Attention entrepreneurs – Let’s leverage our relationships and watch our businesses thrive. Flatiron Square is Silicon Alley’s source for the latest local news, networking events, business tips from mentors, and neighborhood office leasing guidance.
2011 – What a great year for the Flatiron district and the overall tech community
2011- Year in review: office leases with Apple, Yelp, and Net-A-Porter What a year it has been.. Where to begin? In January 2011 I became an exclusive leasing agent for 100-104 Fifth Avenue, by 15th street and 5th Ave when the property was purchased by aREAD MORE
Security deposit amount: Why NYC landlords want so much from startups.
Why do Landlords and startups view financials completely differently?Example: Company X just received Y million dollars in funding from one of the brightest and most respected VC’s in town. They’re popular and growing, and even turn away other investors since they are so confident thatREAD MORE
The “Good Guy” Guarantee: Things every startup company should consider before signing a NY office lease, Part 4
Good Guy Guarantee: Beware- not at all good guys are created equal. Be aware that a good guy guarantee is indeed a personal guarantee. You’re now thinking “What?! Didn’t I set up a corporate entity specifically for the purpose of shielding me from any personalREAD MORE
Length of lease: Things every startup company should consider before signing a NY office lease, Part 5
LENGTH OF LEASE: This is always a tricky question for startups. While you obviously need a space that is large enough to fit your current space requirements, should you get a slightly larger space and take a longer term lease so you can grow inREAD MORE
OFFICE BROKER: Things every startup company should consider before signing a NY office lease, Part 3
OFFICE BROKER: Your broker should be more than just someone who merely shows you listings off a Multiple Listing Service. We can train a monkey to do that.
He should be your professional, trusted advisor and have your best interest in mind. Of course he shouldREAD MORE
Hire an Attorney: Things every startup company should consider before signing a NY office lease, Part 2:
ATTORNEY REVIEW: A lease is a binding legal document. Although the amount of pages in some leases seem never-ending, it is important to read the document in its entirety- don’t skim – and have it thoroughly reviewed by your attorney. It is advisable to useREAD MORE
Things every startup company should consider before signing a NY office lease, Part 1
Starting your own company and getting it off the ground is an exciting time for a young entrepreneur. After many sleepless nights perfecting the business plan and getting your first round of funding, the last step to turn your business dream into reality is findingREAD MORE
