WHERE DO YOU STAND ON CONCESSIONS?

We all like a little something for free, and New York Cityoffice tenants are no different. We asked our readers how they feltabout concessions and they were close to being even. A stout 43% ofyou said "We're standing pat – but it's getting tough." Another 38%voted that tenants are getting what they want, while another 19%don't believe in concessions. Real Estate New York spoke with AbieHidary, president of Hidrock Realty, and he expressed the necessityof looking at each building individually.

"I think it's very hard to just look at New York City and make ageneral rule about concessions because it depends dramatically onthe building and what you're giving and the type of landlord. Ifyou're a landlord that's pretty hands-off and going to say, 'Here'sthe space, take it the way it is,' then you've got to give sixmonths' concession, seven months' concession.