Your NYC Office Lease: Here’s What You Should Know
If you are an NYC tenant planning for an NYC office lease, here’s what you should know about the NYC office leasing market right now.
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How to terminate your NYC office lease if you don’t need the space
Yes, it’s possible to terminate your NYC office lease for a fraction of the remaining lease obligation — now is the time to do it, and we can help. Here’s how.
How to Budget for Your NYC Office Space
Whether you’re reinventing your company’s footprint by taking a brand new, built-for-you direct space or snatching up one of the beautiful plug and play subleases left on the market, it’s important to understand what different space specifications and “must haves” will cost you, and how to budget for fully loaded space costs (hint: it’s not just rent).
Takeaways From Tenants Returning to the Office
In the last 30 days, we’ve had countless conversations with our clients and other NYC tenants about how exactly they should think about their space needs as they plan to return to the office in 2022. We’ve realized two important takeaways from these conversations that are worth sharing with you.
What a Mayor Eric Adams Means for New York City’s Businesses
The all but assured next Mayor of New York City, Eric Adams, has pledged to oversee a pro-business city government that fosters job growth, prioritizes traditionally marginalized communities, and focuses on making all neighborhoods safer. But what exactly does an Eric Adams’ New York City look like for small, medium, and large businesses? Moreover, how will an Adams administration impact New York City’s reeling commercial real estate industry?
What are your office space options in a COVID market?
COVID-19 is still affecting office life. The good news, however, is it’s still a tenant’s market when it comes to office space decisions — and you have options no matter the size of your company or what is best for your company’s long-term success.
5 Office Design Tips For Better Mental Health
As people are heading back to the office, they are being met with changes in their workplaces. One necessary change that excites medical professionals, activists, and most employees that has been overlooked for way too long is a heightened focus on each employee’s physical and mental health.
The Ever Changing New York City: From 9/11 to COVID-19
It’s hard not to see the similarities between September 11th and COVID-19’s impact on New York City. They both shut down the city and caused loss of life, though for different lengths of time and at differing magnitudes; the two will forever be linked as unforeseen challenges we faced and overcame.
Am I Getting a Good Deal on my Office Space?
How do you know if you are getting a good deal on your office space? Here we tell you what to look for.
Things to do this summer in New York City 2021
We often take living and working in New York City for granted, but one silver lining of the past year is we are all ready to experience all that New York has to offer. We thought we’d shake it up a bit and share some of our favorite NYC summer activities with you; we hope you’ll join us in celebrating the best city in the world.
Welcome to Hot Sublease Summer
You’ve heard of ‘hot boy’ and ‘hot girl summer’; you may have heard of ‘hot NYC summer,’ but have you heard of hot sublease summer? Well, the New York City commercial real estate market is hot for sublease.
Security Deposit: What Should I Expect to Pay
We seek to answer your questions on what a security deposit is, what you should expect to pay, how the amount of security deposit is decided, and whether the landlord can access funds in a security deposit.
6 Office Space Trends for 2022 (and Beyond)
One of the most frequently asked questions we get is: what does the future of office space look like in our post-COVID-19 world? As we’ve said in the past, COVID-19 hasn’t changed the future of how we work or where we work.
Your Guide To The 2021 NYC Democratic Mayoral Primary
Your guide to the 2021 NYC Democratic Mayoral Primary
5 Ways COVID-19 Changed Our Office Space For (the) Good.
Like all disasters, natural or humanmade, our world always (eventually) is left healthier. The reason is we do learn from our mistakes, even if it seems we keep taking steps backward. We, humans, are exceptional innovators, and we adapt because of our behavior changes. So, yes, COVID-19 has and will continue to make our office spaces better, safer, and more productive.
What We Learned in 2020 and Our Promise for 2021
We learned in 2020 that New York City is not perfect, but it’s gritty and resilient and full of people who come together for each other. And like any great city (although there is only one), New York City is only as great as the people who live here.
You Need to Plan 6-12 months to Find Office Space.
One of the biggest mistakes we repeatedly see tenants make is waiting too long to start looking for office space and then boxing themselves in to make crucial decisions in a time crunch.
COVID-19 Related Discounts in the NYC Office Market
The NYC commercial real estate market is down, but what exactly are the COVID-19 related discounts in the NYC office market? And how can you apply them to your specific real estate scenario?
What A Biden Administration Means For New York City
As our city erupted in cheers, block parties and dance parties, New Yorkers enjoyed the summer-like weather with smiles under their masks. But beyond this past weekend, what does the changing of the guard mean for New York?
4 Deals We’ve Made in NYC Real Estate Market last 30 Day
Here are four scenarios we’ve seen and negotiate with NYC commercial real estate clients over the last 30 days, and how they can help you.
NYC Real Estate Market Is Down. That Doesn’t Mean You’re Out
Thanks in large part to COVID-19 the NYC real estate market is down, but that doesn’t mean you’re out. If you can, now is the time to leverage the market.
4 NYC Urban Planning Trends (Post COVID-19)
Like following snowstorms, we can learn a lot from our behaviors during COVID-19. Here are four urban planning trends we expect to see in the coming years in NYC.
NYC Office Availability at a High Putting Tenants In Driver Seat
Manhattan office availability is at a 7-year high, and that means you, as a tenant, is in the driver’s seat.
On the 19th anniversary of September 11th
Our thoughts on our city, New York City, on the 19th anniversary of September 11th, as we face yet another challenge: COVID-19.
COVID-19 and the Future of Office Furniture
COVID-19 safety recommendations for your office furniture: from desk shields to paper desk mats to new materials, here are ways to keep your employees safe.
