CLIENT'S SPEAK

"Thank you very much for the other referrals you provided including architects, space planners, movers, and used furniture dealers. You saved us a boatload of time and money."
Sundance Institute

"Thank you for introducing me to the concept of an executive suite. When most brokers I had spoken to were trying to convince me to lock into a long term lease, you showed me the benefits of being in a managed Executive Suite. I now rent space on a month-to-month basis and couldn't be happier!"
Delta Private Equity Partners

Frequently Asked Questions

What is the advantage of a Managed Business Center/Executive Suite relative to a Traditional Office?

The executive suite/business center has many benefits and they include:

Flexibility of length of term Month-to-month option.

Flexibility of size - Easily expand or reduce space.

Plug and Play - You can literally move in today.

Share Office staff - Administrative and Technical support can be on site. Don't waste space dedicated to underutilized conference rooms and pantries.

Avoid legal fees Negotiating a lease with the Landlord's attorney will force you to incur substantial legal fees and can run you $2,000-$12,000. Instead of a complex lease, you sign a simple straightforward license agreement.

CapEx Avoidance - Avoid paying construction costs to alter or build out a space and purchasing office furniture.

Lower Security Deposit - Expect a significantly lower security deposit than a traditional office space.

What is the difference Between an Executive Suite and Managed Business Center?

Nothing the terms are used interchangeably and have the same meaning. They are different terms used to describe a relatively recent real estate concept in the United States.

What is the difference between a Traditional Office and an Executive Suite/Managed Business Center?

An Executive Suite/Business Center provides all the typical benefits of a professional office building but with many of the flexibilities and conveniences. The Executive Suite/Business Center is ideal for the tenant that looking to be in an office building but does not have a need for renting out an entire floor and demands greater flexibility and convenience.

Do we ever have to pay a fee to NY Office Search?

NEVER!

What is the advantage of a Traditional Office relative to a Managed Business Center/Executive Suite?

Tailored Business Terms - You can lock-in business terms over a much longer period.

Higher Security for servers and technology systems - You can have your own secure dedicated server room - a must have for hedge funds.

Prominence - Have a more prominent identity with the name of the business on the door.

Economics - If you have more than 5 employees and know your space needs over a term longer than 3 years, this will likely be a less expensive option.

Tailored installation - Depending on your credit, a Landlord may agree to build you installation to your specs.

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Clients