Keep Your Eyes Open: Inspecting NYC Office Space for Lease

17 March, 2018 / Alan Rosinsky
Young businesswoman touring modern NYC office space

What to Look for While Inspecting NYC Office Space For Lease

When inspecting NYC office space for lease potential tenants don’t always notice important attributes of a property.  People let their emotions interfere when touring Manhattan real estate and don’t always judge the merits of a property as a result.

Before submitting an offer a business owner has to evaluate a space carefully. Prior to scheduling a commercial real estate tour, write down the attributes you would like to see in your new location. You can share this punch list with your broker. It will make it easier for a real estate expert to research the commercial office space market on your behalf. It will result in a more productive property tour.

Don’t Overlook Essentials

Business tenants usually think of basic things like monthly rent, square footage, and neighborhood when searching NYC office space for lease.  But they will often overlook criteria such as telecommunications providers, air conditioning systems, building security and hours of access.

The experience and expertise of a commercial real estate broker can be very useful in helping you hash out the details of what you need.  Before you consider scheduling a property tour, meet with your realtor at your existing space so he can see how you use your facility.  Based on your needs, your realtor will select the appropriate NYC office space for lease. At the meeting, discuss every detail of your real estate requirement and compile a detailed requirements list.

This list should contain the contain the following:

-Ideal Square Footage
-Maximum monthly budget
-Desired neighborhoods
-Transportation access (subways, buses, trains)
-Ideal lease term
-Required layout and build out
-Specific telecom & Internet requirements (bandwidth, telecom carriers)
-HVAC needs (tenant controlled HVAC, supplemental cooling for servers)
-Specific plumbing needs (wet pantry, private bathrooms, sinks)
-Building security & access hours
-Building ambiance & feel (Class A, Class B, Class C)
-Category of the building (traditional office building or loft/former factory)
-Special uses (Medical, Showroom, Classroom etcetera) if applicable

Take some time to think through your company’s requirement for NYC office space for lease. Writing down the specifics of your real estate need will help you evaluate different properties you are shown in an objective manner.

For assistance in locating the NYC office space for lease call Metro Manhattan Office Space, Incorporated. Principal Broker Alan Rosinsky can be reached (212) 444-2241.


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