Strategies for Navigating an Expensive Real Estate Market

Strategies for Navigating an Expensive Real Estate Market

Facility operating costs, including rent, can generate significant financial strain for a nonprofit. For most organizations that lease, these costs are second only to the organization’s human resources, making effective management of facility operating costs essential to a nonprofit’s success. In this workshop, Denham Wolf’s acquisition experts will provide a snapshot of the commercial real estate market in New York City and share nonprofit-specific strategies for navigating the market effectively. Nonprofit professionals who have previously participated in a commercial site search – and who have subsequently reviewed a term sheet, space program, capital budget, and/or other real estate-related documents – will have the greatest opportunity to derive actionable insights from this workshop. The content presented will be most relevant for organizations that are considering a relocation or expansion within the next three years.

Key Takeaways:

• A refresher of nonprofit-specific leasing and purchasing processes in New York City.
• Increased capacity to take a mission-first approach to the organization’s next relocation or expansion.
• Methods for creating a more efficient workplace design.
• A current overview of New York City’s affordable neighborhoods and nonprofit-friendly buildings.

This workshop will be presented by Lauren Davis, Senior Transactions Specialist, and Christopher D. Turner, Director of Transaction Services, of Denham Wolf Real Estate Services

Area of Excellence: Financial Management

Please Note: This meeting is open to current Nonprofit New York members and non-member organizations, and may be limited to ONE person per organization due to space constraints.

If your organization is not a current nonprofit member of Nonprofit New York, visit our website for more information on joining.

Refund policy: Registrants who cancel their registration on or before 1 week will receive a full refund. Those who cancel on or before DAY PRIOR will receive a 50% refund. No refund will be made for cancellations made on or after DAY OF. All cancellations must be submitted in writing.

_____________________________________________________________________________________

Registration is required. Please be advised that by registering for this event, unless we hear from you otherwise, we will include you as part of our regular mailing list. By enrolling for this event, you hereby: (1) give consent for Nonprofit New York or any third parties to use your photograph or image in its print, online and video publications; (2) release Nonprofit New York, its employees and any outside third parties from all liabilities or claims that you might assert in connection with the above-described uses; and (3) waive any right to inspect, approve or receive compensation for any materials or communications, including photographs, videotapes, website images or written materials, incorporating photos/images of you. To revoke this waiver, please email Learning and Resources Coordinator, Alexa Salamé, at asalame@nonprofitnewyork.org.