Co-working offices are transforming the New York City office market and pose unique opportunities and risks for building owners and co-working providers.
While the “space-as-a-service” office sector is in high demand, determining where, when and how to set up shop is laced with legal implications that will dictate the success, profitability and viability of these deals. Many elements of the traditional landlord-tenant relationship are up for grabs. Issues include how rental obligations are structured, limitations on use, flexibility around redesigning and refurbishing the space from time to time to respond to ever-changing market demands, and how construction can be effectively contracted for and administered.
Please join us on May 1 for a lively discussion of the leasing, design and construction issues that both landlords and co-working providers must consider when structuring these deals. Learn more
Ellen Sinreich, Founder & Managing Principal, The Sinreich Group
Michael Vardaro, Managing Partner, Zetlin & De Chiara LLP
Richard Warshauer, Senior Managing Director, Colliers International, NYS Tri-State HQ
Bill Dowzer, Principal, BVN Architecture