Market intelligence

New York
Commercial Real Estate, Explained.

DLS explains the economics, documents, and decisions that shape a New York office lease. Written from the tenant’s side of the table.

Published studies

3 working papers

The Flatiron Building with the Fifth Avenue Building street clockNo.01Unbounded pass-throughs and an incorrectly set base yearTax EscalationsWhich tax increases can be passed through, from what base, and at whose share?The Washington Square Arch, carved stone with the eagleNo.02Compounding occupancy cost over the full lease termOperating Expense EscalationsWhich building costs can enter the pool, and which should never reach the tenant?An ornate Beaux-Arts facade, window bays in a dense gridNo.03Rent paid on square footage the tenant cannot useThe Loss FactorHow much of the rentable number can the company actually occupy?

The next questions

17 forthcoming

Lease mechanics10 studies

Operating costs3 studies

Build-out2 studies

Lease documents2 studies

Each begins with a recurring tenant question and becomes a published paper when the analysis is ready.

Start with the requirement

Relocating in the next eighteen months?

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Discovery
CONTACT

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