Demystifying the Perfect Space: A Transparent Approach to Leasing

Most brokerage websites talk about finding the “perfect” space. But unless you have an
unlimited budget, “perfect” doesn’t exist. Every space has pros and cons. My job is to provide a
transparent, deep-dive analysis of the financial, operational, and qualitative components of a
lease to ensure you make the most informed business decision.

Ultimately, it’s not about one particular space or the rent being offered; it’s about whether the full
scope of the deal makes sense for all stakeholders involved.

Below is the framework of items we will review together throughout the process:

1. Strategic Objectives

Occupancy Goals: Aligning the space with your financial and operational needs.
Employee Retention: Analyzing how location and commute impact your talent.

2. Landlord Due Diligence

Ownership Profile: Are they a long-term or short-term holder?
Reputation & Stability: What is their track record and current debt position?
Architectural Support: Will the landlord provide an architect for test fits and
construction drawings?

3. Financial & Lease Structures

Landlord Contributions: How much work or cash allowance (TIA) is being offered?
Material Quality: What are the building-standard materials for construction?
Incentives & Increases: Calculating free rent, “rent bumps,” and the difference between direct operating pass-throughs and annual escalations.
Security & Guarantees: Defining security deposit requirements and “Good Guy” guarantees.

4. Operational Realities

Building Services: Is cleaning included? What are the specific hours for heating and
cooling?
Accessibility: What are the lobby hours and security protocols?
Future Value: Are there any building amenities or upcoming renovations planned?

There are many other nuances to consider. EMAIL ME to begin your analysis.

NYC Office Leasing Specialist