The KNOG

GE Grace Relaunches His Eponymous Commercial Real Estate Firm

Feb 20, 2018 2:28:19 PM / by George Grace posted in THE KNOG

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A Theme of Renewal & Motion in New York City’s Commercial Real Estate Market

Jul 10, 2017 2:45:59 PM / by George Grace posted in Hudson River, New York City’s Commercial Real Estate Market, New York Harbor, THE KNOG

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Retail Vacancies

May 31, 2017 2:37:24 PM / by George Grace posted in Sales Market, THE KNOG, Retail Property, Interest Rates, Retail Vacancies

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Retail Vacancies

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In the Retail Market? Time to Rent or Buy?

May 5, 2017 1:24:29 PM / by George Grace posted in Retail Market, Seller, THE KNOG, Buyer, Capitalization Rates, Interest Rates

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In the Retail Market? Time to Rent or Buy?

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Why an Exclusive Broker is the Right Choice

Apr 12, 2017 11:01:23 AM / by George Grace posted in Broker, THE KNOG, Exclusive Broker, Real Estate Professional, Tenant

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Why an Exclusive Broker Is the Right Choice

During the course of a conversation with a tenant, they asked why anyone would want to use an exclusive broker to represent them in finding and negotiating a lease.

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The Mercy Center's 13th Annual Gala Dinner and Auction

Apr 5, 2017 6:34:58 PM / by George Grace posted in Mercury Center, THE KNOG

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The Mercy Center's 13th Annual Gala Dinner and Auction

On March 16th, I had the great pleasure of being honored by the Mercy Center of the South Bronx. Mercy Center was founded in 1990 to address urgent problems of the women and children of the area by providing an oasis from a violent home, a place for children to learn to read, and for parents to study English as a second language. Enclosed is a video of my acceptance speech. I hope it will inspire you to support the important mission of Mercy Center.

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Avoid Management by Lease

Mar 23, 2017 8:33:33 AM / by George Grace posted in Commercial Tenants, Real Estate Brokers, Management by Lease, Office Space, THE KNOG, Tenant

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Avoid Management by Lease

In an ideal world, commercial tenants would work with both internal and external stakeholders to determine how much space they need before looking at properties. Management would go through a strategic planning process to figure out where the company is going, how it’s going to get there, and who's going to take it there. The company would consult with an architect to determine its exact space needs, and necessary board or upper management approvals would be obtained beforehand. 

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Landlords Increasingly Looking to Shift Insurance Obligations to Tenants

Feb 27, 2017 1:16:27 PM / by George Grace posted in Landlords, Liability Insurance, Tenants, Leasing Space, THE KNOG, Commercial Building, Business Interruption Insurance

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Landlords Increasingly Looking to Shift Insurance Obligations to Tenants

Landlords have recently become more aggressive in trying to shift some of the costs of insurance that they traditionally carried onto their tenants. In a large commercial building, the cost of all of these policies can be significant. Essentially, the insurance requirements increase the cost of leasing space. Tenants should be wary of the extra costs these insurance requirements can impose. 

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A Bronx Tale: Millions of Untapped Consumers

Feb 6, 2017 5:03:30 PM / by George Grace posted in Westchester County, THE KNOG, A Bronx Tale, Brooklyn

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A Bronx Tale: Millions of Untapped Consumers

Recently, I’ve started working with a national company based in the midwest. Their New York office is located in Westchester County, but they have become eager to relocate closer to the city. One of the places they are considering is in the Bronx.

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A Tale of Two Landlords

Jan 20, 2017 12:42:14 PM / by George Grace posted in Landlords, Tenant Representative Broker, Tenants, THE KNOG

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A Tale of Two Landlords

In the real estate business, it’s no secret in Manhattan that when you get out into the boroughs or suburbs, the quality of the landlords changes quite dramatically. It’s not true of all landlords, but there is a definite mindset that begins to take hold as soon as you cross the Hudson or East River: Tenants are a necessary evil, not valued customers.  

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