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Leases

Lease terms explained

Updated November 11, 2026 · 1 min read

The four terms

When you inquire, you can say you want 3 months, 6 months, 1 year, or 2+ years. Those choices tell the team how long you expect to use the bay, and they are the start of the lease we write with you.

2+ years means two years or longer. If the work wants something else, say so in the note and we’ll tell you how that building can do it.

Why the length matters

Length is one of the inputs to price, along with square footage, credit, and how the lease is structured. The Long Island City card shows monthly figures by size and term. Other buildings are quoted in the same conversation.

A shorter term fits a contract, a season, or a dated project. A longer term fits a business that wants the same bay while it grows. The signed lease is where that length lives.

What the lease records

The lease records the length, what is included, how loading and access work at that building, and what happens at the end of the term. The tour is where you see those answers. The lease is where they are written down.

Bring the size and the term to the conversation. We’ll match them to a bay and a lease you can read before you sign.

Written by

GridShare Team

The GridShare team is part of SimpleSPACES. From 900 Stewart Avenue, Suite 210, Garden City, they look after the buildings and answer questions about space, terms, and tours.

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