Top 10 Real Estate Events to Attend in NYC 2017

Top 10 Real Estate Events to Attend in NYC 2017

Top 10 Real Estate Events to Attend in NYC 2017

New York City and real estate are practically synonymous, and this is THE place to be if you work in the industry. It’s an exciting time to be a real estate professional because technological developments and new sustainability demands are changing the way buildings are bought and sold. That’s why it’s more important than ever to stay up-to-date on industry trends and network with other professionals to serve your clients in the best way possible.

In this article, we’ll highlight the top 10 real estate events taking place in NYC this year, including details of each conference and the keynote speakers.

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Top 10 Real Estate Events to Attend 2016

Real Estate Events in NYC 2016

If you work in real estate, either commercial or residential, you know this industry is all about being connected to the right people and keeping up with the latest trends. Lots of real estate conferences and events take place in New York City every year and are worth attending to say competitive.

Here are ten real estate events to check out right here in the city in 2016!

WORKTECH16 NEW YORK – May 26-27, 2016

Workplace New York 2016Real estate and technology professionals will come together at the Convene Conference Center to feature 250 senior industry professionals to share their expertise. This is a great event to attend for anyone interested in the future of work and the future workplace.

US Real Estate Opportunity & Private Fund Investing Forum – June 13-14, 2016

IMN

 

 

 

 

 

 

 

This IMN conference celebrates its 17th year in 2016 and is a great one to attend for asset managers, developers, funds, LPs, service providers, and special servicers to discuss the latest trends and developments. Last year’s conference featured over 800 registrants, a keynote address from Dean S. Adler of Lubert-Adler Partners, L.P., and an industry-leading speaker faculty with over 90 LPs and GPs.

Emergency Response for NYC Residential Buildings – June 15, 2015Argo Real Estate
Not every real estate event is about networking and growing your business; some events are about protecting the people who use your building and ensuring their safety. Held at The New York School for Social Research, Argo Real Estate will be hosting this event about important topics that we should all be prepared for. The president of Realty Advisory Board On Labor Relations will be here to discuss potential threats and how NYC buildings can prepare for them.

4th Annual NYC Workplace of the Future Event – June 21, 2016

4th Annual NYC Workplace of the Future

As any commercial real estate professional will tell you, the modern workplace is changing at a rapid pace. Check out this event to learn about new design trends, the real estate needs of startups, and the impact on office leasing. MaryAnne Gilmartin, president and CEO of Forest City Ratner, is scheduled to be the keynote speaker alongside an all-star list of panelists.

Queens Real Estate Expo – June 21, 2016

QCCREE Real Estate Expo 2016

Another real estate event in New York on June 21 is the Queens Real Estate Expo at Terrace on the Park. Come to this event to hear the biggest names in real estate talk about the explosive growth happening in Queens right now and connect with local companies exhibiting their products and services. All areas of commercial and residential real estate will be discussed, including topics of energy, transportation, and technology.

NYC Real Estate Expo – September 29, 2016
NYC Network Group

 

 

 

 

 

 

This event comes to NYC for the eighth year at the New York Hilton Midtown to bring together commercial and residential real estate professionals for a day of panel discussions and networking. There will be over 4,500 industry leaders in attendance, as well as 150+ exhibitor booths and high-level presenters to get you up-to-speed on New York City’s real estate market.

2016 CREW Network Convention & Marketplace – October 19-22, 2016

Crew Network

 

 

 

 

 

 

 

This New York Hilton Midtown conference provides commercial real estate professionals with an opportunity to attend educational lessons, leadership training sessions, and speaker series over three days. It’s one of the best business development conventions in the city all year.

2nd Annual Tri-State Institutional Real Estate Investor Forum – October 26, 2016
Markets Group

Unlike many other real estate-related events in NYC, this one is just for investors. It takes place at the Harmonie Club and features educational panels and collaborations with senior investment officers at leading regional pension funds, foundations, and investment consultants.

PERE Summit New York – November 15-16, 2016

PERE Summit New York 2016

 

 

 

 

 

 

Also at the Convene Conference Center in New York, this is a leading private equity real estate conference that is coming back to the city for the 11th year. This is an ideal place to discuss the future of private real estate with the biggest GPs and LPs, with lots of networking events and opportunities for winning deals and investments.

