The NYC Commercial Retail Lease Glossary
Every term in a NYC retail lease that matters, defined plainly, with notes on what to negotiate and where the landmines hide.
Read More →NYC retail market commentary, brokerage practice, deal case studies, and neighborhood deep dives. Written from street level, not a conference room.
Every term in a NYC retail lease that matters, defined plainly, with notes on what to negotiate and where the landmines hide.
Read More →NoLita and LES border each other but lease completely differently. Here is what the data and the corner walks tell you.
Read More →F&B has been the largest share of NYC retail absorption for two years running. Here is what is structural and what is cyclical.
Read More →After 18 months of AI tools in the CRE workflow, here is what is real and what is hype. From a working broker, not a consultant.
Read More →Email and phone outreach for CRE brokers still works in 2026. Most brokers do it wrong. Here is what does work.
Read More →Fixed escalations versus CPI versus porter wage. Pick the wrong one and your year 10 rent could be 40 percent above market.
Read More →Hudson Square went from forgotten to one of the tightest sub-submarkets in Manhattan in five years. Here is what changed, and where rents are now.
Read More →The five submarkets where I have done the most deals this year. Velocity, rent, and tenant mix data from the ground.
Read More →Co-tenancy clauses used to be standard for credit tenants in NYC retail. Landlords have stopped granting them. Here is why.
Read More →A tenant was about to sign a direct lease for a SoHo space. We found a sublease three doors down. Here is what happened.
Read More →The first 18 months of a tenant rep practice are different from year five. Here is what actually works when you have no pipeline.
Read More →The personal guaranty is the most negotiable clause in a NYC retail lease. Here is how to actually negotiate it.
Read More →The UES is three retail markets in one neighborhood. Madison, Lex, and the residential cross streets. Each one has different rules.
Read More →What I expect for Manhattan and Brooklyn retail through the summer. Where capital is sitting, which submarkets lead, and what the data is telling brokers on the ground.
Read More →Three mid-sized shops merged in the last eight months. Here is what is actually driving the consolidation, and what it means for solo brokers.
Read More →Six months in. Lease ready to sign. The tenant called on a Sunday and pulled out. What I learned about reading commitment.
Read More →The tools I actually use every day. What I tried and dropped. And why most CRE brokers are still doing their pipeline in spreadsheets.
Read More →The TI number on the LOI rarely matches what you can actually spend. Here is how the disbursement game works, and how to negotiate it.
Read More →Tribeca is the most quiet-expensive retail submarket in NYC. Here are the corridors that actually trade, what they go for, and where the deals hide.
Read More →Two FiDi conversions came online in Q1. The street-level retail story is more complicated than the press releases suggested.
Read More →Sixty days from first showing to signed lease in a market where most deals take six months. Here is what made it move that fast.
Read More →Most NYC retail listings never hit CoStar. Here is how I find them, and how I get to landlords before a listing goes public.
Read More →The lease type changes your real occupancy cost more than the rent number does. Here is how to read both and not get burned by passthroughs.
Read More →Bedford is the most asked-about corridor in Brooklyn retail. Here is what it looks like block by block, with current rents and what is actually moving in 2026.
Read More →What shifted in NYC retail leasing since April. Bedford Avenue got tighter. SoHo has new vacancies on Spring. Where rents are headed into summer.
Read More →The deal closed on a Tuesday. The tenant's attorney called me at 8pm. I'd last spoken to the landlord's rep in December. Here's what happened in between.
Read More →Even with a broker, most retail tenants sign leases with clauses they don't understand until they hurt them. The guaranty structure, the TI allowance game, the free rent math — here's what actually matters.
Read More →SoHo isn't one market — it's four or five distinct corridors that price and perform completely differently. Here's what I'm seeing block by block.
Read More →Most brokers are either over-managing their pipeline or not managing it at all. Here's the system I actually use, down to the weekly review habit that keeps deals from dying quietly.
Read More →What I'm seeing on the ground right now — which corridors are moving, what's sitting, and where the disconnect between asking and taking rents is biggest.
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