Metro Manhattan Commercial Real Estate News & Articles
Seven Stars Cloud Group Signs Lease for 19th Floor at 55 Broadway
NASDAQ listed Seven Stars Cloud Group (SSC) has signed a seven-year lease for the entire 19th floor at 55 Broadway with an option to acquire the 18th floor. The firm consolidated several temporary offices to establish their Lower Manhattan headquarters ...
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Paying for An Office Build Out, You or the Landlord?
Getting the Build Out You Want When you rent a new location for your existing business or start-up, getting your space built out exactly as you want it is key. If you are an accounting firm that needs 8 offices ...
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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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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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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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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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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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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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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 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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8 Questions to Ask Before You Rent Manhattan Office Space
Before calling a New York City commercial real estate broker to help you rent Manhattan office space, ask yourself these eight key questions. Your answers will facilitate your search and help you find the best space at the most favorable ...
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Multiple Real Estate Brokers: Help or Hindrance?
Some business owners assume that contacting multiple commercial real estate brokers is better than seeking the services of one agent, thinking that this increases the number of properties they visit. While this makes sense in some ways, it is often ...
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