Phase two of relocating to your new Manhattan office lease.
3: Space Survey
Your Norman Bobrow & Company representative personally supervises and prepares a comprehensive and current search of all appropriate space availabilities. Our space research is reliable, professional and detailed. Every appropriate building and space is submitted to you with all the facts, photographs, brochures, floor plans, building locations and features.
4: Space Inspections
We preview all spaces before you. We arrange space inspections for you at your convenience.
5: Financial Analysis
Based on estimated acceptable terms, carefully prepared occupancy cost projections are produced for each of the buildings that you select from the space survey and subsequent space inspections. Each analysis includes base rent per foot, loss factor, electrical costs, tax and operating escalations, free rent/construction time, construction costs, lease buyout (if any), cleaning expenses (if any), overtime service cost, net present value calculations, annuity calculations, comparison to the alternative buildings, and any special considerations for a particular building of interest.
Of special importance is the analysis of lease renewal (or relocating to another space within your building). This is frequently the sensible, easiest and most cost effective solution.
6: Negotiation(s) of Business Terms
At this stage, the top space contenders are selected. Offers are submitted and proposals are obtained from each building of interest. The responses are progressively analyzed and further negotiated to your advantage, and in accordance with your needs. The number one choice is then chosen and another round of detailed clarification of terms is done.