Empire Movers Blog
News: Office moving trends in New York
September 1, 2010
As an office moving company in New York we know that the average office leasing transaction has fallen to just 5,700 square feet. That’s a roughly 50 percent drop from the peak of 10,500 square feet in 1997, according to data the CoStar Group provided to The Real Deal.
This means more shared offices and open floor plans, and far fewer rooms of one’s own.”It affects what the recovery looks like — it’s fueled more by smaller tenants and less by large,” said Josh Scoville, director of U.S. research at CoStar.
In this shaky economy, these smaller companies also have the upside of moving to spaces prebuilt by the landlord rather than shelling out tenant improvement dollars. That’s adding 10 to 15 percent more in “prebuild costs” for Kaufman’s buildings. The extra investment funds more glass, nicer light fixtures and even granite countertops in kitchen areas to lure good tenants.”
If you need help for your office move in New York, no matter if you are moving into a larger or smaller place we are the office moving company in NY to call. Our expertise in office moving recommends us for the most special NY office moving activities.
(source: article from TheRealDeal.com)