General Real Estate
Let’s find some time to discuss your needs. Our unique process incorporates five dimensions of your business and the impact each area can have on your real estate needs. We use this approach to gain a deeper understanding of your goals as an organization and it helps us build a foundation for our relationship with you. Getting started is as simple as sending us an email.
There are several methods used to project the space needs of your company, all of which we are here to help guide you through. We have relationships with some of the best commercial architects in the city, who can help aid in establishing a size range for your requirement. We also have the means and methodology in-house to estimate and quantify your firm’s needs today, as well as growth projections for the future. Once we sit down and discuss your needs, we can continue to refine this component of your requirement, particularly as it relates to the five dimensions of real estate.
In New York City, and most major US markets, rental prices for office space are listed per rentable square foot, per year and are often quoted on a gross (vs. net) + electric basis. A few key words worth explaining to give you the full picture:
Rentable Square Foot (vs. Usable or Carpetable square foot) is the measurement the Landlord has applied to the space, not necessarily the actual physical size of the space for operating purposes. We always encourage our tenants to hire their own vendor to measure the space to ensure they understand exactly what they are getting. Typically, real estate in New York City is measured and marketed on a rentable square foot basis. This is the measurement the landlord makes of the space and can be done differently from owner to owner or from building to building. The Real Estate Board of New York (REBNY) has standards for how space should be measured but there is no set legal requirement in New York City. Everywhere else in the US, the standards used for measurement are regulated by the Building Owners and Managers Association (BOMA).
Gross means the amount is inclusive of your taxes and the building operating expenses, whereas a net price would only be the cost for the real estate. “+ electric” means that the cost for the electricity you use will be separate and in addition to that quoted price. Typically we ask that a tenant’s space be separately metered so that you are only being charged for the exact amount of electricity you are using. For example, a 2,000 rentable square foot office space could be quoted with a rent of $70.00 per rentable square foot, which means $140,000 per year for rent (2,000 x $70.00). If you take the annual rent of $140,000/12 months = $11,666 for monthly rent. The rent per square foot can vary largely based on location, class of building and building amenities, floor on which the space is located, and other factors a Landlord may use to determine how they want to price their space.
Women-Owned, Women-Led, Women-Centric
Nope! We do not intend for our services to be exclusionary in any way. Our process and approach can be universally applied. Many of our customers and colleagues are men and we value the input and perspectives regardless of all gender, race, class, age, religion, sexual orientation or circumstance bring.
We are targeted towards women-owned, women-led, and women-centric businesses, recognizing that not all three are always aligned. Our sweet-spot is to work with any company that fulfills one (or more!) of these three attributes, but we value working with companies that have a forward-thinking mindset that match with our mission, process and approach.
This really depends on the type of services you engage us for, but more often than not, our fees are covered by commissions earned once we close a transaction on your behalf. In New York City, and most markets within the US, commercial real estate commissions are paid 100% by the Landlord, Sublandlord, or Seller. We never charge for an initial consultation, meeting, or just to answer a few questions you may have, so don’t hesitate to reach out. Our goal is to build a lasting relationship and become a trusted resource, not to nickel and dime you. We will always be 100% transparent about our fees and compensation once we have a better understanding of your needs.
We work with a wide range of clients and requirements. Check out some of our Case Studies to get a better understanding of our past experience.
When you decide to work with us, you’re choosing to hire a specialized team of individuals employed by the worldwide leader in real estate services. You are getting an amazing two-for-one deal (who doesn’t love that?), by engaging women who are keenly attuned to your unique needs while also gaining access to the resources, backing, and credibility of the best service provider in the industry.
We are inspired by the idea that there is a different way to approach and sell real estate. There is a growing sector of the business community that is not being properly serviced, and we feel we have the unique skill set to create a service tailored specifically by women. As women in the industry, we saw the impact the process has on people, and we’ve learned how to navigate different aspects of the industry successfully. We want to help guide others through this experience using our proven method.
We act as your guide through the real estate process just as you move through a building’s lobby to get up into your space, so too would we help move you through the real estate process to find you a new home. Today’s modern lobbies are being designed as transcendent spaces, open and airy in nature. We want our process also to be reflective of that.