The KNOG

Lew Cowan


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How building design impacts occupancy cost

May 16, 2018 6:45:00 PM / by Lew Cowan posted in New York office space, Office Space, Commercial Space, Office Space Rental, Tenant Representative, New York City’s Commercial Real Estate Market

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Leveling the Playing Field: Why a tenant should be represented when renewing a lease.

Apr 30, 2018 12:50:00 PM / by Lew Cowan posted in Office Work Space, Commercial Office Space, Office Space Rental, New York City, New York office space, Real Estate Lease

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For tenants, renewing your current space or relocating within your building is often a better solution than moving. By remaining, you don't change commuting patterns, eating haunts or local neighborhood services, etc. Unfortunately, landlords have a name for tenants who negotiate their own renewal: "captured" tenants. This implies that they are virtually guaranteed to pay more for their space than a new tenant moving in. 

Landlords know exactly what it would cost for a tenant to move and the natural resistance for tenants to make such a move. With these assumptions firmly implanted in their heads, landlords will extract the highest rent possible from you. Our job, at G.E. Grace, is to dislodge those notions.  

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Controlling Your Environment, or NOT

Apr 18, 2018 3:04:24 PM / by Lew Cowan posted in HVAC, New York City’s Commercial Real Estate Market, Office Work Space, Office Space, office temperature

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Nothing drives tenants crazier than air-conditioning issues.

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