Ben Blumenthal

Midtown Office Buildings: 80% full or 20% empty | The vacancy rate of Midtown office buildings was recently reported to be approximately 20%, as concerns in the market continue to linger around the... [Read more...]

Navigating the world of commercial real estate taxes can be a daunting task and understanding how these taxes are calculated and assessed is crucial to budgeting effectively and making informed... [Read more...]

If you're a business owner in New York City, finding the perfect office space is crucial to the success of your venture. However, the process of planning an office space lease can be overwhelming... [Read more...]

What's in a negotiation? | "If you don't ask, the answer is always no!" In a Tenant's market, most will focus their fight on a better rent and while there is certainly much to be won there, here are... [Read more...]

Base Rent vs. Cash Flow | This month I’d like to highlight a recurring theme in the direct leases that we’ve recently negotiated, one that has created great value to both tenants (lowering... [Read more...]

Seriously, how's the market? | Over the past three years, it’s the question that I’m asked most frequently and often with an increasingly curious, if slightly sympathetic, tone.And for good... [Read more...]

The Price is (may not be) Right | Renewing your lease is often the easiest route; are you approaching it correctly? While some organizations can be more nimble than others, relocating your... [Read more...]

You're in the market for office space and it's quickly becoming a balance: finding a quality space at an affordable price. So how do you find the right mix of both? Understanding the difference... [Read more...]

Reality Setting In | There's an old saying: “by the time it hits the news, it’s already old news”.With several recent reports highlighting some of the major challenges facing the Midtown office... [Read more...]