Lease negotiations for this 'new normal'
Markets, people, LL's across the board are already and will be substantially less liquid in the near future. What this *could mean for subsequent office/retail leases is a decrease (or at least a lack of negotiable increase) in TIA for any buildouts, putting downwards pressure on rates, lease flexibility, and similar dealpoints. 

What else (beyond TIA) do you guys think tenants will be able to turn to as negotiation points as the leverage begins to turn in their favor?
[{"id": "fo58xst", "text": "Speaking from the retail point of view...I think we'll obviously see leases with pandemic-specific clauses that include tenants not being responsible for rent during the duration of the pandemic (something the majority of current Force Majeure clauses do not include). Past that, I think it's really hard to know what the future holds. If I were a tenant right now, and I was confident that my business was going to survive long term, I'd be negotiating a very favorable renewal right now with a low rate and free rent.", "replies": [{"id": "fo5qdqj", "text": "Tried to negotiate a little cheaper rent for my small restaurant (2600 sq ft) . LL\u2019s first response was to defer the rent and add on to next year. So, why we are sitting here forced to close by the governor, we\u2019re racking up debt in the form of deferred rent. Going to counter and see where it goes. I know they\u2019re in a tough situation too but hopefully we find a middle ground.", "replies": [], "depth": 2}], "depth": 1}]