One of my company's clients has just relocated to a fancy Big Apple based office. Their former office was perfectly fine but it was far away from the home of the majority of employees.
My firm, for this reason, had the job of locating a suitable office space to meet their business demands, yet an office seated in the city limits.
When I was trying to do this I consulted Office-Suites.com and they helped me to come up with a few pointers to simplify any complications in my work and make things easier for my client. So if you are in about the move office then here are a few things you may like to know in order to ease your transition to a brand new New York office space.
1) Class A, B or C? In the US office space market, offices are described as A, B or C. In the New York confines Class A means a singular thing: state-of-the-art towering buildings and modern materials. If it's not like this it is not Class A, even it is a beautiful palatial building constructed many moons ago. Be careful when viewing property as a lot of offices are wrongly advertised with poor descriptions. Try and research a bit beforehand.
2) Step two: leave around 9 months in order to find an office in New York. I am not kidding about this. It will take about two months to find the space, a month for your legal aids to assist in negotiations on the lease, two months to finalise the lease terms, another month for your building manager to design the build out and three months for construction. The last thing you want to do is make a bunch of promises you cannot keep, so don't try to do too much in too little time.
3) Your New York office won't exist yet. This is the case as an office needs your designer touch to increase the spec of the office to your individual needs. Usually you will be able to use these requests as a way to barter on the leasing price of the office Shockingly the owner will cover the cost of the design changes. So if you are thinking about taking a
Manhattan executive suite from Office-Suites.com then ask the broker if this is an option for you.
4) Consider whether you need a broker or not? In the commercial market, brokers are paid by the landlord and this amount is worked out in relation to the leasing value of the property. When this is worked out it can be a gigantic figure for a lot less work. So as soon as you announce that you are moving to a new office space, you will be inundated with calls from brokers. What this mean is, the broker should be extremely motivated to find you an office for your company; however you might find out that cheaper offices are not shown to you.
In conclusion, you should really take your time to research the market as a way to find the type of property that would be ideal for your company.
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