Tag : long island commercial real estate market

5 Dangerous Lease Clauses- Part One

In a typical lease negotiation, the parties, the attorneys and the brokers focus only on the key financial aspects within the lease document.  However, there are subtle and seemingly innocuous clauses that can cost the tenant a pretty penny long after the lease has been signed.  Here’s a quick list of 5 Dangerous Lease Clauses:..

The Low-Down on CRE Recovery

Commercial real estate continues its positive recovery as the second quarter of 2011 progresses. Though the housing market and stagnant job market continue to burden the economic health, growth is expected to pick up substantially as the second half of the year begins. “The office market posted its fifth consecutive quarter of positive net absorption..

U.N. Hits the Blacktop

As it turns out, the U.N. isn’t just all work and no play. At least, not since Albany approved their proposed plan to build another office tower on the Robert Moses Playground. I guess world leaders need a break too, and what better way is there to unload stress than climb on the monkey bars..

Debt Deadline Dominates Congressional Debate

So far Congress has rejected the pleas for a temporarily increased debt ceiling, intent on forcing congressional leaders to “come up with a broad agreement . . . in order to avoid a government debt default in August.” However, if a decision isn’t reached soon, a default could have a deafening impact of the US..

Keep Calm and Rent On, America

In light of the recent turnaround in the commercial real-estate sector, the market has, so far, shown an increase in the amount of occupied office space in the first and second quarters of 2011. The first quarter showed an increase of 5.5 million square feet of inhabited office space, while the second measured a close..