There are many reasons why most companies, no matter how large or small, want to set up an office in the Big Apple. First, a New York office space can boost the appearance of their company. By having a Manhattan address, their business can attract local and international clients and customers. Second, being a company in New York City offers them unlimited opportunities to interact with the right kind of people. Third, the city offers a wide variety of office rentals to choose from.
In terms of choices, a company can opt for either a traditional office or a virtual office. Those who run an online or home-based business but still need an office space where they could meet with their clients and vendors occasionally will often opt for the virtual office. Businesses that are a little larger and want to be in the office more of the time might go for an hourly or traditional office. These suites are furnished with different kinds of services such as a receptionist, secretarial, answering or mailing services. Such full service offices can be leased for as short as one month term. All that a business owner needs to do is sit on their office desk and start working.
There are also office spaces for rent in New York that are not yet furnished. These are perfect for those who want their office to reflect their particular line of business. They can choose their own decor and have their names on the door or on a brass plate. However, this option is usually more expensive than others.
Because every company is competing to get the right space in such an elegant business setting as New York, office space that is perfect for their needs at a price that fits within their budget can be hard to come by. To avoid getting a space that is not suitable for their business, it might be wise to acquire the assistance of a commercial broker or leasing agent.
However, since not all brokers have the capacity to provide a company the office space they need, companies should be wary of online brokers that may not have what they are looking for. Many websites list unsuitable office spaces at extremely high-asking prices. Hence, finding a good and reputable office rental broker is an important first step. There are some things business owners should consider in finding a reputable rental broker.
First, the broker must be able to help the company find the office space that meets their highest expectations. Second, the broker should have an abundance of listings to choose from. This will give shoppers the choices they need to find the right office to meet their needs. Third, the broker must be well informed about the current trends of office space renting or leasing in New York City, which means they can provide such pertinent information as vacancy rate or past rents on a certain office space or building. This is valuable information when it comes to determining the cost of the space and the final leasing agreement. Fourth, the broker should be able to explain clearly about hidden charges in lease agreements for business properties in New York. And finally, they should have the skill to negotiate a lease that is in the client’s best interest.
Because finding the right New York office space involves a major investment of time, money and effort, it is essential that a company finds the right commercial real estate broker to work with. This helps insure that the company will be well represented in their search for their new business home and make it more likely that they will find the office space that meets their needs.