As anyone looking for office space in NYC can attest, the city’s real estate market can be a highly competitive minefield. Not only must potential tenants find a space that’s compatible with their business needs, but they must also enter a volley of intense negotiations during the actual lease arrangements. That’s why it’s highly advisable for tenants to go through the right channels in order to simplify the process. For some tenants, particularly artists, the process can be even more daunting and complex. Oftentimes, artists have very specific needs and requirements, which vastly limits the selection of spaces available to them. So, how do these artists weed through all the available real estate inventory, to find a space that is suitable to their particular business needs?
One valuable service, called Fractured Atlas, offers a solution. According to a recent article in Crain’s New York Business, Fractured Atlas launched NYC Performing Arts Spaces, an organization that is geared toward meeting the specific real estate needs of artists. NYC Performing Arts Spaces hosts a website (http://nycpaspaces.org/) that allows artists to search for performance spaces using very specific criteria. In the article, Theresa Agovino mentions how the website “allows artists to search for space using a variety of their own requirements from dates and times, to location and price.” Since searching for real estate can be like trying to find a needle in a haystack, this website allows artists to substantially narrow down their search. Clearly, it’s a very effective tool that can save artists valuable time during their search for performance space. Tenants should always navigate the real estate market using a sense of strategy and efficiency. For tenants who are artists, NYC Performing Arts Spaces is just the strategy to use. Article