The Nonprofit Map & Key Trends in NYC Nonprofit Real Estate Occupancy (Based on Top 100 Occupiers)
The Nonprofit Map & Key Trends in NYC Nonprofit Real Estate Occupancy (Based on Top 100 Occupiers): Analysis of the real estate holdings of the 100 largest nonprofit organizations in New York City (defined by a minimum occupancy of approximately 35,000 sq ft) reveals several notable trends: Geographic Concentration: The majority of these large nonprofits […]
The Defining Facts of the Q1 2025 Leasing Market
The Defining Facts of the Q1 2025 Leasing Market A strong start to 2025 indicates a significant resurgence in the Manhattan office leasing market, presenting encouraging trends across all submarkets. Below are 11 defining facts highlighting the activity in Q1: Manhattan Overall: Manhattan’s leasing market experienced robust activity in Q1 2025, totaling 7.89 million square […]
Top Medical Office Buildings NYC
Top Medical Office Buildings NYC. Securing the ideal medical office space in Manhattan presents a unique set of hurdles and opportunities. While many landlords harbor reservations about the increased foot traffic associated with medical practices and the complexities of specialized buildouts involving extensive plumbing, detailed millwork, and additional restrooms, the demand for accessible healthcare facilities […]
NYC Office Leasing Shows Strong Start to 2025
NYC Office Leasing Shows Strong Start to 2025 Office leasing in New York City experienced a significant upswing in the first quarter of 2025, building on the momentum gained in the fourth quarter of 2024. This positive trend marks a notable recovery compared to the slower pace observed since the pandemic. ➡️ For more on the […]
Why Nonprofits are Choosing Office Condos
Why Nonprofits are Choosing Office Condos For nonprofit organizations looking to maximize their impact, owning real estate can be a powerful move, especially given their tax-exempt status. However, the scale and ongoing costs of owning an entire building can be daunting. Office condominiums present a compelling alternative, offering a sweet spot of ownership benefits without […]
Why Isn’t the Landlord Responding to My Proposal?
Why Isn’t the Landlord Responding to My Proposal? As a commercial real estate broker, I often wear two hats, representing both tenants and landlords. When I’m working for a landlord, one frustratingly common scenario is a promising tenant being represented by an unqualified broker. It fills me with angst because I can see the likely […]
NYC Office Build-Outs: Who Pays the Bill?
NYC Office Build-Outs: Who Pays the Bill? Negotiating the build-out for a new office space in New York City has evolved significantly. While tenants historically received a tenant improvement allowance (TI) and managed the construction themselves, the current trend in NYC office leasing often sees landlords taking on the responsibility for both the cost and […]
Can Your Security Deposit Cover Your Last Month’s Rent in New York?
Can Your Security Deposit Cover Your Last Month’s Rent in New York? It’s a common question for tenants nearing the end of their lease: can I simply use my security deposit to pay for the final month’s rent? It seems logical. The money is already with the landlord, so why go through the hassle of […]
Where Do NYC Rents Stand Post Covid 2025?
Where Do NYC Rents Stand Post Covid 2025? As like most things in life there are a lot of nuances in this answer and the statistics. Unlike the past two market downturns which occurred after the dot.com bubble and the financial crisis, the average asking rents per the market stats did not decline as significantly. […]
How Long Does It Take to Find a New Office Space in New York City
How Long Does It Take to Find a New Office Space in New York City Finding a new office space in New York City is never a quick and easy process and the length of time it takes depends on many factors. The below is a breakdown of the process along with a timetable of […]