It’s the Ventilation, Stupid! What Schools Can Learn From the NYC Subway
Ventilation is an urgent concern, whether you’re talking indoor dining, retail shopping, returning to the office, or yes returning to school. Our schools can learn a lot from the NYC Subway system about ventilation.
How NYC Office Tenants Can Leverage the COVID-19 Real Estate Market
How has COVID-19 changed the NYC office leasing real estate market and what can you expect? How can NYC office tenants leverage the down real estate market?
Blend and Extend
So you’re locked into a lease and find yourself paying above market. What can you do? We recommend signing what we call a blend and extend lease, which true to its name involves extending your lease at a rate that blends your current rate with the market value. Here’s how it works:
A Solution For NYC Restaurants: Reverse Standard Percentage Lease
NYC restaurants are grappling with how to pay rent on their current lease. One solution that may work is a reverse of the standard percentage lease.
Do I Need A Tenant Rep Real Estate Broker?
Who pays tenant rep brokers in New York City? Why does hiring a broker who only represents tenants matter? And why can’t you just represent yourself? We answer your New York City commercial real estate questions.
5 Office HVAC Solutions To Comply With State COVID-19 Guidelines
Five solutions to update your office and businesses’s HVAC system to comply with state COVID-19 guidelines and protect your employees from future pathogens.
3 Creative Solutions For Paying Rent
Three creative solutions to help you pay your commercial rent outside the standard deferments and abatements you may be familiar with.
NYC Summer Rent Payments: Using Your Security Deposit & Other Solutions
A note from Vicus Partner founder on NYC Summer Rent Payments: Using your security deposit and other solutions to help you and your business pay rent following COVID-19.
Black Lives Matter. Black voices matter. Black businesses matter.
A Note to Our Community: Black Lives Matter. Black voices matter. Black businesses matter.
6 Office Tech Solutions For Reopening During COVID-19
We have partnered with BBH Solutions, a leading New York information technology firm, to identify IT and Tech solutions that will help small and medium-sized businesses transition to a remote-work-future as seamlessly as possible.
COVID-19 Guidance for NYC Tenants: Rent Relief, Space Design and Office Re-opening
A note from the Vicus Partners’ cofounder Bert Rosenblatt on guidance for NYC tenants including: paying rent and negotiating rent relief, social distancing space design and preparing your office for re-opening.
NYC To Aid Restaurants Impacted By COVID-19: Here Is How They Can Help You
The NYC Council passed new bills to aid New York City restaurants impacted by COVID-19. Here is how these bills can help you, and some other relief bills that are available to NYC restaurants.
7 Simple COVID-19 Office Updates To Help Employees Feel Safe
Businesses face the daunting task of reopening their offices once states lift their stay-at-home orders. Here are seven simple and cost-efficient ways to ensure employees feel safe in their post COVID-19 office space
Rent Payment Solutions for NYC Tenants: What’s Worked So Far
A note from the Vicus Partners founders on rent payment solutions for NYC tenants we’ve seen working so far, and how to communicate with your Landlord.
Best Ways For NYC Non-Profits To Navigate COVID-19 Recovery
NYC Non-Profits are faced with new challenges during COIVD-19 and many are forced to lower operating costs and keep cash. We are here to help Non-Profits strategize space needs for all stakeholders, consider their mission when finding a Landlord match, and ensure the economic terms allow them to spend less money on operating costs and more money on their mission.
6 Office Design Trends In Post COVID-19 World
Businesses need to take steps to ensure employees feel safe In their office space post COVID-19. Here are 6 Office Design Trends (both small and large) we see following the coronavirus COVID-19 pandemic.
COVID-19: How To Clean and Disinfect Your Office Space
Businesses must take steps to properly sanitize their office spaces (and work hard to keep them that way) to give employees peace of mind for when they return to work post COVID-19
NYC Restaurants Prepare For COVID-19 Recovery
NYC Restaurants Grapple With Decrease Density, Lower Revenue, And New Conversations With Landlords and Insurance Companies As They Recover From COVID-19
Now Is The Time To Communicate With Your NYC Landlord, If You Haven’t Already
Vicus Founders on how now is the time to have a conversation with your landlord and your insurance carrier about coronavirus (COVID-19).
Could Business Insurance Cover Coronavirus (COVID-19)?
Vicus Founders, with the help from a prominent NYC insurance coverage and property damage law firm, seek to answer whether your business insurance policy covers coronavirus (COVID-19).
Breakdown of NYC Small Business Coronavirus (COVID-19) Relief Programs
Vicus Partner’s Founders breakdown Coronavirus (COVID-19) City, State, and Federal Relief Programs Offered to NYC Small Businesses, including new programs in the recently passed $2 coronavirus relief bill.
The Coronavirus Pandemic Will Lead To Greater Local Communities in NYC (and beyond)
What will NYC look like after the coronavirus (COVID-19) pandemic? We see a heightened focus on local communities, where neighbors will work together to innovate and turn businesses into community centers.
How to Navigate Paying NYC Commercial Rent During Coronavirus
We’ve received a lot of questions on how to navigate paying rent on your commercial lease in NYC during the Coronavirus pandemic. We’e here to help answer your questions on your rights and existing lease, and work with you to communicate with your landlord and plan a path forward.
Coronavirus (COVID-19) & Relief For NYC Small Business Tenants
A letter from Vicus Partners’ co-founders on the Coronavirus pandemic and what it means for Small Business tenants in New York City (NYC)
How Flexible Working Will Change Our Office Spaces (Post Coronavirus Pandemic)
The Coronavirus / COVID-19 pandemic is testing how businesses can quickly respond to flexible working. Unfortunately, there will be deadly pathogens in the future. We must rethink the future of office work. Flexible work may be a solution that we can all work on together.
