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May 22, 2017
If you’re the owner of a small company, finding adequate office space can be pretty daunting. There are so many factors to consider, such as size, location, and price. Office condos are a relatively new concept that’s growing in popularity. Just like a residential condo is a building with units people can purchase as living space, office condos are buildings with individual units that companies can purchase as office space. These buildings are becoming more common, especially in big cities where space is limited. The market for office condos is new, but fast-growing, as these lower-cost spaces fit the needs of so many. How to know if an office condo is right for you An office condo could be the perfect place to conduct your business, depending on what kind of company you have. In our rapidly digitizing society, […]
May 22, 2017
New York City is a great place to conduct business. As the most populated city in the United States as well as the most diverse, you are sure to find a wide array of clients looking for what you have to offer. Because space is limited in NYC, many smaller companies are turning to office condos for office space because they’re the more economical option. However, chances are you’ll still need help from a lender to finance one. The process of investing in an office condo in New York City can be complicated, but evaluating all your options and making sure you have everything you need can make it a lot easier. Here are some things you should know about financing an office condo in NYC: Types of loans available The types of loans available to you depend on […]