What Are the Different Types of Office Space?
Office space for lease comes in all shapes, sizes, and building classes. Even as many industries increasingly favor open floor plans and office space that accommodates them, there are plenty... Read More
6 ways to save $$$ on your office space.
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Resources for finding and renting commercial space
Everything You Need to Know to Sublease Office Space Everything You Need to Know to Sublease Office Space
Everything You Need to Know to Sublease Office Space
Traditionally, businesses obtain office space through a lease—that is, signing an agreement with a landlord to rent for a specific amount of time at an agreed-upon price. However, that’s not... Read More
The difference between a Tenant and Listing Broker The difference between a Tenant and Listing Broker
The difference between a Tenant and Listing Broker
It isn’t uncommon for people to try and go through the commercial real estate process on their own without consulting a brokerage or agency. However, typically this happens because they are unclear... Read More
Exclusive Broker Agreements: should you sign one? Exclusive Broker Agreements: should you sign one?
Exclusive Broker Agreements: should you sign one?
Once you find a tenant broker, at some point they may ask you to sign an exclusive broker agreement to represent you going forward. Should you sign it? Naturally, signing any agreement... Read More
The Triple Net Lease: Why is it So Popular? The Triple Net Lease: Why is it So Popular?
The Triple Net Lease: Why is it So Popular?
Triple net leases are widely popular among commercial real estate landlords, and as you search for your next office space, you’re sure to come across this type of lease. This... Read More
What does “Base Year” mean and how does it influence rental costs? What does “Base Year” mean and how does it influence rental costs?
What does “Base Year” mean and how does it influence rental costs?
The “base year” is generally the first year of a commercial rental period that sets a precedent for how much tenants will pay for building expenses for each subsequent year.... Read More
What is an “Anchor Tenant?” What is an “Anchor Tenant?”
What is an “Anchor Tenant?”
When a familiar or impressive name is associated with something, people become more interested in it. When it comes to real estate, this “cool by association” principle manifests itself in... Read More
What is a “Good Guy Guarantee?” What is a “Good Guy Guarantee?”
What is a “Good Guy Guarantee?”
As a tenant in search of a new commercial property in New York, you may notice a clause in your office space lease called the Good Guy Guarantee. This term,... Read More
How to Submit a Commercial Letter of Intent How to Submit a Commercial Letter of Intent
How to Submit a Commercial Letter of Intent
Last updated 20th August 2019. New York office space is a competitive market. If you find office space you like, even if you’re not sure it’s “the one,” you should... Read More