OTE Blog

Industry Articles.
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Daily resources on office leasing, best practices, tenant rights, and running a successful office-based business — curated by tenants, for tenants.

Negotiating Tenant Improvement Allowances for Office
Negotiating Tenant Improvement Allowances: Key Lease Terms to Watch
When we’re looking at a new office space or considering a renewal, the tenant improvement allowance often feels like a bonus – money from th...
When You Need a Commercial Real Estate Attorney
When to Hire a Commercial Lease Review Attorney
Navigating a commercial lease often feels like a solo journey, especially when we're focused on running our businesses. But there are moment...
ASC 842 Lease Accounting for Office Tenants
ASC 842 Lease Accounting: What Office Tenants Need to Know
For many of us, the balance sheet can feel like a world away from our daily office operations. But if your business leases commercial office...
Hidden Costs in Office Leases
Understanding Operating Expenses in Your Office Lease
We’ve all been there: signing an office lease, feeling good about the monthly rent, only to realize later that the total cost is much higher...
Office Lease Operating Expense Pass-Throughs Explained
Understanding Operating Expenses in Commercial Leases
We’ve all been there: staring at our monthly rent statement, noticing a line item for "operating expenses" that seems to creep up year after...
Right-Sizing Office Space for Hybrid Work
Understanding Desk Sharing Ratios for Hybrid Work
Many of us are grappling with a common challenge: how much office space do we actually need in this hybrid work era? It's a question that ke...
Budgeting for the Full Cost of an Office Lease
Understanding Hidden Costs in Your Office Lease
It’s easy to focus on the base rent when we’re signing a new office lease, but we often find ourselves halfway through the term wondering wh...
The Flight to Quality in Office Real Estate
What Tenants Need to Know About the Flight to Quality
Many of us have seen the term "flight to quality" floating around in commercial real estate news lately. What it boils down to for us as ten...
Personal Guarantees in Office Leases
Personal Guarantees and Lease Assignments
We've all been there, signing what feels like a mountain of paperwork for our office lease, sometimes glossing over the details we don't ful...
Early Termination and Lease Buyout Options
Understanding Early Termination and Lease Buyout Options
Sometimes, despite our best plans, a commercial lease just doesn't fit anymore. Maybe our business needs have shifted, we’ve outgrown our sp...
Office-to-Residential Conversion Policy
NYC Office-to-Residential Conversions and Affordable Housing Requirements
We’ve all seen the headlines about empty office buildings and the push to convert them into housing. For those of us leasing commercial spac...
Capital Expenses Disguised as Operating Costs
Understanding Capital Expenditures in Operating Expenses
We’ve all been there: reviewing our annual operating expense reconciliation and seeing charges that just don’t feel right. Sometimes, what l...

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