By 1996, the chain stores had moved in and his rent jumped to $5,700 a month.
In January, when he renewed his lease, the rent jumped 50 percent.
The average rent for prime office space in midtown has jumped to $48.40 a square foot, up from $34.97 in 1995.
And even in areas like Harlem, where the real estate slump was keenly felt, rents also jumped 13 percent.
At that point, the company's rent would jump from its current level of about $18 a foot to market rates.
But when the rent jumped late last year to $6,000 a month from $5,000, he decided that he had had enough.
Their rent jumped to $1,800 from $1,300.
The company replaced some tenants, and rents jumped to $40 a square foot, from $17.
She retreated there three years ago from a larger space on Avenue X, where the rent had jumped to $4,800.
His rent and fuel prices have also jumped.
