Rent an Office on Wall Street

Rent an Office on Wall Street 

If your business plans to rent an office on Wall Street, the information that follows will help you understand the market. Although Wall Street is still regarded the world-over as a capital of finance, the number of financial businesses and buildings catering to them has diminished. As of 2013, of the 27 buildings with Wall Street addresses, 19 are office (3 of those may be converting to residential use) and eight are multi-family, one of which also contains a hotel. This contracting of supply coupled with the US recovery has increased both competition for space and rent.

 

Rent an office on Wall Street

Q4 2013 Availability

The Wall Street buildings that follow currently have a significant inventory of vacant space for lease.  

Building	Available Space	Rent PSF & Terms	Remarks
2 Wall: Class B (1932, 1986) 195,000 SF	3,237- 10,262	$35. 7- 10 years. Landlord will provide a cash contribution for Tenant’s construction.	Corner of Wall & Broadway. Well maintained.
14 Wall: Class A (1912, 2005) 1,049,292 SF	2,119- 38,705	$36- 42. 5- 10 years.  Many high quality prebuilt offices.	Rich mix of finance. legal, media and creative Tenants..
40 Wall: Class A (1929, ) 1,355,600 SF	4,100- 38,744	$35- 50. 5- 10 years. Prebuilt and build-to-suit.	Landmark. Trump Building. Many boutique financial firms. Views!
44 Wall: Class B (1927, 2007) 350,000 SF	2,568- 15,570	$34- 39. 5- 10 years. Prebuilt and build-to-suit.	Corner. Cool prebuilt offices designed for media & tech.
48 Wall: Class A (1928, 2000) 330,050	Limited	$35- 40. 5- 10 years. Prebuilt and build-to-suit.	Landmark Elegant. Location of the Museum of American Finance.
100 Wall: Class A (1969, 1994) 480,000	4,265- 19,645	$42- 45. 7- 10 years. Prebuilt and build-to-suit.	Modern. Sleek lobby.

 

 

 

 

 

 

 

 

 

 

 

 

RENT AN OFFICE ON WALL STREET

Building Agents (the Landlord’s Agent) are under contract with a building owner to lease space at the highest rents obtainable. Companies that negotiate directly with a Landlord or its Agent are at a disadvantage because they are unaware of: (1) all of the available spaces and pricing in comparable properties; (2) the economic terms of recently signed leases;  and (3) local market practices. By hiring a an experienced Tenant Representation Broker you can be assured of the best deal when you rent an office on Wall Street or elsewhere in NYC. Cogent Realty Advisors is a NO FEE Tenant Representation Broker with over 15 years of success. Contact Mitchell Waldman today: (212) 509-4049.