Coworking and Flex Space vs. Traditional Leases
Flexible Workspaces vs. Traditional Leases in NYC
We’ve all been there: staring at an empty office on a Tuesday afternoon, knowing we’re paying for every square foot whether it’s occupied or...
Holdover Provisions and Penalty Rent
Negotiating Holdover Provisions in Commercial Leases
Even if you’re not approaching a lease renewal today, it’s worth understanding the “holdover” clause in your commercial lease. This is the p...
Subleasing Your Office Space: A Tenant Guide
Sublease Recapture and Landlord Consent: What Tenants Need to Know
Finding ourselves in a commercial lease that no longer fits our needs is a common scenario these days, and subleasing can often seem like th...
Reading Your Annual OpEx Reconciliation
Reviewing Your Annual OpEx Reconciliation Statement
It’s that time of year again when many of us receive our annual operating expense and tax reconciliation statements from our landlords. For...
SNDA and Estoppel Certificates for Office Tenants
A Tenant's Guide to Estoppel Certificates
We’ve all been there: a stack of paperwork lands on our desk from the landlord, often presented as standard procedure. Among these, the Esto...
Choosing Between Class A, B, and C Office Space
Class A, B, and C Office Space: What's the Difference?
When we’re scouting new office space or even just thinking about our current setup, we often hear terms like Class A, B, or C. It's easy to...
Sublease Glut: Risks and Opportunities
Sublease Risks: What Happens if the Master Leaseholder Defaults?
The current wave of sublease availability, often called a "sublease glut," might seem like a golden opportunity for businesses seeking more...
Load Factor and Rentable vs. Usable Square Feet
Understanding Core Factor in Your Office Lease
When we’re deep into running our businesses, it’s easy to focus on the numbers we understand best: revenue, expenses, payroll. But there’s a...
Operating Expense Caps: Controllable vs. Uncontrollable
Negotiating a Cap on Controllable Operating Expenses
We’ve all been there: seeing our operating expenses creep up year after year, sometimes with little explanation. It’s frustrating when we’re...
When to Hire a Tenant-Rep Broker
Why You Need a Tenant Rep Broker for Commercial Leases
When we’re navigating the complexities of commercial leases, it’s easy to feel like we’re on our own. Landlords often have their own brokers...
Free Rent and Abatement Concessions
Understanding Office Lease Concessions Beyond Base Rent
When we're deep in the day-to-day of running our businesses, it’s easy to focus on the big numbers on a lease agreement and overlook the sma...
Base Year vs. Expense Stop Leases
Understanding Base Year Leases and Your Share of Expenses
When we’re deep into running our businesses, it’s easy to let the details of our commercial leases fade into the background. That often chan...
Get the daily tip in your inbox
One article every weekday on office leasing, tenant rights, and managing your office space. No spam — unsubscribe anytime.