New York National Deal Making – December 5-6, 2016

ICSC National Deal Making NY

Real estate is all about making and closing deals, and this convention is aimed at facilitating new deals among owners, developers, retailers, brokers, lenders, municipalities, property asset managers, and product and service providers. It takes place at the Jacob K. Javits Convention Center, and you can follow @ICSC on Twitter to keep up with the latest news and event updates.

Preparing for a CRE Conference in NYC

Some real estate professionals attend conferences on a regular basis, while others only every few years or so. If it’s been awhile since you’ve gotten into “conference mode,” it’s a smart idea to understand how your particular conference will be organized so you don’t miss out on important opportunities.

Here are a few tips for preparing for your next real estate conferences in NYC.

  • Choose a few sessions and workshops you want to attend before arriving
  • Sign up for event email alerts to receive notifications about important updates
  • Plan to attend as many networking events as possible to connect with industry pros
  • Dress to impress!
  • Take lots of notes and consider blogging or posting on social media to share your experience
  • Schedule in some downtime to explore the city and avoid conference burnout

Temporary Office Space Solutions

Just because you’re attending a conference doesn’t mean that your daily workload comes to a halt. Many busy real estate professionals need to keep up with their work even on conference days, which is why temporary office spaces in NYC are so popular.

NYC Office Suites offers furnished, equipped, and staffed ready-to-use Manhattan offices in Midtown New York with a variety of office configurations available. Contact us before your conference to chat about our rates, membership benefits, and flexible contracts.

Real Estate Events Worth Traveling For

In New York City, we like to think of ourselves as the center of the universe, and in many ways we are! However, there are so many conferences and events in the real estate industry all around the world if you’re willing to hop on a plane to check them out.

These are a few of the exciting real estate events worth traveling for this year.

Commercial Subleasing: Pros, Cons & Misconceptions

commercial subleasing pros and cons

A signed agreement between tenants that governs the occupancy of a commercial space is known as a commercial sublease. Unlike a traditional lease arrangement, a commercial sublease creates an obligation between the original renter and a new tenant looking to occupy that space. Meanwhile, the original renter’s contact with the property owner remains valid.

This is a popular option for renters who need to vacate a property before the lease term has ended, as well as renters who determine that they don’t need or can’t afford the full space they originally moved into. If you’re looking to sublease office space, it’s important to understand the common misconceptions about this arrangement, as well as subleasing’s pros and cons and the key components of a sublease agreement.

Misconceptions about Commercial Subleasing

One common misconception about signing a commercial sublease is that the terms of the original lease agreement no longer matter. However, it’s important carefully review the sublease and the sublessor’s original lease. Never make a deal with a sublessor who won’t show you the original lease. Those looking to sublease a new space should also ask to see a copy of the sublessor’s audited financial statements.

Another misconception is that the landlord doesn’t need to be involved in a sublease transaction. Although this may be the case in some instances, other commercial leases require the original tenant to get the landlord’s approval before moving forward with a sublease arrangement. Not every lease allows subletting.

Pros of Commercial Subleasing

Commercial subleasing is an attractive option for many tenants because of relocation needs, extra space, and budgetary restraints. These are some of the pros of commercial subleasing to consider.

  • Easier to quality for than a traditional lease
  • More affordable for businesses on tight budgets
  • Allows businesses to start with a small space and expand as the business grows
  • Often able to utilize onsite administrative support in shared spaces
  • No need to worry about upgrades and build-outs
  • Costs often include amenities like Wi-Fi and alarm systems
  • Increased opportunities for networking with other onsite businesses

Cons of Commercial Subleasing

However, there are some downsides to this type of arrangement that tenants should be aware of before signing a new agreement. These are some of the cons of commercial subleasing to keep in mind before making a decision.

  • Risk of inheriting unfavorable lease terms, such as hidden fees
  • Subleases can be affected if a sublessor defaults
  • Having to go through the sublessor for maintenance and repairs
  • Can be more difficult to project a “small business” vibe for visiting clients

Key Components of a Sublease Agreement

To get a sense of what is involved in a commercial sublease, take a look at the examples on Rocket Lawyer and Law Depot. It’s always a good idea to have a trusted lawyer review sublease documents before signing. These are the sections typically included in this type of document:

  • Parties
  • Original lease information
  • Terms of sublease
  • Rent
  • Security deposit
  • Notices from landlord
  • Subletting and assignment
  • Insurance
  • Condition of premises
  • Governing law
  • Severability

To learn more about commercial subleasing configurations in New York City, contact NYC Office Suites today at 1-800-346-3968 or via online contact form and get one step closer to finding your ideal space!

