What % of gross sales should rent be in NYC?
How about where a location is an industry specific marketplace (ex. lighting district?) 

My accountant told me 15% in manhattan is a rule of thumb in nyc. A broker told me 10% because we are a destination business. Would you say 10-15% isn't crazy?
[{"id": "ciczozh", "text": "Wouldn't that be highly dependent on your profit margin? Sales of $100k a monk with a 5% and 10% profit margin are very different.", "replies": [], "depth": 1}, {"id": "cidgve2", "text": "Is this just percent of sales or are you also collecting a flat rent in addition? ", "replies": [], "depth": 1}, {"id": "cigvycl", "text": "depends on the tenant.  much lower for a grocery, for example.", "replies": [], "depth": 1}, {"id": "cimt44p", "text": "If anyone has any benchmark/survey data on occupancy cost %'s, I would be very interested. Thanks.", "replies": [{"id": "cimv9f3", "text": "I've found this. http://www.bizstats.com/reports/rent-sales-ratio.php\n\nDoesn't really help for NYC though", "replies": [], "depth": 2}], "depth": 1}]