Founder of Wharton Property Advisors, Ruth Colp-Haber discusses Office Lease Renegotiations during the COVID-19 pandemic with the Manhattan Chamber of Commerce
The world is turning on its head.
As we all know, our personal worlds and the business world are changing with head -spinning speed. Some businesses will see opportunity, but the vast majority will be adversely affected. All will need to adapt to the new reality, and find their footing quickly. Accordingly, before the scourge is over every business will need to take a fresh look at their core business plan.
In New York City, the office lease is usually a major budget item. The market will be changing. Some businesses will want to dispose of excess space. Others will want to renegotiate their leases. Whatever your needs, we are here to serve you during the duration of this crisis and provide our best advice as the situation evolves. Whether you have an important lease renegotiation upcoming, need to dispose of space, want to renegotiate your existing space or need new space, we‘re here to help.
Please feel free to contact us to tap our expertise.