April 2021 Newsletter

One Year LaterA message from Ben Blumenthal At this time one year ago, New York City was in a very different place - under lockdown and with great uncertainty abound. While some parts of life are... [Read more...]

Taking Advantage of the Market: Law Firms

One step backwards and two steps forward. Office availability in Midtown set another record last month, furthering the tenant-friendly environment that law firms in particular have been capitalizing... [Read more...]

February 2021 Newsletter

Leveling OutA message from Ben Blumenthal In a recent bright spot for the NYC office space market, leasing activity in the city reached its highest level since last summer and new sublease space... [Read more...]

2021 Office Space Planning

With 2020 in the rearview mirror, an increasing number of companies have begun planning for what's next: work-from-home flexibility, COVID-friendly workplaces, and a transitional period back to the... [Read more...]

When to Consider a Lease Buyout

Everything was moving along according to plan. Your firm locked in an office lease for space that aligned perfectly with both its immediate and long-term needs. It was the team's second home - a... [Read more...]

Case Study: Florio & Leahy LLP

Midtown-based law firm Florio & Leahy LLP was facing a familiar situation: their office lease of 10 years was set to expire in 2020 and due to consistent growth, the firm’s space requirements had... [Read more...]

Is a Sublease the Right Option?

Last week, the NY Post published an article highlighting a sublease opportunity on Park Avenue for only $25 per square foot, one of the hundreds of spaces that have been listed for sublease with... [Read more...]

Adressing Your Expiring Office Lease in 2020

Over the last several months, we've been contacted by businesses across Midtown facing all-too similar dilemma's that have become common in 2020: approaching a lease expiration and unwilling/unable... [Read more...]

Is Your Landlord Meeting the Market?

As you may suspect, the Manhattan office market is very challenged right now as office demand remains flat in the face of increasing supply - a welcome sight to firms approaching a lease expiration. ... [Read more...]