The commercial real estate market is solidly on the rise, and we’ll be honest with you -- a hot market is not great for tenants.
This guest post was written by Allie Danziger of Integrate. Integrate is an award-winning agency that stays true to traditional public relations roots while integrating the limitless strategic potential and power available with direct communication via engaging social media, community partnerships and clever marketing. They thrive on teamwork, strategic coordination of marketing efforts, unifying messages, and harmonizing your brand's voice across multiple communications channels.
Most companies are skeptical about such a large security deposit, but it really boils down to whether or not you have a track record (3 to 5 years) of generating a profit. If so, landlords are more open to negotiation, and security deposits can be lowered to the equivalent of around 6 months rent.
This week we are featuring Connectivity, a forward-thinking and fast-moving b2b technology startup providing customer intelligence solutions to businesses. Their passionate and inventive team is helping other growing businesses provide the most value and best services to a targeted audience, through allowing these businesses to truly understand users, behaviors, and solutions. Growing quickly, it was time to revamp the office at their Los Angeles location. The Connectivity team partnered with Homepolish and talented designer Allison to redesign the space. They collectively transformed Connectivity’s open industrial space into a warm, casual, and inviting workplace.
Even as experts in the commercial real estate space, leasing office space is no simple task. There are many complicated processes to undergo and terms to understand along the way to brokering the perfect deal. Below are several commonly misinterpreted and misunderstood terms that are beneficial to know to ensure you are getting the deal you want, and avoiding the hidden fees and agreements often overlooked or masked in the commercial leasing process.
This week we are featuring Zendesk, a San Francisco based tech company revolutionizing the way businesses handle customer service. One of the first members of San Francisco’s Mid-Market neighborhood, Zendesk is expanding quickly. The team’s new office is it’s second location on Market Street, creating a mini (professional) campus atmosphere in the area. The team at Design Blitz is responsible for the design of the fun and funky space, incorporating features such as see-through meeting rooms and an auditorium-like communal / collaboration space. The new building not only serves as a headquarters for the Zendesk team, but also opens its doors to the public to be used as a meeting and shared space for local businesses, entrepreneurs, and residents alike. This modern workspace is located at 989 Market St. in San Francisco.
With Thanksgiving just past, the holidays are finally here, and it’s time to start planning! Though holiday parties are typically seen as something only large corporations do, entrepreneurs and small businesses shouldn’t let this time go to waste. Entrepreneurs can host a holiday party to fortify their company culture, boost employee morale and increase brand awareness in the community.
We all know the feelings of being overwhelmed, distracted, and unable to concentrate. There are times when too many projects are on our schedules, and our attention is pulled in every direction. We are distracted by our phones, emails, Twitter, even bosses calling across the room for help on a project. Colleagues interrupt your workflow. We need to update, check in, post, or ping, and we need to do it now!
This week we are featuring the newest flagship LEGO store in New York City, recently opened this Fall in the middle of Manhattan’s Flatiron District! Located at 200 5th Avenue between 23rd and 24th streets, this fun-filled mega-store is an impressive 3,500 square feet (and this week’s RETAIL space of the week #RSOTW)! The Danish company has other flagship locations in Minnesota’s Mall of America and Disney’s Florida and California parks, but it is astounding and a monumental (yes, pun intended) feat to open such a large retail establishment in one of NYC’s busiest, in-demand and flourishing neighborhoods. From inspiring window displays to oversized murals and structures inside the store (obviously completely made of LEGOs), it is a fun scene to walk by if you are one of the lucky start-up employees (or tourist or really anyone happening to pass by) that also meanders through NYC’s Silicon Alley.
As a growing business, with a lot of moving pieces and constantly-changing variables, signing a multi-year lease can be a daunting thought. It can be difficult to find a short-term or flexible lease (especially in a hot market), so deciding to commit to a lease should be well thought out. To better understand why the shorter term options are scarce, we need to consider the transaction from the Landlord’s point of view.
Work work #werk. As employees, if you break it down to the basics, our weekday lives are relatively similar. We wake up, go to work, come home, sleep, and repeat. Scrutinizing this routine down to the nitty gritty details is what makes us unique, and sets each individual employee apart! We all end up at our respective offices... but what are our pre- and post-work rituals that define our days and our successes, in and out of the office? As entrepreneurs, are most of us night owls, working late into the night surrounded by glowing screens and takeout boxes? Or are early-risers and morning gym-goers more common, getting an early and productive start to a long day? With work on our minds 24/7, how do we actually disconnect from our day jobs and have lives outside of the office? A couple of entrepreneurs share their daily rituals and routine tips for success.