Flexible Office Space for Rapid Prototyping & 3D Parts Companies

Accessible 3D printing technology continues to advance quickly.  The technology is disruptive in many ways to many industries.  How the disruption plays out exactly is not even possible to predict at this time.

What is the effect of inexpensive 3D CAD printing on commercial office space in New York City? Office space providers, including office for monthly rent businesses, may find themselves host to what are essentially incredibly flexible small-scale manufacturing concerns.  Thus, the line between “commercial office” and “industrial” real estate begins to blur.

3D parts and rapid prototyping businesses may find office business centers ideally suited to this minimally invasive form of robot production.  Serviced offices are:

  • Prebuilt
  • Equipped
  • Furnished
  • Staffed

Additionally, they permit the short-term rental of scalable chunks of office (or, production) space and have extensive mailing operations and reception desk service experience.  It is easy to imagine a 3D prototype printing company showcasing its products in one flexible office, meeting with buyers in shared meeting rooms, and producing the product itself for shipping or front desk pickup.

Benefits of Renting Office Space in NYC

What are the benefits for those who rent NYC office space?  Firstly, mass personalization opens up a whole new type of office rental customer, and may allow the operator to charge a premium rent for the hosting of these specialist machines.  Secondly, 3D printers don’t use the facilities, drink (or spill) coffee, speak loudly, or distract client service representatives.

Possible Challenges for NYC Office Spaces Hosting Rapid Prototyping Firms

What are the challenges for businesses that offer NYC office spaces for rent as they host mass customization firms?

  1. Firstly, since each 3D printer puts out as much heat as a desk lamp, and also may emit vapors depending on the filament used, offices that are used for 3D prototype production where there are up to 12 printers in a 120 square foot office may but a burden on HVAC systems.
  2. Secondly, since extension cords are not permitted in New York City, the commercial office space has to be equipped with many electrical circuits and outlets.
  3. Thirdly, a full “retail store” type operation will increase traffic to a level that will be disturbing to other clients.
  4. Fourthly, while machines are good workers, they are not very personable, and community is an increasing selling factor in the flexible office business.  Fifthly, whether such a personal fabrication business is even permitted may hinge on legal matters like the exact definition of “manufacturing” in underlying documents.

The effects of professional 3D printing technology on commercial office space for lease in NYC cannot be known fully.  Providers of flexible office space for rent will have to be nimble as they assess how to monetize the trend. For any questions regarding flexible office space for your business in NYC, contact us online or by calling 1-800-346-3968.

Flexible and Virtual Offices for Smaller Budgets

NYC Office Suites Announces the Expansion of its Product Line to Include a Revolutionary and Affordable Fractional Serviced Office Product, the Virtual Office

NYC Office Suites, a leader in New York City flexible office leasing, announced the expansion of its product line to include a revolutionary, convenient and extremely cost-effective fractional serviced office product, the virtual office.

The serviced office product, first conceived in the 1980s, obviated the need to negotiate long lease terms, purchase furnishings and equipment, and hire office staff.

Daniel J. Entwistle, President of NYC Office Suites, said, “since 1988, we’ve been providing flexible, ready-to-use, furnished office space allowing companies, teams, groups or individuals to establish themselves in a very short time without the headaches or costs associated with building out space and signing a traditional lease.  We have built our franchise, by providing decades of exceptional customer service, to include nearly 500 fully serviced private offices and team rooms at our three marquee addresses.”

NYC Office Suites operates business centers at three New York landmarks: the Graybar Building at 420 Lexington Avenue; the Commerce Building at 708 Third Avenue; and 1350 Avenue of the Americas.  Each office suite is equipped with leading edge business technology and other amenities needed to function in a fast-paced environment.

Mr. Entwistle continued, “having thrived in the business for so long, we know what an economic recovery looks like.  Unfortunately, all of the signals we see remain mixed.  Despite some signs of a recovery in the New York City commercial real estate market, times remain tough for our traditional customer base.  That is why we are proud to offer an affordable alternative to not only the risky traditional lease and sublease, but also to the flexible office arrangement.  That alternative is called the virtual office.”

