The New Year is here and if you are an office tenant your escalation invoice is probably on the way soon. According to the lease, most office tenants are responsible to pay their proportionate share of increases in Real Estate Taxes and Operating Expenses above the Base Year (usually the first calendar year of the lease term). This seems all… Read More

  Living and working in the Garden State is an experience quite unlike anywhere else. On the one hand, we are seeing the construction of new Class A speculative warehouse buildings of a size and proportion unimagined several years ago. On the other hand, we see that the construction of new office properties is virtually static. So, what is going… Read More

Question: What is a Landlord market? A Landlord market is when the psychological energy level in a lease negotiation is flowing toward the Landlord. The speed in which we move from a Tenant market to a Landlord market can cause whiplash. After 40 years in this business I am still surprised by just how fast the market can turn. In… Read More

When is the best time to be happy you ask? Is this a trick question, Larry? The answer is that the best time to be happy is now! Happiness is not about what happens to you. It is in your mind. You have to make the decision to be happy. You must be happy BEFORE not during or after. What… Read More

Have you heard the GOOD NEWS about New Jersey? We don’t hear much about it, do we? New Jersey is sandwiched between New York City and Philadelphia, and reporting about the Garden State from the major media sources takes second place. At the same time, the real strength of New Jersey is its proximity to these two powerhouse cities, and… Read More