Guides
Leasing in New York, explained
- Oct 19, 2026
How much is commercial rent in NYC? Per square foot, by borough
What NYC office, retail and industrial buildings collect per square foot in each borough, from the city's own filings, with the monthly math and the costs on top of rent.
- Oct 19, 2026
How to rent out commercial space in NYC: a landlord's checklist
Renting out a store, office or warehouse in NYC: check the legal use, price it with city data, market it, screen tenants, write the lease and file with the city.
- Oct 19, 2026
What does $/SF/yr mean? How to calculate rent per square foot
$/SF/yr is a year's rent for one square foot. How to turn it into a monthly bill, spot a monthly quote, and see what the rate leaves out before you compare spaces.
- Oct 12, 2026
What is Local Law 97? NYC limits, fines and the 2030 deadline
How NYC's Local Law 97 works: which buildings are covered, the limits through 2049, the $268 a ton penalty and what owners, tenants and buyers should check.
- Oct 12, 2026
How is NYC commercial property tax (Class 4) calculated?
How NYC taxes commercial buildings: Class 4 market value, the 45% assessment, the five-year phase-in, exemptions and PILOTs, bills, and appeals due March 1.
- Oct 12, 2026
How to find out who owns a building in NYC
Find the owner of any NYC building from public records: the tax roll, ACRIS deeds and mortgages, state entity filings, permits and HPD registrations, step by step.
- Oct 5, 2026
What should you check before buying a commercial condo in NYC?
What to check before you buy an office, retail or medical condo in NYC: the condo documents, permitted use, Local Law 97, carrying costs, closing taxes and financing.
- Oct 5, 2026
What is a good guy guarantee in a NYC commercial lease?
How a good guy guarantee works in a NYC commercial lease: what it covers, how the guarantor gets released, what to negotiate and the 2025 surrender ruling.
- Oct 5, 2026
Should you hire a tenant rep broker in NYC or go direct?
Should you hire a tenant rep broker or deal with landlords directly? Who pays commissions in NYC, what a tenant rep does, and how to choose one.
- Sep 28, 2026
What is the NYC commercial transfer tax, and who pays it?
Selling a commercial property in New York City triggers two transfer taxes, one to the city and one to the state. Here is how the rates work, with examples.
- Sep 28, 2026
What do NYC retail lease terms mean? Percentage rent and more
A New York retail lease covers much more than rent. Here is what percentage rent, escalations, pass-throughs, use clauses and restaurant terms mean for you.
- Sep 28, 2026
Can you sublease office space in NYC? How it works
How office subleases work in New York, for both sides: landlord consent, recapture, pricing, the prime lease and the Commercial Rent Tax.
- Sep 25, 2026
Gross vs net lease: what do NYC tenants actually pay?
Gross, modified gross or triple net: how NYC leases split taxes, operating costs and electricity, what the asking rent leaves out, and how to compare two spaces fairly.
- Sep 25, 2026
How much office space do I need per employee in 2026?
About 150 to 260 rentable SF per employee in NYC when everyone comes in, less with shared desks: tables by team size and layout, then how to size from your busiest day.
- Sep 25, 2026
How to read a New York commercial lease, clause by clause
Walk through a New York commercial lease clause by clause: rent start, escalations, deposit and guaranty, use, alterations, subletting, default and the end of the term.
- Sep 25, 2026
Rentable vs usable square feet: what is the loss factor?
Rentable vs usable square feet in NYC: what the loss factor is, how to calculate it, and why two 5,000 SF suites at the same rent can be very different deals.