3 ms·

Rent is monthly.

• honkhonkpants 10y ago
  These prices are being quoted per year. "San Francisco office landlords are now asking for higher rents than ever before, juicing prices this quarter past the dot-com-era high of $66 a square foot annually, according to brokerage Cushman & Wakefield."
• deleted 10y ago
  [deleted]
• Retric 10y ago
  Commercial property's list by annual rates. Sanity check 66 * 12 * 151 feet per employee = 120k in rent per office worker. That's just not happening.
• potatolicious 10y ago
  Commercial rents in the US are usually not advertised monthly but annually instead. $66/sqft/month = $792/sqft/year would be far and away the most expensive commercial rent in the US, by nearly an order of magnitude. Side note: commercial rents also imply different cost sharing than residential rents - many buildings do not include maintenance of common spaces (lobbies, restrooms if they are in "public" areas of each floor) in the rent cost, whereas it's nearly unheard of for residential rents to exclude common spaces.