Just like everyone is given “One Life to Live”, at Redwood we believe that we have Just One Planet to Live On. With that logic, Redwood believes that we must do all that we can to take care of the planet. For a long time, we have offered clients of ours the opportunity to offset the environmental paperwork cost of […]

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Many tenants are pleasantly surprised to learn that they can obtain a free rent period (rent concession) when leasing a new space or renewing their lease. Usually free rent is granted and the tenant just accepts the discount and goes on happily with their transaction. However, understanding why landlords offer free rent can help a tenant navigate the process to […]

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Many buildings in New York city will charge flat rate electric for office space, especially Class “B” and Class “A” buildings. These rates can run anywhere between $2.50PSF (VERY rare) and the much more common $3.50PSF. In fact, it is safe to say that when it comes to flat-rate electric that $3.25PSF – $3.50PSF is the industry norm. So why […]

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