Securing Stability: Francis Financial's Smart Lease Renewal at 39 Broadway

Building

39 Broadway

Lease Term

5 Years

Lease Type

Lease Renewal

Delivery Condition

Turnkey

The Challenge

Francis Financial, a financial advisory firm specializing in assisting women through transitions such as divorce or the loss of a loved one, faced a significant challenge. The firm needed to renew its lease without incurring increased costs, ensuring they could continue to offer their services in a stable and supportive environment familiar to their clients. This was crucial for maintaining the trust and comfort that their clients have come to expect.

The Solution

Francis Financial successfully negotiated a five-year lease renewal for their existing office space on the 17th floor of 39 Broadway, covering 2,983 square feet. They managed to secure a substantial reduction in rent, which was essential for maintaining operational stability and managing overhead costs effectively.

The Outcome

The lease renewal at 39 Broadway has provided Francis Financial with continuity in a space that is well-regarded by both staff and clients, thereby avoiding any potential disruptions that relocating could have caused. The favorable terms of the renewal have enabled the firm to better allocate resources, allowing them to continue focusing on providing specialized financial advice and support to their clients during pivotal times.