Among office tenants, bargain hunting is back in style. After years of paying skyrocketing rents in Manhattan, some companies have decided to cross the East River.
“Our lease is up next year, and when we looked around the city, it was difficult to find the kind of space we wanted at a reasonable price,” said Byron E. Lewis, the chairman and chief executive of UniWorld Group, a New York advertising agency that focuses on African-American consumers.
Office Tenants Flee Manhattan Rents for Brooklyn
Among office tenants, bargain hunting is back in style. After years of paying skyrocketing rents in Manhattan, some companies have decided to cross the East River.
“Our lease is up next year, and when we looked around the city, it was difficult to find the kind of space we wanted at a reasonable price,” said Byron E. Lewis, the chairman and chief executive of UniWorld Group, a New York advertising agency that focuses on African-American consumers.