This week’s Office Space of the Week is LA-based Laurel & Wolf, interior design slash tech startup. This cool and creative team needed an inspiring space to compliment their own original and inventive spirit. The office is located in sunny Los Angeles, in West Hollywood's Design District. It is in an older building, which has a history of designer occupants. The complex is called Almont Yard and has inspired the creative juices of several well-known names in the design world, including Kathryn Ireland, Nathan Turner, and Peter Dunham. The Laurel & Wolf team have a mission to bring design to the masses, providing an extraordinary service with a DIY twist. They believe that incorporating design and beauty into one’s surroundings is important in every aspect of life, and that includes creating (their own) smart and sleek office! #GetYourDesignOn for #OSOTW!
One World Trade Center, after many years of anticipation and waiting, is finally open! Also known as the Freedom Tower (but officially One World Trade), this superstructure is the tallest building in the Western Hemisphere, and the fourth tallest in the world - topping out at 94 stories and 1,776 feet! The final spire was added in May 2013, and completed the shell of the building that memorializes the original World Trade Center complex that fell during the attacks of September 11, 2001. Construction originally began on April 27, 2006, and this iconic building officially opened its doors to tenant companies just a couple days ago, on Monday November 3rd.
Did you know that searching for office space can be exciting? Your business is growing or in need of its first corporate address and you get to build a brand new environment for your company and team. However, the search for commercial real estate also has its own unique quirks and obstacles. It is definitely not an easy task to navigate, whether its your first or tenth time looking for a new office space.
New York City is known for it’s bright lights and late nights, but who knew that this city also had some haunting history? Let’s explore some of NYC’s spookiest spots. Maybe you’ve even frequented some of these famous locations… or maybe it’s time to!
This week’s Office Space of the Week is LA-based creative studio Hutch Media. With offices in both Los Angeles and New York City, this cross-country collaborative team of creative minds needed inspiring spaces to compliment their energetic and innovative spirit. The studio they took over in LA is on the Raleigh Studios lot which had previously been the creative studios of two extremely well-known talents, Charlie Chaplin and Walt Disney. The team recruited the help of Laurel & Wolf designer Gabrielle Lazaros to create an inviting and invigorating atmosphere that still reflected the unique and inspiring history of the space. Gabrielle took the raw studio in the heart of Hollywood, along with the vision of the team, and made the space a vibrant and welcoming professional space for this creative group.
At a startup, the earlier someone joins, the less defined his or her job is bound to be. The title of the founders, in fact, is bound to be the most inexact.
Two years ago, photographer Brian Rose discovered a collection of undeveloped negatives of New York’s Meatpacking District. He had taken the pictures nearly three decades earlier, but the project had been abandoned and remained unfinished and untouched in a box in his archives. When finally developing the images, Rose was inspired in a way he had never imagined when originally taking the shots. The images portrayed a neighborhood now defined by luxurious pleasures, a playground for the affluent, the Meatpacking District. These images reflected a time when the neighborhood’s name still reflected its pragmatic purpose. They show a New York that is nearly unrecognizable to those who were not here in the 1980s - a bare, dreary section of Manhattan which was deserted daily after slaughterhouse workers had completed the day’s butchery. Rose decided to revisit the Meatpacking District last year, recapturing the setting and the dramatic transformation of this history-laden neighborhood. His book, Metamorphosis: Meatpacking District 1985 + 2013, shows significant changes between this iconic neighborhood’s industrial, blue-collar atmosphere of the 1980s, and the feeling of wealth and indulgence it exudes today.
Horizon Media, the largest U.S. independent media services company where “business is personal,” needed a new NYC office space to deal with rapid growth and expansion. Previously, New York employees had been working in three different buildings, on 9 different floors, all within a 10 block radius. This disconnect just wouldn’t do!
Whether working in or out of the office, our team is always prepared for any last-minute surprises that arise throughout the day. Providing both an online and offline service, we are constantly on the go. Our mission is to help business owners and entrepreneurs easily navigate through the jungle that is the commercial real estate leasing process. And although the search for an ideal office space starts online with our easy-to-use search tool, eventually businesses also need to physically view their options. One of our knowledgable space advisors shows the spaces that are specifically matched to a company’s needs, and to do this easily and successfully, they need some tools to streamline the process.
This week’s Office Space of the Week is LA-based, positive and peppy online community, HelloGiggles! With a quickly growing user-base and bold / brilliant brand, HelloGiggles needed a bright and creative space to compliment their ever-energetic and enthusiastic team and product. They recently moved into an airy and open space in Los Angeles, and recruited the help of Homepolish’s Creative Director Orlando Soria to create the perfectly relaxed but still super inspiring vibe. He took the raw, sunny space in Downtown LA and made it a vibrant, welcoming, and professional space for this creative team.
