The Commercial Real Estate Blog

America’s Premier Real Estate Consulting

office_space-_real_estate-_deskReal Estate Consulting is a premium service offered by some commercial real estate brokers for investors who want to strengthen their portfolio and work toward long term goals. A real estate consulting makes it possible for investors to manage their own transactions, while at the same time using the consultant as a supplemental resource for advice when needed.

Real Estate Consulting

The biggest difference between working with a real estate consultant and a traditional broker is the method of structuring their fees for services rendered. When working with a broker, they will show you an unlimited number of properties, conduct research, and structure the terms and conditions of purchase. This involves the oversight and generation of paperwork on your behalf with the understanding that they will get a large commission when the deal is done.

On the other hand, real estate consultant usually works for an hourly fee providing specific and in depth information. An experienced real estate consultant become a member of your long term investment team. They may offer lower commissions in exchange for being paid hourly throughout your purchasing or selling process, knowing that the incubation period on major commercial real estate deals can take up to a year or more.

Long Term Planning

Most commercial real estate buyers are investors who are working toward a future goal. Typically this will require having a well rounded portfolio of properties and a team of successful real estate experts to bring everything together. Real estate consulting is just part of this package. Your selected real estate consultant will be expected to know the ins and outs of your current properties, as well as setting a course for your next purchases. Their responsibilities are often greater than those of a typical broker and you will want to keep them on board to ensure you are moving in the right direction.

Supplemental Services

Some investors feel they are capable of handling showings and listings on their own. Real estate consulting is also useful in this situation because you can employ the help of a consultant only for the parts of the transaction you need help with. You may find a buyer on your own and strike a deal, but you will want a consultant to help you frame the contract and push it to closing. This is a good way for investors to save money by only paying for the services they really need, while giving them the most control in the negotiations.

Real Estate Consulting is a growing market as brokers seek to diversify the services and packages they offer to clients. Commercial property owners can take advantage of these services by keeping a consultant on standby whenever they are ready to make a big investment. They can also be a flexible part of any transaction, filling the gaps when you need help with the legal side of things.

Preeminent Real Estate Consulting Services

Darell Handler and the Real Estate Consulting Team at Handler Real Estate Organization provide to investors spanning America. To learn more about how they can help you complete your portfolio or assist you with your transactions, click the icon below to schedule your free consultation online – or – call 212.398.1888.

Who to Turn to For Property Development Needs in NYC

NYC Property DevelopmentProperty developers are more prevalent in NYC than are commercial real estate brokerage firms. More and more investors come to NYC and the edges of the city continue to expand. Property development firms help lay the groundwork for new office parks and retail centers. Leading property developers – like Handler Real Estate Organization – are instrumental in planning and executing the development of profitable properties throughout NYC.

Property Development

One area where property development firms excel at helping their clients is locating fresh land that is perfect for developing. This means land that is currently available, near other successful developments, and priced fairly for the market. Since many developers are also brokers in their area they are familiar with the market conditions and direction that the community is moving in for future developments.

Long Term Planning

Nothing can eat up profits faster than hiring the wrong contractors or getting caught up in failed inspections. In order to avoid these unexpected expenses, the best course of action is to hire a property development firm who already has a list of sound contractors, vendors, and resources in place. Their experience and partnerships can be a huge asset when it comes to your total bill at the end of the project. They can also help you schedule inspections along the way and research zoning regulations to ensure that everything is up to code.

Selling or Holding Your Property Development

Depending on the type of investing you like to do, you will eventually be faced with the choice of whether to sell or hold your new development. If you intend to hold onto your property, you will need to look into property management. However, if you play your cards right you may be able to buy nearby space and expand your development over time. On the other hand, if your goal is to sell, your property development firm will help you identify the buyers in your market and create a building that will perform well on the market.

A well versed property development agency can be the difference between making your new development a success or a headache. The best way to find a great property developer is to find a firm that has strong ties to the community and depth of knowledge. Firms that have already had a hand in major developments in NYC will be familiar with the process of starting a new development and bringing it to fruition.

Leading Property Development Firm in NYC

Darell Handler and the Team at Handler Real Estate Organization are proud to announce that they have expanded their commercial real estate services to include property development. Their expertise in NYC’s commercial real estate sector gives them the experienced tools and background necessary to help you launch your next investment today.

To schedule your free consultation with the leading Property Development Team in NYC, click the icon below and enter your information online – or – call 212.398.1888.

Available Office Space for Startups and Tech Firms

Office Space Natural LightingIt’s no secret that tech firms and startups are trying creative new ways to make their mark in the global marketplace. These organization need available office space to meet their growing needs. These tech firms and start ups are looking for available office space having an element of openness and creativity. This image drives their business model and builds their brand.

Selecting the Right Available Office Space

Natural Lighting

After years and years of fluorescent lighting and dingy cubicles, many modern companies are seeking to bring nature indoors. Many new companies feel their employees thrive in an environment where they can see the sun, enjoy a breath of fresh air, and not feel cooped up all the time. That’s why so many tech firms and startups are looking for available office space featuring large windows and patios. Some office spaces also have high-end amenities like an on-site gym for health and wellness. These perks show that the company is actively investing in their employees’ wellbeing.

Open Layout

In addition to the environmental factors influencing the office, tech firms and startups are known for their reliance on teamwork and group brainstorming. Gone are the days of sequestering each department into their own offices and only sharing thoughts during conferences. Many companies today are looking for available office space with a large open work areas so that their employees are encouraged to communicate and brainstorm. In some cases, this means doing away with walls altogether and keeping the floor completely open and fluid.

Branding and Advertising a Unique Identity

As much as any major corporation is known for their extravagant office space, tech firms and startups also tie a large amount of their company brand into their office spaces. Companies like Google, Facebook, and Apple are all known for their unorthodox offices. New firms are trying to jump onboard by creating an office space that people want to work in and making it a selling point to attract new team members.

There is tons of available office space throughout the state of New York. Start up tech companies on the cutting edge of technology development lead in office space comfort. They are going above and beyond to find office space with personality. The environment is both welcoming and and inspiring. Letting their employees see the outside world, form strong bonds with their teammates, and enjoy being at work instead of dreading their jobs is all a part of the new office ideal.

Marquee Office Space Availability

Darell Handler and the Team at Handler Real Estate Organization understand the unique needs of startups looking for available office space. The Handler Office Space Team will help you identify prospective locations perfectly fitting for your budding start up or tech organization.

To schedule your free consultation with the For more information, click below or call (212) 398-1888 today to schedule a consultation.

Manhattan’s Best Commercial Real Estate Firm

47539214 - new york city skyline showing the west-side in autumn.Manhattan is packed to the brim with commercial real estate of all shapes and sizes. There are also dozens of real estate firms representing commercial properties ranging from small family-sized operations to major commercial industry leaders.

Stellar Commercial Real Estate Reputation and Praise

If there’s one thing unique about Manhattan’s commercial real estate industry, it’s that many of the top brokers receive accolades from reputable real estate press publications and other major new sources on a regular basis. This is because commercial brokers are seen as the backbone of NYC, bringing new businesses  helping to grow the local economy. The best brokers in Manhattan are frequently sought out to give their opinion on coming market changes and new developments in the area. This provides plenty of material for you to peruse in search of a highly qualified candidate.

Customer Service Oriented

Not only do the top commercial real estate firms create a reputation for themselves among business owners, they also go above and beyond to supply businesses with the office spaces they really need. The best of the pack are known for making sure they offer great customer service throughout the property search. They listening intently to what the business really needs. They do not just push for the biggest deal. Business owners need a broker who is paying attention and working with them, not somebody who just wants to sign them up for the first space that’s available. In fact, the most successful brokers are the ones really taking the time to understand their client’s operations. The best commercial real estate brokers get to know the traits setting their clients apart from the competition.

Major Commercial Real Estate Deals

Naturally, if you are looking for a firm having a big reputation, you will probably start by looking at some of the major deals they have managed in the past. Most huge commercial deals make their way into the news, especially The Wall Street Journal and other national newspapers. You can often see which broker was responsible for making that $50 million transaction happen smoothly and successfully and that is somebody you want on your team.

There are plenty of ways to identify Manhattan’s best commercial real estate firms. As a hub of global trade, there is plenty of news highlighting recent real estate deals of notable size. A quick scan through the local papers will point you in the direction of some of the most successful brokers in your area.

Renowned Commercial Real Estate Team Serving Manhattan

Darell Handler and the Commercial Real Estate Team at Handler Real Estate Organization have been serving the Manhattan area for several decades. These leaders in the commercial real estate marketplace are poised to help you.

To schedule your free consultation, please click the icon below and enter your information online – or – call (212)398-1888 today to learn more about commercial real estate in Manhattan.

Is There Affordable Office Space Available in Manhattan?

Affordable Office Space Manhattan

Yes, you can find affordable office space available in Manhattan to fit your organization’s needs. If you have ever read the news about a major corporation moving into the neighborhood and purchasing a multi-million dollar office complex, you may be under the impression that the only available office space in Manhattan is reserved for the elite. There is certainly a lot of fanfare when a major deal is signed. Do not be discourage from finding Manhattan office space in your price range – it is out there.

