NYC Office Leasing Specialist

NYC Office Leasing Specialist

TEL # 212-984-7117
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The Latest on Manhattan Office Conversions: A New Era for NYC Real Estate

The Latest on Manhattan Office Conversions: A New Era for NYC Real Estate   The landscape of Manhattan real estate is undergoing a significant transformation, driven by the evolving needs of tenants and the persistent demand for housing. Office conversions are at the forefront of this change, with millions of square feet being repurposed for […]

Deal Economics in a NYC Lease: What You Need to Know

Deal Economics in a NYC Lease: What You Need to Know Office space is often a company’s second-largest expense, after salaries. Therefore, understanding the financial terms of a lease is crucial for maintaining profitability. Here’s a breakdown of typical economic terms in NYC leases: Class A Buildings In Class A buildings, where rents are typically […]

Direct Lease vs. Sublease: Weighing the Pros and Cons in NYC’s Office Market

Direct Lease vs. Sublease: Weighing the Pros and Cons in NYC’s Office Market In today’s dynamic New York City office market, companies are constantly evaluating their real estate options. One key decision is whether to pursue a direct lease with a landlord or explore sublease opportunities. The table below highlights the significant cost savings that […]

The NYC Real Estate Market is Improving.  Is now the Time to Act?

The NYC Real Estate Market is Improving.  Is now the Time to Act? Below are the 10 stats that speak to the improving state of the office market and NYC economy as of January 2025: 2024 Year-End Leasing Activity was 24% higher than 2023.➡️ For more insights into recent leasing activity, check out Manhattan Office Market Roars […]

Decoding NYC Office Rent: Why the Numbers Don’t Tell the Whole Story

Decoding NYC Office Rent: Why the Numbers Don’t Tell the Whole Story Many people assume the New York City office rental market has mirrored the sharp downturns seen during the dot-com bubble and the financial crisis. However, a closer look reveals a more nuanced picture. While overall asking rents haven’t plummeted as drastically, there’s a […]

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 […]

Should a Company Hire an Exclusive Broker?

Should a Company Hire an Exclusive Broker?   The answer is 100% yes! Let me caveat that to say, that you should only engage an experienced broker with a proven track record of working on similar transactions as to yours. A real estate transaction is complex and as an occupier there is a lot to […]

The Difference Between Costar and LoopNet

The Difference Between Costar and LoopNet If you are looking to find office space on your own, it is important to understand how the tools work and their limitations. The primary listing service that the brokers use is called Costar. There is no cost to the landlords or their agents to list their available spaces. Costar […]

Two Strategies for Nonprofits to Eliminate Real Estate Taxes

Two Strategies for Nonprofits to Reduce Occupancy Costs  Nonprofit organizations are in a unique position to execute on the strategies noted below to effectively reduce their leasing costs by an amount corresponding to the real estate tax cost that is implicit in their cost of leasing. 30-Year Leasehold Condominium In NYC, if a non-residential property […]