As a small and active team of hustling entrepreneurs, it’s not always easy to keep track of what projects everyone else is working on. Our roles are all so different! Especially as a small team each trying to hit a number of targets and each wearing a never-ending closet of hats, each employee has to bring a unique set of skills to the group. Projects and to-do lists and work-streams are constantly overlapping and intertwining, but our individual skill-sets are extremely different. Stand-ups for a team like ours, a team made up of developers and designers and marketers and brokers and leaders, are focused more on company-wide goals. We each bring up projects that may be particularly interesting to the group or that we could use help with, but generally try to steer clear of listing out our tasks for the day or week.
This week we are featuring TripleLift as our New York Office space of the Week (#OSOTW)! TripleLift is a New York based tech company who is providing the “advertising solution for the visual web.” This creative and innovative team needed an office that looked amazing, while still allowing TripleLift employees to work efficiently! They transformed a bright, open loft in the Flatiron District, combining the unique visions for the space of TripleLift co-founder Shaun Zacharia and Homepolish designer Tina Apostolou. Their vibrant and inspiring space is located at 36 West 20th St, in the Flatiron District aka Silicon Alley in NYC.
New York City can be a tough landscape to navigate. Even as a non-newbie, my inner space-cadet still comes out once in a while and I find myself a little lost in the complicated sea of city streets. Especially in the non-grid neighborhoods, like the Financial District or the West Village, I’ll be walking down Bleecker Street heading to Magnolia Bakery for some delish banana pudding or possibly one of their famous red velvet cupcakes, make a wrong turn, and end up downtown surrounded by skyscrapers and completely out of my element. Having zero sense of direction has been a blessing in disguise though, because I am always exploring and discovering some new nook in the city that I never knew existed (even if these detours are usually an accident)! New York is a city oozing with history, each street and neighborhood daring you to discover its secrets and the tucked away gems that make it unique. Let’s explore some of the history behind NYC’s most famous streets to get a little background on the ever-evolving concrete jungle.
According to coffee.org, we’ve come up with a ridiculous number of ways to refer to coffee. These range from the well known “cuppa joe,” “java,” and “wake-up juice,” to the lesser-known stranger slangs… including “worm dirt” and “C8H10N4O2,” the latter being the molecular formula for caffeine. However you refer to your morning cup (for example, my morning coffee is my special savior from zombie-dom / crankiness), you’re (obviously) not alone in starting your day with an aromatic go-go juice. Let’s explore some surprising coffee stats, as well as the most caffeinated (read: cracked out) offices.
At Karma, we’re all about office independence—the ability to work where you want, how you want, without the restrictions of traditional office WiFi. We make a personal, portable WiFi device that takes everything that sucks about your big Internet providers (nonexistent customer service ball-and-chain contracts, surprise fees) and throws them out the window. We love our office in NYC. We have an awesome view of downtown Manhattan and the coffee never runs out. But sometimes, you just have to pack up your laptop and your Karma and get out of the office for a breath of fresh air. We’ve compiled our list of our favorite places to work outside the office.
This week we are featuring Yipit as our New York Office Space of the Week (#OSOTW)! Yipit is a New York based tech company aggregating and promoting the best daily deals in many cities, including offers across a variety of industries! Fitness fanatics and foodies (and even thrillseekers - Yipit can find you deals to go SKYDIVING!) alike can find exactly what they’re looking for, at an amazing discount. Previously, the team had worked out of General Assembly, when this innovative education slash tech company was also a coworking hub in NYC. The founders of Yipit, Jim Moran and Vin Vacanti, wanted their new office to be just as collaborative and laid back as a shared space like GA, so they teamed up with McGarvey Robinson Design to create a relaxed but still inspiring space. Their unique office is at 3 West 18th St. in the Flatiron District in New York.
We see it every day. Clients come through our system, browse for availabilities that match their space criteria, inquire on these spaces and then once we chat with them, it becomes apparent that they have spoken with several different brokers and in many cases, have toured with more than one.
This week we are featuring the joint NYC offices of Memoir and Estimote, two extremely cool and forward thinking tech startups in New York’s Silicon Alley. The space was decorated by the talented designer Danielle Arps who wanted to design an office that reflected the innovative personalities of both groups, while maintaining a cohesive theme and energy throughout the space. Their vibrant and enchanting shared office is located on 19th St. and Broadway, amongst many other startups in the creative industries, in the Flatiron District.
Unless you’re a remote worker or you’ve decided to stay home “sick” today, we all have to get our half-asleep, don’t-talk-to-me-until-cup-of-coffee #2, bodies to work somehow. Do you take the subway and then walk? Or is your normal routine to take the morning commuter train and then bike to your New York office? Regardless, a commute is part of every employee’s day, so let’s take a look at the pros and cons for each form of transportation available in NYC: