District in Midtown offers competitively priced loft space in former manufacturing buildings. Base rents in these properties start as low as $28.00 per Square Foot. Chelsea is probably the most inexpensively priced neighborhood in Midtown South with commercial rents… Continue reading

Posted in Manhattan Office Space.

How to Research Manhattan Office Space Listings There are thousands of vacant Manhattan office space listings on the rental market at this very moment. So you would think it easy to find a space that fits your firm’s real estate needs.  But the reality is different. Where do you start when there are hundreds of major commercial office and loft buildings to choose from, 3 business districts, more than 20 neighborhoods and prices ranging from $30.00 to $140.00 per Square Foot?  Do you schedule property tours of Class A avenue buildings or of side street loft buildings? How do you ensure you are inspecting the best spaces in the right buildings? New York City Commercial Real Estate Web Sites You… Continue reading

Posted in Commercial Leasing 101Manhattan Office Space.

What to Look for While Inspecting NYC Office Space For Lease When inspecting NYC office space for lease potential tenants don’t always notice important attributes of a property.  People let their emotions interfere when touring Manhattan real estate and don’t always judge the merits of a property as a result. Before submitting an offer a business owner has to evaluate a space carefully. Prior to scheduling a commercial real estate tour, write down the attributes you would like to see in your new location. You can share this punch list with your broker. It will make it easier for a real estate expert to research the commercial office space market on your behalf. It will result in a more productive… Continue reading

Posted in Commercial Leasing 101Manhattan Office Space.
Brooklyn Office was Once Industrial Space

Brooklyn Office Space Market Set to Boom The Lockaway Self Storage Building in Brooklyn is typical of the warehouses and factories that could potentially be converted to office use. This 1890s warehouse, located across from The Brooklyn Navy Yards was originally a shoe factory and then a root beer bottling plant before being shut down years ago.  According to Tucker Reed, president of the Downtown Brooklyn Partnership, this building among many others are ripe for conversion to office space. Tightening Market The Brooklyn office space for rent availability rate (the space that is available now or scheduled to become available within 12 months) in Brooklyn has dropped to 7.8% at the end of June; average asking rents are $32.13, compared… Continue reading

Posted in Brokers & Other Real Estate ProfessionalsCommercial Leasing 101Manhattan Office Space.