Available Office Space

Actually, there is a wide selection of affordable and available office space throughout New York City – including exclusive Manhattan – within all price ranges and types. Having an experienced commercial real estate leasing agent looking out for your ideal office space when it become available is imperative.

The Cost of Doing Business

Depending on the type of business you are spearheading, you may require a special set of attributes in your office space. Location, visibility, and accessibility to vendors influence your selection of an office space fitting your needs. It is important to recognize that there are costs associated with these features, but you can usually find a way of balancing your wants with your budget needs. You can expect to pay a premium for corner office space at major intersections because they are prime advertising locations. However, your business may do just fine in a space that is a little less prominent while staying near the action. The same is true of first and top floor office suites compared to mid-level floors of a building.

Finding Affordable and Available Office Space

The key to finding affordable and available office space is to set your budget in advance and avoid shopping outside of your price range. Sticking to the attributes and locations accurately reflect your price range will help you stay on track. You should also know whether you are looking at Class A properties or something more like a Class C property. While you may be hesitant about seeing a property categorized as Class C, the reality is that the office space may be a viable solution for growing your business.

No matter what you are looking for, there is definitely plenty of office space to be had. Finding affordable office space will rely heavily on your ability to nail down a solid budget and have a good idea of what you are looking for. Each week new properties become available, so you may need to spend some time waiting for the right opportunity to make a deal.

An experienced broker in Manhattan has the inside skinny of prime office space that will soon be up for listing. This edge will give you the upper hand in finding affordable office space in Manhattan.

Marquee Office Space in Manhattan

Darell Handler and the Team at Handler Real Estate Organization have the talent and resources to help you locate an affordable selection of available office space in Manhattan. The Handler Team strives to locate an affordable solution for your business and make the most out of the office space you can afford.

To schedule your free consultation with Team Handler, click the icon below and enter your information online – or – call 212.398.1888.

Where To Turn When Looking For Commercial Real Estate

54337895 - portrait of business people standing back-to-back against new york

Commercial real estate is all around us, but it seems to exist in its own special universe. It’s more difficult to break into the market and find your first commercial property than typically thought. And, it’s even harder to know who to trust in the commercial real estate brokerage industry. The good new is that there has been a recent surge of new resources appearing online through social media, Commercial Real Estate blogs, and regular email subscriptions. These information resources have been designed to update investors about recent developments in the NYC commercial real estate. New investors can easily identify prime opportunities in their marketplace.

Commercial Real Estate Networks

If you are just getting started in commercial real estate, you may be looking to gain a bit of knowledge along with experience. Begin by searching out professional networks in the commercial real estate market. Don’t limit yourself only to your local market. You want to branch out state-wide – or – even nationwide to gain the broadest perspective in the marketplace.

Investment Groups

The good news is that the real estate industry is largely dependent on networking between professionals specializing in a particular field of real estate. Locating a local investment group dealing specifically in commercial properties is easy. These investment groups often have regular meetings, seminars, and other events inviting you to learn the basics from those experts in the field.

Local Government

You may be surprised to learn that your local county government holds regular real estate auctions. For the most part these auctions are made up of residential real estate, but on occasion you can find warehouses and small offices in the mix. Plus, you can typically call ahead to your county office and find out if they have any commercial real estate in the mix for their next scheduled auction.

Commercial Real Estate Brokers

Regardless of what area of real estate you are looking to make your next purchase, you will always want to have a great broker on hand to help you handle the transaction.

An experienced commercial real estate broker will help you:

  • Identify properties fitting your portfolio and goals
  • Tap into prime commercial real estate properties not yet posted on popular listing services
  • Negotiate optimal purchase agreement terms and conditions
  • Help you find a qualified inspector or appraiser
  • Close the deal!

Trying to get into commercial real estate all on your own without the help of the right team is difficult and risky. The best way to safeguard success is to start by seeking information from reliable sources, learn as much as you can from other people in your market, and get recommendations for a real estate broker who can help you structure your ventures in a meaningful way.

Distinguished Commercial Real Estate Brokerage Firm

Darell Handler and the Team at Handler Real Estate Organization are happy to help new investors in the commercial sector take their first steps toward real property investment.

To schedule your free consultation with Team Handler, simply click the icon below and enter your information online – or – speak to a real estate specialist now by calling 212.398.1888.

