Financial Insurance District Office Space Broaway at Battery 35ft

(My Original Blog Post: http://ping.fm/i2Hja)
CitySites Commercial Group, LLC
Prime Wall Street Area Office space available at $35/ft.  Broadway at Battery Place
14,000sf at $41k/month
For Immediate Showing/Information Call:
Gui Tepedino917-612-6491
and
Clell Tickle212-820-0820
By presenting the information set forth herein, CitySites Commercial Group, LLC makes no representation or warranty of any kind, including without limitation, the condition or manner of construction of the property offered, conditions considered latent or patent, compliance with local law, and environmental conditions. CitySites Commercial Group, LLC . does not warrant the accuracy of the information set forth herein, and the same is submitted subject to errors and omissions, and the right of our principal(s) to withdraw, modify or condition the listing without prior notice.Meaning � RSF is pretty useless. When they quote a price, it will always be quoted in dollars per square foot per year. Multiply by the size and divide by 12 to get your monthly rent, and this is the only figure you care about. Sign a lease based on the cost, not the square feet, or they'll "recalculate" their loss factor the next year and raise your rent. The Urban Land Institute, a noted authority on commercial land uses, says the following about these classifications in its Office Development Handbook: "Class A space can be characterized as buildings that have excellent location and access, attract high quality tenants, and are managed professionally. Building materials are high quality and rents are competitive with other new buildings. Class B buildings have good locations, management, and construction, and tenant standards are high. Buildings should have very little functional obsolescence and deterioration. Class C buildings are typically 15 to 25 years old but are maintaining steady occupancy. Tenants filter from Class B to Class A and from Class C to Class B. You have the option of using a tenant's broker. A good tenant's broker does all the legwork for you, looking at lots of spaces to find one and then showing you only the best options to choose from. The trouble is, there are hardly any good tenant's brokers. Most of them are just too lazy. The will tell you to meet them at Starbucks at 10:00 am, and they'll bring a printout they made at 9:45 that you could have gotten online (more about that in a moment), and they'll make you walk around with them while they get their act together and discover that these spaces don't really exist. The other disadvantage is that if a tenant's broker finds you a space and you take it, they will be splitting the commission between the tenant's broker and the landlord's broker. That means the landlord's broker only gets half the commission. That means, all else being equal, that the landlord's broker would rather do those deals where they get the whole commission, when they have a choice. That means that if you're competing for space with another potential tenant, and that tenant has his own broker and you don't, then the landlord's broker is going to like you much more... twice as much, in fact. Although theoretically it's up to the owner of the building to decide whom to rent to, you can bet that the landlord's broker will find ways to make the owner like you more.