The virtual office product is customized according to the client’s specific needs.  Under a typical arrangement, the client is provided a menu which includes many choices including:

  • A professional mailing address
  • Mail forwarding
  • Telephone line and voice mailbox
  • Personalized phone answering
  • Personalized call screening
  • Call patching and auto forwarding
  • Lobby listing
  • Day offices (per month)
  • Meeting rooms (per hour per month)

In its most basic form, a virtual office package is available for $1.50 per day.  Clients may rent a fully furnished office inclusive of phones and Internet access for as little as $45 per day. Such a monetary sum is minimal compared to the value of added credibility, and certainly compared to the commitment of a traditional lease.

“Thanks to advances in business technology and our innovative fractional offering, even small concerns will be able to afford a quality workspace for as little as $1.50 a day.  We can provide an extremely compelling value, even when arrayed against such options as one’s apartment and the local Starbucks!  We know that with the right platform, our platform, our new virtual office clients will grow effortlessly, and we’ll grow right along with them” added Mr. Entwistle.

Contact Details:
(800) 346-3968
Email: info@nycofficesuites.com
Website: http://virtualoffices.nycofficesuites.com/
Website: http://www.nycofficesuites.com/

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Newly-Public Chinese Firms Rent Flexible Office Space in NYC

Posted on November 15, 2010 by Jonathan Thistlewood

Chinese Firms Improve their Visibility with American Investors Using Serviced Offices

New York, New York, United States – Many Chinese companies are listing on stock exchanges in the United States. As a result, many are finding it difficult to attract and maintain the crucial interest of American institutional investors and equity research analysts. Indeed, a firm may find that its shares have low visibility and therefore low trading volume in this competitive market.

Many Chinese firms have taken steps to improve their visibility by placing dedicated investor relations or finance employees in New York City. To maximize the effectiveness of these professionals, many rent flexible offices at well-equipped serviced office locations such as those provided by NYC Office Suites.

Ivy Lindstrom Fredericks, President and CEO of Transnational Capital Corp. and an expert in emerging market equities, said “there is no doubt that many smaller emerging market companies have not had the impact that they expected to have on the American capital markets. These firms may benefit from having a dedicated investor relations professional, or the chief financial officer, on the ground in midtown New York City. Such a placement allows easy access not only to American institutions interested in Chinese companies, but also to the accountants and lawyers necessary to maintain listing requirements. These companies may also benefit from being close to one another, with interested American institutional investors in New York City able to meet several interesting Chinese companies at once.”

Daniel J. Entwistle, President of NYC Office Suites, said, “we have signed more full-time Chinese companies at our midtown location. Other Chinese companies may be interested in the virtual office product, which allows part-time access to our state of the art facilities including meeting rooms and videoconferencing. Since 1988, we’ve been providing flexible, ready-to-use, furnished office space allowing companies, teams, groups or individuals to establish themselves in a very short time without the headaches or costs associated with building out space and signing a traditional lease. We have built our franchise by providing decades of exceptional customer service to include nearly 500 fully serviced private offices and team rooms at our three marquee addresses.”

Transnational Capital Corp. is a FINRA member firm which specializes in raising capital, financial restructuring, and merger and acquisitions services for emerging growth companies and entrepreneurs worldwide. For more information visit Transnational Capital Corp.’s website at www.transnationalcapital.com.

NYC Office Suites operates office business centers, otherwise known as executive suites, at three New York landmarks: the Graybar Building at 420 Lexington Avenue; the Commerce Building at 708 Third Avenue; and 1350 Avenue of the Americas. Each office suite is equipped with leading edge business technology and other amenities needed to function in a fast-paced environment.

Contact Details:
(800) 346-3968
Email: info@nycofficesuites.com
Website: http://virtualoffices.nycofficesuites.com/
Website: http://www.nycofficesuites.com/

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NYC Office Suites Wins Business Center of the Month

Posted on August 2, 2010 by Jonathan Thistlewood
NYC Office Suites Wins Business Center of the Month for August 2010

The team at Plaza District will now receive a certificate from officebroker.com, award logo, additional PR, and entry into the Business Center of the Year 2010 competition.

Avital Shimshowitz, Vice President Sales & Marketing at NYC Office Suites, commented: “we are humbled by officebroker.com’s acknowledgement and award of Business Center of the Month. We recognize our success stems from an incredibly detailed and prompt collaboration and extend our gratitude to you. The US team, led by Dan Murphy, has been outstanding! Teamwork is what we are about. We share this success with you at officebroker.com!”

Contact Details:
(800) 346-3968
Email: info@nycofficesuites.com
Website: http://virtualoffices.nycofficesuites.com/
Website: http://www.nycofficesuites.com/

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