Commercial Real Estate

Affordable office space means something different for every Manhattan nonprofit. A small advocacy group may need six desks and one private meeting room. A social-service organization may need interview rooms,….

A Manhattan nonprofit choosing office space must make two decisions, not one. First, the organization needs the right physical office. Then, it needs the right legal and financial structure for….

The best Manhattan office building for a nonprofit is rarely the fanciest building available. Instead, it combines responsible occupancy costs, workable lease terms, strong transportation, useful space, reliable building operations,….

Yes, many nonprofit tenants qualify for exemption from New York City Commercial Rent Tax, or CRT. However, “nonprofit” does not create one identical rule for every organization. City law directly….

A nonprofit leasing Manhattan office space usually cannot claim a 420-a property tax exemption through an ordinary office lease. The ownership requirement creates the problem. A qualifying leasehold condominium can….

Finding nonprofit office space in Manhattan starts with a deceptively simple question. What kind of real estate arrangement does your organization actually need? “Renting an office” can describe several very….

The asking rent on an NYC office proposal tells only part of the economic story. Free rent, tenant improvements, workletters, and other concessions can materially change your actual occupancy cost…..

An expiring New York City office lease creates more than a choice between staying and moving. It creates a chance to reset occupancy costs, space needs, flexibility, location, and workplace….

An NYC office lease proposal should explain much more than rent and lease length. It should define the economics, delivery, construction, operations, security, flexibility, and timing of the deal. A….

Need an NYC office you can use quickly, without starting a construction project? New York businesses use “furnished,” “turnkey,” and “plug-and-play” to describe several very different office arrangements. Those terms….