Your Guide To Hiring a Commercial Property Management Firm

Manhattan Office SpaceWhether you already have your own commercial property, or you are considering making your first big investment, you are probably wondering what it will take to get a commercial property management firm on board to make a profit. Without the help of a commercial property manager, you will be responsible for finding tenants, making repairs, collecting rent, and maintaining the building. An experienced commercial property management firm is one qualified to handling every duty and responsibility required to make your investment profitable.

Commercial Property Management

If you’ve never hired a property manager before, you need to begin by examining the available firms and gain enough information about them to fully understand how they work. A simple consultation with your prospective property manager will give you the chance to ask important questions about how they handle their exclusive property listings.

Discover how each prospective commercial property management firm:

  • Markets office space
  • Screens tenants
  • Negotiates the terms of leases and executes contracts
  • Provides maintenance through reputable vendors
  • Provides owner/tenant dispute resolution services
  • Documents vacancy progress reports, maintenance reports, and financial management reports to commercial property owners

Commercial Property Management Team

The next set of questions you need to ask is who they have on their team. Commercial property management is rarely a task handled by a single individual. Instead, you should want to know if they have a full time, go to maintenance team with plumbers, electricians, builders, and other services your commercial property may need. This includes experienced and reputable contractors for build outs and renovations. Make certain they have a solid team of licensed professionals, marketing experts, and brokers.

Cost of Commercial Property Management

Lastly, you want to know what fees you can expect for the commercial property management services you are receiving. Fees are often set as a percentage of the total rent collected on your behalf.

However, there may be additional:

  • Finders fees
  • Legal fees
  • Maintenance fees
  • Dispute resolution fees

A estimate breakdown of the expected monthly costs associated with managing your property should be available based on the size, type, and location of the property.

Commercial property management is an important aspect of making your office space quickly turn a consistent profit. Taking the time to evaluate your options based on:

  • The processes a prospective firm has in place and ready to implement
  • The experience and professionalism of team they have comprised built
  • The proposed fee structure proposed by the firm will give you a good place to start

With their experience and assistance, a leading property management firm will be able to keep your office space occupied with reputable tenants and in good condition long term.

Outstanding Commercial Property Management

Darell Handler and the Team at Handler Real Estate Organization are renowned in NYC for providing distinguished commercial property management services to property owners. The Handler Team specializes in managing office space in Manhattan. The Handler Team is prepared to manage your real properties and ensure a positive experience for both landlord and tenant.

To schedule your free consultation with the Handler Commercial Property Management Team, click the icon below and enter your information online – or – call the office directly at 212.398.1888

Find a Firm That Handles Owner Representation

39395927 - top view of handshake of a real estate agent and a client.If it’s time to list your commercial office space for sale or lease, you should first take time to find a real estate firm distinguished in owner representation. The Handler Organization work diligently to represent your interests in any real estate transaction. An experienced owner representative will have a renowned reputation for protecting and growing your real estate interests.

Owner Representation

Owner representation is a specialized service aimed at helping commercial property owners achieve their organizational mission. Whether it is a sale or a lease, the owner representative will work to market the property effectively by negotiating the most favorable terms. This may even extend into lease planning for multi-unit shopping strips and office spaces. Only a leading representative will be able the ensure the owner receives the greatest amount of profit out of every available space. Placing the right occupant in a workable space matching the size and needs of the business is of utmost priority to boost profits for both the tenant and the owner.

Benefits of Owner Representation

The greatest benefit of bringing about a real estate firm specializing in owner representation is knowing you have someone on your side. Some firms want to double dip. Double dipping occurs in situations when the agent represents both the tenants and the owner at the same time. This can obviously lead to conflicts of interest. It is difficult for a reputable agent to equally represent the interests of both owner and tenant. A double agent cannot possibly negotiate on your behalf and on the behalf of the tenant at the same time. To make sure you are getting the best deal, stick with a firm specializing in owner representation.

Deciding Upon Owner Representation

You’ve decided to hire an owner representative to manage and enhance your commercial real estate property interests. Your next step is to a leading and reputable owner representative. Most commercial real estate agencies may hold themselves out as a owner representative, however, they lack the experience and referrals.

  • Schedule an sit down interview with each prospective owner representative
  • Ask probing questions about their experiences with exclusive property listings similar to your real estate holdings
  • Inquire into their most recent accomplishments in owner representation
  • Discuss their protocols for occupying office space
  • Ask them to explain their documentation and reporting procedures to clients

This specific information will give you a good idea of what kind of service you will be receiving from them when you hand over your property interests for them to handle.

