4 ms·
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 co
by 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.