Everything You Don’t Know About Your Office Move (And Why It’s Costing You)
Most people don’t think seriously about their office move until they’re already in the middle of one. By that point, much of the leverage is gone.
On a recent episode of The Creative Stack, we sat down with Josh Berger, a tenant rep broker with nearly two decades of experience working exclusively in New York City office space. The conversation covered what it actually means to have someone in your corner during a lease negotiation, why timing matters more than most people realize, and the specific mistakes we’re seeing in today’s market.
It’s one of those topics that sounds dry—until you’re living it. Then it’s everything.
What a Tenant Rep Broker Actually Does
This was new to us when we first encountered it, and it’s new to most people: a tenant rep broker works exclusively for the tenant. Not the landlord. Not both sides. Just you.
That distinction matters more than it sounds. When a broker represents both sides of a transaction, there’s an inherent conflict of interest. Their incentives shift depending on how the deal lands. Josh’s firm made a deliberate decision to represent only tenants, removing that conflict entirely.
Beyond that, a good tenant rep brings something harder to quantify: relationships. Josh described how deep, trusted relationships with landlord brokers can directly benefit his clients. A landlord’s agent might share early insight into competing offers or flag that a building’s financial structure is complicated. That kind of information shapes strategy in ways you simply can’t access on your own.
As Josh framed it, the goal isn’t just to negotiate aggressively. It’s to get a deal that works—for both sides—over the long term. When you’re signing a seven-, ten-, or fifteen-year lease, how that relationship starts matters.
The Biggest Mistake: Starting Too Late
If there’s one takeaway Josh wants every business owner to hear, it’s this: optionality creates leverage—and optionality only exists if you start early.
So what does “early” actually mean?
- For 5,000–10,000 square feet, start at least 12 months out (ideally 18)
- For 50,000+ square feet, plan 2–3 years in advance
That may sound excessive, but consider the alternative. If you start six months before your lease expires, landlords know you have limited options. You’re unlikely to move. Any market exploration looks performative, not real.
In today’s market—where rents are moving faster than they have in years—that’s an expensive position to be in.
We saw this ourselves during a lease renewal. We were fairly certain we wanted to stay, but we still explored alternatives seriously. That process took time and effort, but it gave us real leverage at the negotiating table. Going through the motions isn’t enough. You have to genuinely engage with the market.
Have the Internal Conversation First
Before you go to market, you need clarity on what you actually need. That sounds obvious, but most companies skip it.
The internal conversation should cover:
- Does your current space still fit your team?
- What percentage of revenue are you spending on rent—and how does that compare to market norms?
- Are you satisfied with your current building and management?
- What do you want your space to support over the next 5–10 years?
It also means assembling the right internal team. Too often, office moves get assigned to whoever happens to be available. That person ends up responsible for one of the largest expenses on the balance sheet—often without prior experience.
Getting alignment internally isn’t just good practice. It’s essential. Without it, you can’t properly evaluate the options once you’re in the market.
Understand the Market Before You Enter It
Right now, the New York City office market is unusually fragmented:
The next step is developing a realistic understanding of the current market. Without it, expectations drift and deals fall apart.
- Class A vacancy on Park Avenue: ~4%
- NYC overall vacancy: ~15%
- National average: ~21%
That 4% number is critical. When premium space becomes available, it often doesn’t sit empty. Landlords may already be in discussions with the next tenant before the current one leaves.
Pricing reflects that dynamic:
- Class B buildings: roughly $38–$55 per square foot
- Class A buildings: starting around $75, exceeding $200+ at the high end
- Trophy properties: deals reportedly reaching ~$275 per square foot
Understanding where you fit in that spectrum helps set expectations and prevents surprises mid-negotiation, especially in a market that can shift quickly.
The Pitfalls That Actually Catch People Right Now
These aren’t theoretical. They’re issues showing up in active deals.
Demolition clauses
As buildings are rezoned for residential conversion, landlords are increasingly including demolition clauses that allow them to terminate leases. We’ve seen this happen: a client with a fully built-out showroom received less than six months’ notice to vacate.
The clause itself may not be negotiable—but the terms around it are. Protections like proof of demolition, extended notice periods, rent abatements, and reimbursement of build-out costs can make a significant difference.
Rezoning and FAR
Related to demolition risk is zoning. If a building sits in an area with rezoning potential or unused development rights (FAR), that affects a landlord’s long-term incentives—and how they negotiate with you.
Overplaying your hand
In a tight market, some tenants assume their brand or creditworthiness gives them more leverage than it actually does. Josh described situations where strong tenants pushed too hard and lost. Understanding true market conditions is critical, and a good broker will give you an honest read.
Waiting too long on renewals
Even if you plan to stay, waiting too long to engage can backfire. Your space could be promised to another tenant, or your landlord may only offer short-term extensions that don’t align with your needs. Silence signals indifference, and indifference gets deprioritized.
Who You Need in Your Corner
Once you’ve identified a space, assembling the right team is critical.
A tenant rep broker
Even with a strong landlord relationship, you need someone who understands the market, the language, and the negotiation dynamics.
A specialized real estate attorney
Not a generalist. Not a friend-of-a-friend. NYC commercial leases are complex and long-term. The right attorney protects you from issues that may not surface until years into the lease.
An architect (or at least a test fit)
NYC’s “loss factor” (the gap between rentable and usable space) can run 27–35%. Without proper planning, you may end up paying for space you can’t effectively use.
Your IT partner
This is one of the most overlooked elements. Infrastructure takes time and budget, and “wired” can mean very different things depending on your needs. We’ve seen spaces with decades-old infrastructure that simply can’t support modern operations. An early IT assessment prevents costly surprises.
A furniture vendor—earlier than you think
Commercial furniture is often made to order, with real lead times. Compressing that timeline limits options and increases costs. This isn’t IKEA.
The Office Isn’t Dead, It’s Just Different
We asked Josh where the office market stands in 2026, and his answer was more nuanced than the headlines suggest.
His view during peak COVID: there would be an adjustment, but most companies aren’t built to operate entirely remotely. That’s largely proven true, but the return hasn’t been uniform.
What he’s seeing now is a shift, not a decline:
- Companies are investing more in office quality to attract and retain talent
- Poorly designed offices are no longer acceptable
- Space planning is becoming more intentional and efficient
For example, if your company only holds all-hands meetings a few times a year, you may not need a dedicated boardroom. Buildings with strong shared amenities are filling that gap.
As for hybrid work, there’s no one-size-fits-all answer. Some organizations make fully remote work succeed, but they tend to be exceptions. For most companies, in-person interaction still plays a critical role in training, culture-building, and knowledge transfer.
The office isn’t going away. But expectations have changed—and the deals being made in 2026 reflect that.
The Creative Stack is produced by Valiant Technology, a managed IT services provider based in New York specializing in serving creative agencies and PR firms. Listen to episodes at podcast.thevaliantway.com and learn more at thevaliantway.com.























