The KNOG

Rentable Space or Usable Space?

Dec 22, 2015 4:28:48 PM / by George Grace posted in George Grace, Mohr Partners, Stock Market, Office Space, Real Estate Broker, THE KNOG, Commercial Real Estate Broker

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Rentable Space or Usable Space?

As many tenants know, rents have been rising. The stock market peaked in May (and is threatening a new high again), and according to regular cyclical patterns, it is set to continue rising for another year or two. Continued increases in rental rates can take a HUGE bite out of a business’s bottom line.

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How Does the Stock Market Affect Rent Prices in New York?

Dec 3, 2015 5:14:46 PM / by George Grace posted in George Grace, Investments, Mohr Partners, Stock Market, THE KNOG, Real Estate, Real Estate Market

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How Does the Stock Market Affect Rent Prices in New York?

The stock market is a leading economic indicator. It affects the psychology of companies. When the market is up, there is a tendency toward growth and expansive thinking, but when it’s down, people are less likely to spend money on real estate and investments.

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The Impact of Gas and Oil Industries on Real Estate Markets

Nov 23, 2015 6:31:09 PM / by George Grace posted in George Grace, Houston, Market Downturns, Mohr Partners, New York City, THE KNOG, Edmonton, Denver, Real Estate, Real Estate Business, Real Estate Markets

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The Impact of Gas and Oil Industries on Real Estate Markets

Denver, Houston, and Edmonton are just 3 of many cities that are heavily dependent on oil and gas. A prolonged slowdown in these markets, as we are seeing now, creates a tremendous ripple effect, impacting office spaces, retail spaces, labor markets and more.

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Due Diligence - Know What You’re Getting Into

Oct 27, 2015 4:18:29 PM / by George Grace posted in George Grace, Local Laws 10 and 11, Mohr Partners, Project Manager, THE KNOG, Buyer Beware, Con Edison, General Contractor, Real Estate Business, Real Estate Purchases

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Due Diligence - Know What You’re Getting Into

The Latin phrase caveat emptor, or “buyer beware,” is especially true when making real estate purchases.

Many businesses assume that the infrastructure of a property they buy functions.

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When Does a Lease End?

Oct 8, 2015 4:58:28 PM / by George Grace posted in George Grace, Lease, Mohr Partners, New York, Office Space, THE KNOG, Holdover Provision, Holdover Tenant, Landlord, New York Law Firm, Short Term Extension, Tenant, Third Party Beneficiaries

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When Does a Lease End?

The best time to leave a property is upon expiration of the lease term, but there is always room for negotiation.

Several months ago, a client (the tenant) had a lease that was close to expiration. The tenant was about to sign a lease for a different space, but something happened: Another property came on the market, they looked at it and decided it was much better suited for their business. However, starting all over in the negotiation process would have put the tenant over their current lease expiration date. In order to acquire the new space, the tenant would have to extend their current lease, or pay a penalty.

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Are You Proactive or Reactive with Your Real Estate Planning?

Sep 4, 2015 4:56:00 PM / by George Grace posted in Business Goals, Business Plan, George Grace, Mohr Partners, THE KNOG, EBITDA, Commercial Real Estate, Real Estate, Real Estate Planning

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Are You Proactive or Reactive with Your Real Estate Planning?

Most companies are reactive in their commercial real estate needs, especially as their business locations increase. To become proactive, companies need to see the big picture - there needs to be a vision that comes from the top. If the CEO or Division Manager hasn't defined a vision for the business, it's hard to be proactive with real estate. A vision tells people where they want to go, so real estate can be planned and managed in order to support that vision and those business goals.

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Economic Opportunity in Iceland

Aug 4, 2015 1:22:58 PM / by George Grace posted in George Grace, Geothermal Energy, Icelandic Government, Iceland’s Internet Connection, Mohr Partners, Growth and Development, Icelandic Language, Invest in Iceland, North Atlantic Community, THE KNOG, Ample Supply of Clean Energy, Iceland’s Scenic Beauty

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Economic Opportunity in Iceland

There were a few rough years after Iceland’s economy crashed in 2008, but things are starting to heat up again.

Invest in Iceland is the economic development branch of the Icelandic government. It frequently invites potential investors to visit the country and explore opportunities for growth and development, as well as Iceland’s breathtaking scenic beauty.

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New Development on Lexington Avenue

Jul 20, 2015 2:02:32 PM / by George Grace posted in George Grace, Mohr Partners, New York City, THE KNOG, Condominium, Mohr Partners Inc, Real Estate, Residential Real Estate

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As an exclusive agent, Mohr Partners, Inc. is pleased to offer a community facility site and/or retail condominium for sale or lease:

  • Lexington Avenue, between 101st  and 102nd  Streets
  • Approximately 50,000 square feet of buildable area
  • Retail Component of approximately 10,000 square feet
  • Ground and Lower Level will have high ceilings
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Negotiating the “Total Cost” of Your Rental Agreement

Jul 8, 2015 5:23:30 PM / by George Grace posted in George Grace, Lease Agreements, Mohr Partners, Tenant Build-Outs, Tenant Representative Broker, Tenants, New York City, THE KNOG, Commercial Lease, Commercial Property, Commercial Real Estate Lease, Commercial Space, Commercial Real Estate, Landlord, Real Estate, Rental Agreement

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Negotiating the "Total Cost" of Your Rental Agreement

“Total cost” encompasses more than the rent.

When negotiating a commercial lease the “total cost,” including each of these factors, must be considered:

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How Executive Real Estate Decisions are Made

Jun 17, 2015 5:06:04 PM / by George Grace posted in Building Maintenance Department, Chief Marketing Officer, George Grace, Mohr Partners, Tenants, Office, Office Space, Office Space Rental, Office Tenant, Office Work Space, THE KNOG, Commercial Property, Commercial Real Estate Lease, Commercial Space, Real Estate, Sales Manager

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How Executive Real Estate Decisions are Made

When corporations are looking for office space, they typically start by casting a large net. This involves taking the interests of all key players into consideration before narrowing down the choices.

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