Archive for 2009
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Welcome to the Dragon Speaks
Posted by Oct 1st 2009, 20:08
Welcome to the Dragon Speaks, the blog of OfficeDragon.com, where we cover everything you need to know about commercial office space in New York City. The Dragon Speaks isn’t just for brokers or professionals; it’s for current tenants, people searching for space, or those who just want to understand commercial real estate a little better. Our goal is to make searching for space as straightforw… Keep reading
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You Don't Pay Commission
Posted by Sep 29th 2009, 22:46
If you’ve been searching for office space for a while you’ve most likely come across brokers advertising ‘no commissions’ or ‘no fee’ as part of the package. They’re not lying, but they aren’t being completely honest either. In Manhattan commercial real estate, the tenant never pays commission. No matter how many brokers are involved the landlord will be the one to pay every commis… Keep reading
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Private Means Private
Posted by Sep 30th 2009, 17:01
Many websites collect private data on the users who pass through their domains, but not OfficeDragon. They take your private information and pass it along to advertisers, spammers, or whoever may be interested. They can trace your IP address to an address, email address or even a phone number. This leads to unsolicited mail, spam e-mail and unwanted phone calls from advertisers or businesses you… Keep reading
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Price per Square Foot
Posted by Sep 30th 2009, 17:09
Price per square foot may be the easiest way to compare two spaces, but it’s not what you are actually paying, the monthly rent is. This is an important distinction to keep in mind while searching commercial real estate. Price per square foot is a good comparison figure, since it incorporates both price and size, but tenants often get too focused on finding the lowest price per square foot and n… Keep reading
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All Listings All the Time
Posted by Sep 29th 2009, 20:05
Imagine searching for 1,000 square feet of office space in Midtown and only seeing 10% of the listings available. How about not even knowing it you were only seeing 10% of what the website had to offer. Worse, how about compromising what you need in an office because the perfect listing was being reserved for those who paid to see it. Other sites only share a small percentage of their listings for… Keep reading
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Extra Charges
Posted by Sep 30th 2009, 17:48
It would be a much easier world for tenants if the monthly rent was all you paid to lease your space each month. In reality, there will almost always be extra charges associated with any lease. Electricity, heat, air conditioning, and water are all pretty standard. In addition, building taxes, building maintenance, security costs, lobby expenses, and trash removal are often included in leases as w… Keep reading
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#1. Size Does Matter: Understanding the Loss Factor
Posted by Sep 30th 2009, 17:51
(picture provided by asplanned.co.uk) Now that you are in the market for a new office how do you figure out how much space you actually need? If your looking at larger offices, think over 25 employees, hiring an architect to help map out and plan your needs is generally a wise investment. However, for smaller offices you can save some money by doing it yourself. The first step is understandin… Keep reading
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Heating Your Office
Posted by Oct 1st 2009, 19:02
(picture provided by Yanko Design) Starting today, October 1st, New York law states that building heat must be supplied if the outside temperature falls below 55 degrees Fahrenheit between 6 AM and 10 PM. In honor of the start of heating season, we would like to provide you with some office heating tips! Before you sign the lease If your lease requires individual payment of heating and coo… Keep reading
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10/5 Office Space of the Week
Posted by Oct 5th 2009, 18:48
This week’s OfficeDragon space of the week is 900 Broadway, Unit 202. The unit is on the second floor on the corner of 20th Street and Broadway. This space features 15 foot ceilings with two walls made up of floor to ceiling arched windows overlooking both Broadway and 20th street. Unit 202 is 4,000 square feet for only $33 per square foot per year. Click here to see the official l… Keep reading
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#2. Class A, B, or C?
Posted by Oct 6th 2009, 16:15
Manhattan commercial real estate is divided into three classes; class A, class B and class C buildings. There is no objective formula for determining which class a building falls into, rather some judgment is required and classifications are somewhat subjective. That said, there are still a few rules that generally determine what class a building will be. Class A office space is the best availa… Keep reading
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