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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Office space installations are generally provided by landlords

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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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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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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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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8 Key Questions

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?

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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