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Offices woo tenants with snazzy lobbies and hotel-like amenities

from New York Post

Those looking to lease office space have so many choices that building owners are rolling out red carpets to woo them. “Rents aren’t going to go up, and the rent concessions aren’t getting smaller,” says Peter Sabesan, managing principal of Cresa. “Concessions are juicier for the tenants as the landlords are giving more free rent and larger work letters.” So now there are perks, Sabesan says, that could include construction and base building work. more

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