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► Gallery Representatives - As Licensed Real Estate Brokers and tenant advocates, we represent your interests in the transaction, negotiating aggressively on your behalf to win the best value and terms. We work as part of your team, helping you to explore every possible solution, providing you with detailed insights and knowledge about the complex NYC leasing process as it relates to galleries, delivering outstanding business support for you in this dynamic marketplace, pre- and post-lease.
► Gallery Experts - Our past expertise in gallery management offers you hands-on experience operating an art gallery and with the economics of the art industry. With an intimate understanding of the challenges of gallery marketing and the value of exposure, combined with in-depth knowledge of commercial RE trends in the major NYC gallery-submarkets, we'll help you attain the optimal balance between exposure and location, gallery size and operating budget.
► Gallery Partners - We provide tenants and investors with the necessary information and professional advisory services to rapidly complete real estate transactions. From a clear strategic understanding to carefully planned negotiations and successful completion of your transaction - we are your partner for gallery leasing and acquisition in New York City.
► We provide insights grounded in data:
• Historical Rents & Market Trends
• Average Ask vs. Take
• Current Gallery Occupancy
• Rent and RE Tax Tables
• Pedestrian Traffic Counts
• Capitalization Rates
• Current Building Department Property Reports
• Accurate Area Comps
We work for you. As a tenant brokerage firm we bring gallery tenants and buyers to the best space for their gallery needs. It is our priority to identify and negotiate the best deal that will provide you with a successful transaction and allow you to stay focused on your gallery business. We do the required research to assist in your decision. We take pride in our business support services offered before and after the lease is signed. We deliver knowledge and insights based upon our many years successfully negotiating the New York market.
Our belief is founded on the concept that the Tenant is the most important piece of the real estate equation. You and your art gallery are the ones paying the rent every month after all. You're the reason the deal happens and you should be provided the strategic and creative solutions to your requirements.
No Fees. We do not charge fees for our services. In New York City Landlords factor all of their leasing costs into the leasing transaction and pay the commissions as a matter of normal business. It is often also true in the case of building sales. However in many building sales transactions the buyer will also participate in the commission compensation as per a pre defined agreement on a case by case basis. In the rarest of cases this could also possibly apply to leasing but if this is ever the case this will be clearly communicated prior to any showings or activity.
We are entrepreneurs who have all come to real estate from different backgrounds. Having had successful ventures in the past has given us a true insight into the needs and requirements of the right space for a company to be successful - and remain successful.
We have signed the rent checks for large and small lofts and offices up to 90,000 SF. Therefore we know what you are facing as you identify your next gallery space. We know how important a decision this is and know that we CAN make a difference for you.
So whether you are searching for a Gallery... or Retail, Office Space or Investment Property, we would like the opportunity to help you find your next space.
Why we do what we do. We believe that galleries and gallery communities in New York must have affordable and cohesive areas to nourish the creative exchange between artists, dealers and buyers, the museums and cultural institutions, and the public-at-large (whether or not they buy art). Sales take place by appointment, but casual visitors and participants in the "scene", and the buzz they create, form a basic economic and cultural resource.
High-quality buzz results from extraordinary physical interaction between artwork, site and viewer, most often in the gallery venue where aesthetic risks are taken.
In the gallery, face-to-face exchanges form aesthetic consensus, shape criteria of judgement, establish baselines of value, and forge relationships of trust and authenticity about art in ways chat, VOIP, websites, email or blogs cannot. Social proximity to the object creates the infastructure of the art industry.
Though the bulk of revenue is generated at the auction-house level, the commodity enters the market through the gallery, enriching our culture as it moves higher up the economic chain.
We witnessed the exodus of galleries from SoHo in the 1990s because of rapidly increasing rents and fluctuating art prices, and the East Village's brief flash for the same reasons. We're active in the market dynamics that are transforming Chelsea and elsewhere now. Understanding the budgetary constraints of gallery management, we realize that there will be fewer options for gallery communities in Manhattan if rent increases and overall development outpace the growth of the art industry, especially in the emerging-artist markets.
Our goal is to provide the best possible gallery/tenant representation in negotiations between our customers and the property owners, always informed by our mission: to preserve these communities and advocate for them from a commercial real estate perspective.
About our services.
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