Calculator assumptions:

1. Manhattan rents increase 3% compounded annually; Meadowlands rents are $27 years 1-5; $31.05 years 6-10; $35.71 thereafter.
2. Meadowlands average loss factors are 15% whereas Manhattan's are 25%, so in Manahttan tenants need to rent 33% more space than they use, versus 17% in the Meadowlands.
3. The occupancy tax in Manhattan is calculated at 3.9% of base rent.In The Meadowlands there is no occupancy tax.
4. Real estate taxes in Manhattan are $10 per foot and in the Meadowlands are $3.25, increasing annually 3%.Figure shown is the tenant's cost of escalations over the base year.
5. Common Area Operating Costs are $7.75 per foot in the Meadowlands and in Manhattan they are $20 per foot, increasing annually by 3%.Figure shown is the tenant's cost of escalations over the base year.
6. Tenant electric costs in the Meadowlands are separately metered and typically about 35% less than Manhattan, where the cost is assumed at $2.75 per square foot per year, increasing annually by 3%.
7. Meadowlands space is likely to be ready to occupy.Typical Manhattan offices require $75 per square foot in build-out costs, of which a Manhattan landlord typically bears no more than $35 per square foot.
8. Typical Manhattan parking requirements are 1 car per 1000 square feet and cost $400 per month. Parking is free in the Meadowlands (and plentiful).

Substantial additional savings can be realized by New Jersey's "BEIP" economic incentive programs, which feature payroll tax rebates.Job training programs are also available.

Calculator to be used for illustration purposes only.While every effort has been made to assure the accuracy of data, information here-in neither represents a warranty of fact nor an offer of terms.