Aug 23, 2018 7:00:00 AM / by Michael Davidson posted in board of directors, board meetings, board membership, New York City, Commercial Real Estate, New York City’s Commercial Real Estate Market, New York Managers, New York
Feb 3, 2016 4:52:13 PM / by George Grace posted in 2016, Brooklyn New York, Commercial Real Estate, Federal Reserve, Financial Advisors, George Grace, Interest Rate Loans, Low Interest Rates, Manhattan New York, Mohr Partners, New York, Queens New York, Real Estate Market, Residential Real Estate, THE KNOG
Many financial advisors tell their clients that past performance does not guarantee future results.
Oct 8, 2015 4:58:28 PM / by George Grace posted in George Grace, Holdover Provision, Holdover Tenant, Landlord, Lease, Mohr Partners, New York, New York Law Firm, Office Space, Short Term Extension, Tenant, THE KNOG, Third Party Beneficiaries
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.
GE Grace & Company, Inc. provides commercial real estate brokerage and consulting services in the New York Metropolitan area. We save you time and money and make sure you feel good about your real estate decisions. We are thorough, knowledgeable, experienced.