Prominent Owner Representation

Darell Handler and the Team at Handler Real Estate Organization are proud to provide distinguished owner representation of marquee investment properties. To schedule a free consultation with leaders in owner representation in New York City, click the icon below and enter your information online – or – call the office directly at 212.398.1888.

Available Office Space in New York

Having trouble finding available office space in NYC? Consider enlisting the help of a commercial real estate broker to make the search easier. The Team at Handler Real Estate Organization have the networking ability to find you the best space in the least amount of time.

office-space-leasing-nyc_copyOffice Space in New York

Available office space in New York is a hot commodity. Fortunately, real estate brokers who specialize in commercial properties typically know what is coming and going before the deal actually happens. Commercial brokers generally have a large network of clients and fellow real estate professionals who keep their eyes on the market at all times.

Professional Networks

Oftentimes, when one client is thinking about moving locations, their broker is already trying to find a new tenant to take over the space. This means they know of available office space before it is even open to the public for viewing. New leases are oftn signed without the property ever being formally listed. In order to get in on this information, you must have a commercial broker on your side.

Budget Wise

Not only can a real estate professional help you locate currently available office space, they can also help you narrow down your search based on your budget. If you have never shopped for office space before, you may not know exactly what you are getting into. A commercial broker can take the numbers you have and help point you in the right direction. They can also help give you a more realistic expectation of what real estate is currently going for in your desired locations. This is helpful if you are unsure of where to begin looking, or if you don’t know what kind of budget you will need to get your foot in the door.

Scheduling Showings of Available Office Space

You may be disappointed to find that some commercial office spaces don’t make much of an effort to schedule viewings of their space with individuals. Some people will only work with licensed brokers because they are confident that those brokers will be professional and won’t waste their time. Hiring a commercial broker will get you into those properties, but it will also streamline your shopping process as they can schedule multiple viewings in a single day so you can look at all of the prospective locations and make a decision accordingly.

There is plenty of available office space in New York year round. They key is being able to pinpoint the right space at the right time. A commercial real estate broker can help you do this by getting you the inside scoop on fresh properties coming available and helping you narrow down your hunt. They will also be able to arrange for you to see the properties on a schedule that works for you.

Available Office Space in New York

Darell Handler and the Team at Handler Real Estate Organization are top commercial real estate brokers in New York. To learn more about available office space in your area, click below or call 212.398.1888 today to schedule a consultation.

3 Tips When Dealing With Landlord Tenant Disputes

Landlord tenant disputes always put a damper on an otherwise lucrative lease. Unfortunately, there is no good way to avoid disputes completely. The key is to deal with them quickly and effectively before the issue gets out of hand.

property-management-nycLandlord Tenant Disputes

Here are a few tips for dealing with landlord tenant disputes when they do happen.

  1. Don’t Avoid the Issue – For some reason it seems very common for one party or the other to stop responding altogether when they realize there is a problem. If a tenant is legitimately complaining about a repair that needs to be made to the property, you need to be proactive about resolving the issue. If you become unwilling to communicate with them, they will assume that you are trying to take advantage of them. This may force them to attempt a fix on their own or to withhold rent until the problem is fixed, thus exacerbating the issue. Keep communication lines open and let everyone know how you plan to handle the problem.
  2. Be Informed – Some of the most common landlord tenant disputes tend to come out of one party not knowing the actual terms of the lease. Keep a copy of your lease on hand and available. Double check your responsibilities to the other party and the property. You may find that you are liable for certain repairs or maintenance in the lease terms. Don’t jump the gun until you make sure you have done your homework.
  3. Get Help – While it is not recommended that you go straight to the courthouse with your landlord tenant disputes, you can seek the help of outside counsel in the form of an experienced property management firm. If your lease was handled by a property management firm in the first place, they will likely have a good understanding of what the terms are, and where each party stands. They can provide a safe and productive meeting space in which both parties can voice their concerns, and can even make recommendations for a resolution without allowing the discussion to get heated.

No matter what the subject of your dispute, the most important thing is that both parties are actively working toward a solution.

This is best done by:

  • Communicating openly about the situation
  • Recognizing any new developments
  • Keeping records of communications for future reference
  • Making sure that both parties understand their responsibilities per the lease

If it is difficult to communicate directly, a property management firm may be able to help by framing the discussion and making suggestions for positive resolutions.

Property Management Firm Handling Landlord Tenant Disputes

Darell Handler and the team at Team at Handler Real Estate Organization are happy to assist you with handling any landlord tenant disputes. Not only can they handle correspondence themselves, but they are proactively screening out bad tenants to avoid as many disputes as possible. For more information click below or call 212.398.1888 today.