1. It is really unusual to have the tenant pay the commission. 2. Make sure you know all of the costs you will be responsible for paying and what those historical costs have been. 3. http://www.theleasedoctor.com/ will do a thorough lease review for you at $395
Alos check our my website http://www.officefinder.com for more tipos and suggestions. On Tuesday, March 27, 2012 12:10:48 PM UTC-7, Natalie wrote: > > Hi everyone, > > > Okay, my first post disappeared. I'm not sure why. Apologies in > advance if it resurrects itself. I've been reading this forum for a > few weeks. It's incredibly informative. Nonetheless, I find myself in > a situation, and I can't find an exact answer. My partner and I are > about to commit to a commercial space in Brooklyn. Here's the offer: > > > 2,500 sq ft > > $3,800 with 2% increase (good for the area) > > 2 month abated rent > > But, we have to pay broker fee ($3,800), so it's like we're getting > one month abated rent. > > 5-year lease (This seems good because the owner can't quickly jack up > the price until it's time for renewal.) > > > > Here's the catch. The owner wants us to pay the property taxes, which > are $500 a month. Is this very unusual? We may be able to lower the > rent to compensate. The realtor also said that this rent will not go > up if the interior design makes property value go up. (I'm also > curious about occupancy tax. I read about it in this forum and wonder > if we will need to pay it.) > > Lastly, he wants us to pay property insurance, but I think this just > means general liability, which we have to do any way. > > Do you guys use lawyers when signing the lease? If so, any > recommendation from New York area? > > Any suggestions/comments welcome! > > Thanks, > Natalie and Cody > > -- You received this message because you are subscribed to the Google Groups "Coworking" group. To view this discussion on the web visit https://groups.google.com/d/msg/coworking/-/0i2VMApz2BMJ. To post to this group, send email to coworking@googlegroups.com. To unsubscribe from this group, send email to coworking+unsubscr...@googlegroups.com. For more options, visit this group at http://groups.google.com/group/coworking?hl=en.
