Q:

What are some tips for renting warehouses in New York City?

A:

Quick Answer

It is possible to rent warehouses in New York City by checking online rental listings on websites such as Craigslist.org and LoopNet.com. Consider hiring an attorney to clarify the clauses and fine print in the lease contract, recommends the U.S. Small Business Administration.

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Full Answer

On LoopNet, select New York City to narrow warehouse listings, view photos and preview the details of listed industrial properties. You can also view the status of listed warehouses, check the rental rates per square foot, and determine whether the building’s size fits your needs, as noted on the website. The Find a Broker tab on the site provides access to real estate professionals who can help you negotiate the terms of a lease. The site tools also allow you to compare the features of listed warehouses to find a suitable and fairly priced rental.

Ask about the ceiling height to determine whether a warehouse fits into your storage plans, and ensure that the electrical power in the building is sufficient for your needs, suggests Austin Tenant Advisors. Verify that the warehouse has the proper zoning for your intended purpose and that the loading areas fit your needs.

Negotiate for lease terms that fit into your long-term business strategy. Consider add-on clauses such as a sublease to provide you with some leeway to sublet the warehouse in case your business plans change, suggests the U.S. Small Business Administration.

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