In the world of commercial real estate in New York City, we often encounter something known as the Tenant Improvement Allowance (TIA). In simple terms, think of a TIA as a renovation budget given by the landlord to help make ...
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In the hustle of New York City's business scene, one factor stands out in the search for office spaces - a stunning view. More than just a pleasant backdrop, a splendid panorama from your workspace can wield tangible benefits. Imagine ...
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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, ...
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Not long go, in New York City, the Flatiron District transformed into the legendary "Silicon Alley" during the 90s tech explosion. Today, a fresh wave of bold blockchain, fintech, biotechnology, and artificial intelligence startups are searching for their ideal office ...
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Once upon a time, Fifth Avenue reigned as the world's priciest shopping boulevard, outshining London and Paris. Then in 2018, Hong Kong's Causeway Bay stole the crown, according to a 2019 Cushman & Wakefield report. Fast forward a few years, ...
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Have you ever been in a predicament trying to find the perfect commercial space for your business? Whether you're an entrepreneur or an established business owner, it's a common scenario. You end up sifting through endless, confusing listings online with ...
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It doesn't matter if you're a startup or an established hedge fund or law firm. Real estate costs will always be on your mind as the second highest business costs behind labor. So, it's understandable if you're curious about how ...
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You make an appointment to see a New York City commercial space that, judging from some online photos, is ideal for your business. It’s got a great location, reasonable rent, and just enough square footage.  However, when you get there, ...
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New York City is a hub for architecture and design firms.  With unique and diverse architecture, creative culture, iconic landmarks, and a thriving arts scene, New York City attracts top talent worldwide and offers endless inspiration. Plus, with a population ...
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Whether an established business or a start-up, your new office build-out constructed to your exact specifications is critical.  However, among other costs to consider, how much of these build-out costs will your landlord cover? The answer is the more they ...
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Commercial real estate markets throughout the country have undeniable headwinds. However, one submarket that's remained remarkably resilient is the market for medical office space in NYC.  Landlords find it appealing because it is a commercial real estate sector that's incredibly ...
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Commercial leases in New York City are notoriously long, complex documents. They come with many different clauses and terms, such as holdover clauses, sublease and assignment clauses, rent escalations, and more. As a commercial tenant, you should familiarize yourself with ...
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