A good actuel rep broker should be able to give clients a good guesstimate with respect to the functional square footage of the space he?s shown a tenant.
Most tenants feel that leasing NYC office space resembles renting an apartment.
Obviously it isn?t and setting up a small mistake as a result of lack of experience and knowledge may cost a company a fortune in the term of a hire. These two examples are simply a couple among several potential mistakes any tenant can make without appropriate guidance.
Contrary to popular belief there are multiple varieties of electricity charges throughout commercial real estate leases.
Sounds ridiculous but it?s true. The most widely used varieties are called rent add-on, submetered, and direct.
Submetered electrical is basically the property owners way of metering a tenants electric and getting them a portion profit on top of your exact usage. Market prices on this surcharge are anywhere from 8% to as high as 15%.
A great way to comprehend these pitfalls along with the many others not talked about here is toseek advice from a tenant portrayal commercial real estate broker. These are generally brokers whose single job is to signify tenants in purchases and instruct all of them on avoiding common costly errors when negotiating commercial real estate transactions.
For more info on JSN Properties go to office space for rent
JSN Propertes
1123 Broadway #308
New York, NY 10010
For more information about www.jsnproperties.com visit our website.
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