Commercial Rent Escalations

So How Much Should I Expect My Annual Rent Increase to Be?

If you are renting commercial office space in Manhattan, your commercial lease is going to have an escalation clause and your rent will increase every year. Because the cost of building services, personnel, energy and building maintenance go up every ...
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New York City Building Classes

Do You Want Class A, Class B or Class C? Manhattan Office Buildings are Defined According to Classes

Commercial buildings in Manhattan are informally classified according to a class rating system that looks at the quality and amount of amenities offered. These standards determine the desirability and price of a rental or leased space, hence Class A, B ...
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Keep Your Eyes Open: Inspecting NYC Office Space for Lease

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 ...
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Computer Network Installa

Office Furniture, Fixtures & Computer Networking: Landlord’s Responsibility?

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 ...
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Real Estate Prices

Manhattan Office Space Prices

Manhattan office space prices are mainly set by location (neighborhood), access to public transportation, office building rating (Class A, Class B, Class C). Improvements that the landlord agrees to make to space for a new tenant also counts. Landlords quote ...
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Understanding Brokerage Fees When Searching for New Offices

How much does it cost to use a commercial real estate agency when you are in the market to rent Manhattan office space? Are you going to be liable for a hefty commercial real estate brokerage fee once a lease is ...
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Loss Factor

How Loss Factor Impacts Commercial Space

You make an appointment to see a New York City commercial space that, judging from some online photos, appears to be ideal for your business. It's got a great location, reasonable rent, and just enough square footage. But when you ...
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Insurance

Commercial Liability Insurance Protects Tenants, Landlords

Insurance and liability requirements are among the many complex issues that your commercial lease will address. Negotiating lease terms for New York City office space is the primary responsibility of your attorney. But Metro Manhattan Office Space, an experienced commercial ...
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Moving Offices in Manhattan

Manhattan Office Relocation Checklist

A Manhattan office relocation can be a tricky and often overwhelming experience. There are so many moving pieces to a business relocation that in order to be up and running in your new space on time, careful planning months ahead ...
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Don’t Fear the Loss Factor

Understanding Loss Factor in New York

Few terms make brokers and tenants in New York City squirm these days like “loss factor.” Loss factor is essentially the amount of communal space for which a tenant pays, but which is not included in the actual size of ...
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NYC Office Space Tips to Reduce Your Energy Bill

Tips to Reduce Your NYC Office Space Energy Costs

Whether yours is a short- or long-term lease, the benefits of reducing energy use in your NYC office space are significant. If you haven't yet signed or renewed a lease, it is important to arm yourself with information. Contact a ...
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Short Term Versus Long Term Office Space Lease

Short-Term vs. Long-Term Manhattan Commercial Leases

For many commercial tenants in New York City, the decision to sign a short-term vs. a long-term lease is critical. The terms for Manhattan commercial leases generally range from two to 15 years. Because of the costs required to “re-market” ...
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