New York City Real Estate Articles

• What is the Best NYC Coworking Option for You?

  Why Choose Coworking Over a Traditional Lease? With the recent buzz over “coworking”, many businesses, large and small, have expressed substantial interest in the growing trend. Coworking, traditionally defined, is when a business pays for a shared space on a monthly basis. This shared space ranges from private offices to open spaces where businesses work outside the privacy of a private office. The nature of the shared space is dependent on the coworking provider, many of whom have their own…

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• Is Coworking More Affordable Than a Traditional Lease?

  Coworking has become increasingly popular amongst prospective New York City tenants, who are looking for their ideal space. The critics of coworking typically point out how harsh economic times come underway companies become more expense orientated and examine their balance sheets more thoroughly. What they find is that they are paying more for the same amount of space when they choose coworking. Traditional leases usually cost less for the same amount of space than co-working solutions. In this way, the…

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• How to Find the Best Office Lease in NYC?

  There are a number of ways a business or an individual can find space for lease office NYC. These multifarious ways include searching online and searching through a broker. The choice of methods depend on how serious one’s lease office NYC search is. For the best results an online search would not be preferred due to the lack of listings that actually end up being posted on the web. For the best method of locating office space in NYC hiring…

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• What Are Ways Tenants Can Save Money on Their Lease?

  The most obvious way in which tenants are able to save money on their lease NYC office space is through negotiating the terms of the lease. The issue with this approach is that for the majority of tenants, negotiating with the landlord on one's own is usually catastrophic. This is due to the fact that landlords typically know more about commercial real estate than the average prospective tenant. To deal with the lease terms and negotiations would steal valuable focus…

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• Landlord, Dual or Tenant: Which NYC Broker Works for You?

  The validity of brokers may come into question by tenants when they receive poor service. The issue really comes down to the type of broker which gets utilized. There are a number of different types of brokers which one can go with. These include landlord brokers, dual representation brokers, and tenant brokers. All of these brokers have their own subsequent interests in mind. In the case of landlord brokers, this type of broker seeks to find a tenant willing to…

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• What do Brokers Actually do Afterall?

  Different broker types have different purposes within commercial leasing. Depending on the type of broker there is a correlating purpose the broker executes. The three main types of brokers within commercial leasing include the tenant broker, the dual representation broker, and the landlord’s broker. The tenant broker finds the tenant the best NYC office space for lease. The purpose of this type of broker is to represent the tenant exclusively. When a prospective tenant needs space for their business, they…

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• Why are Commercial Leases so Expensive?

  The general New York City real estate market trend has been the rising cost of office leases. The question becomes, why is the price to rent NYC office space rising so dramatically? The lease on office space is typically a business’s largest expense. That being said, the rise in price has suffocated a number of businesses. The culprit in the rise of New York City lease expense is the almost constant demolition of office space which has been occurring throughout…

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• Can You Negotiate Your Lease Expense Down?

  With the ever-increasing price of New York City commercial real estate rising due to the conversion, and demolition of office space, tenants are placing more focus on lease expenses. When looking for lease NYC office space, the options are so vast that the search can be overwhelming. Where does one start? The answer to this question lies in first examining the best methods of finding office space. The online method of searching for office online independently usually does not yield…

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