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Strong First Quarter for the NYC Commercial Leasing Industry

April 15th, 2014 / Author: rbielsky

Leasing has significantly increased in first quarter 2014 as compared to this point in 2013. The city boasts 14 office leases of more than 100,000 square feet already this year. In the entirety of 2013, there were only seven. Spaces of this size are at their lowest vacancy rate of ...

6 Tips on Maintaining a Good Relationship with Your Landlord or Property Manager

March 14th, 2014 / Author: rbielsky

As a commercial tenant, your lease is likely set for several years. Any tensions that arise may bleed into other areas of your business relationship. Repairs may not occur timely or amenities may become unavailable and your business could suffer. Therefore it’s important that you maintain a good relationship with ...

Building Classifications in New York City

March 14th, 2014 / Author: rbielsky

Not all office space is created equal. In New York City, agents, tenants, and property owners use an informal classification system to categorize commercial buildings. These standards are used to determine the desirability of the building and give you an idea of the asking price. The classes are subjective, but they ...

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