Most people have some misconceptions regarding office and retail space in Manhattan. Many feel as though approaching a landlord directly will enable them to get a better deal. This is a false statement. All Landlords attempt to get the highest rents they possibly can. There’s nothing wrong with that given that that’s their business.
As a tenant, you’re objective should be finding the right space at the right price. Hiring a broker to represent you is generally free (as all commissions come from the landlord) and can help ensure that you get the best possible deal.
Being a few points off on rent, escalations, electric, rent abatements and certain legal lease clauses can end up costing a tenant thousands and thousands of dollars. We’ll take you through the planning process step-by-step, to help you determine which space is right for you.
Please contact us if you have any questions about Leasing space in Manhattan. Some of our main areas of focus are Chelsea, Gramercy, Flatiron, Soho, Noho, Tribeca, Nolita, Meatpacking district, Grand Central, Penn Plaza and the Garment district.