If you are a business and coming to the end of your office lease and thinking about your office space OR you are a new business thinking about your options for your first office space, this video is for YOU.
Today I’m going to share with you one part of the market that you definitely want to explore, especially if you want to save a ton of money on rent and eliminate a massive amount of upfront costs that comes with a new office.
Here are the exact steps you should take to successfully find and negotiate a sublease:
1. Find an adviser you trust
2. Get to know the market
3. Submit proposals (and 4 things to think about asking for in your sublease)
4. Have a backup
5. Choose an attorney who specializes in office leasing in your market
6. Get consent (and 3 reasons why you wouldn't get consent from the landlord)
7. Celebrate!
In this video, I also share the major difference between a sublease and a direct lease. PLUS: I discuss how and why a sublease is priced below market and a bonus, the MAJOR red flag to look out for when subleasing.
Which one of these tips did you find most helpful? Comment below! And, please leave any questions.
--
If you currently lease or sublease commercial real estate in New York City OR if you plan to these videos are for you!
Gregg Cohen is a tenant representative at Cresa. As a tenant representative, Gregg helps his clients find office space that suits their business in New York City while increasing his clients' bottom line, and giving them back their time so they can focus on running their business.
To help his clients, Gregg publishes a video each week on his YouTube channel, Gregg C TV, with useful commercial real estate tips and advice, behind the scenes takes of what it's like being a Commercial Real Estate Agent in New York City, and the fan-favorite segment, 'What's for Lunch,' where Gregg dines at local eateries fit for office tenants and their employees.
Gregg Cohen's website: [ Ссылка ]
Sign up for Gregg's newsletter: [ Ссылка ]
Get notified when new videos are released: [ Ссылка ]
Follow Gregg on Instagram for exclusive content: [ Ссылка ]
Connect with Gregg on LinkedIn: [ Ссылка ]
