The U.S. Office Market: A Tale of Three Cities
The U.S. Office Market: A Tale of Three Cities A guest blog from Mark Fawer, a seasoned New York Real Estate attorney and Partner at Greenspoon Marder LLP. “It was the best of times, it was the worst of times.” Dickens’ opening line in his great classic A Tale of Two Cities could well apply […]
The Best Value Office Spaces in Grand Central
The Best Value Office Spaces in Grand Central As companies continue to bring their workforce back to the office, proximity to transportation is more important than ever. While that might sound obvious, before COVID, many companies sought unique office spaces that stood out from the competition, often favoring neighborhoods outside the core Midtown hustle and […]
The Practical Reality: Do NYC Office Tenants Really Need an SNDA?
The Practical Reality: Do NYC Office Tenants Really Need an SNDA? Office tenants in New York City are frequently advised by their attorneys, brokers, and colleagues to push for a Subordination, Non-Disturbance, and Attornment Agreement (SNDA) when leasing space. But what exactly is an SNDA, and how practical is it to obtain one in a […]
Top NYC Office Buildings for Nonprofit Organizations
Top NYC Office Buildings for Nonprofit Organizations For a nonprofit organization, finding the right office space is a balancing act. It needs to be a comfortable environment for your employees while also conveying to donors and board members that your organization is prudent with its resources, not spending lavishly on a fancy office. It’s about […]
Brooklyn’s Office Market Is Buzzing! Here’s What Q1 2025 Looked Like
Brooklyn’s Office Market Is Buzzing! Here’s What Q1 2025 Looked Like Hey Brooklyn businesses! If you’ve been wondering about the office market, get ready for some good news. Q1 2025 just wrapped up, and it was a powerhouse for Brooklyn office leasing – actually, the strongest we’ve seen since Q1 2020! We’re talking 509,000 square […]
Can You Use LoopNet to Find a New Office Space?
Can You Use LoopNet to Find a New Office Space? Before you embark on an office space search using LoopNet, it’s important to understand what the platform is and isn’t. LoopNet is a widely accessible service, free for anyone to use. However, landlords must pay to list their properties. This crucial detail means that many […]
What’s Happening with the Tech Sector and the NYC Leasing Market in 2025?
What’s Happening with the Tech Sector and the NYC Leasing Market in 2025? Manhattan’s office leasing market saw a significant rebound in 2024, initially driven by the financial and legal sectors. However, the tech sector has steadily emerged as a major force, demonstrating its strongest annual leasing activity since 2019, totaling 3.16 million sq. […]
Finding the Right Commercial Real Estate Broker in NYC
Finding the Right Commercial Real Estate Broker in NYC Finding the right real estate broker to assist with your specific needs can be a daunting task. However, your lease can be one of your largest business expenses so finding the right broker who is going to educate you and run an expert process […]
Why working with a broker who represents both tenants and landlords is an advantage?
Why working with a broker who represents both tenants and landlords is an advantage? In the world of commercial real estate, tenant representation and landlord representation are distinct roles, often filled by separate brokers. But when you’re a company seeking space, does it truly benefit you to choose a broker who only works with tenants? […]
Understanding the Economics of a NYC Lease
Understanding the Economics of a NYC Lease For most companies, the cost of their office space ranks second only to salaries. Consequently, a thorough grasp of a lease’s financial terms is paramount to a company’s profitability. Let’s break down the standard economic components of a New York City lease: Class A Buildings: A More Streamlined […]