Property Guides, News and Information

Luxury Furnished Executive Office at the World Trade Center

By Mitch Waldman | Nov 7, 2014

 Luxury Furnished Executive Office at the World Trade Center   If you are searching for a luxury furnished executive office at the World Trade Center, Servcorp is the answer. This is the place to go if your business needs a prestigious address that is recognized the world-over. Servcorp is scheduled to open at One World Trade Center…

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Office Rental Rates near Grand Central, Q3 2014

By Mitch Waldman | Oct 31, 2014

  Office Rental Rates near Grand Central in Q3 2014 increased modestly over the prior quarter. In Q3 the average quoted rent (across all building classes) was $61.07 PSF, up 1.22% over $60.33 in Q2. The district recorded a 10.6% vacancy rate spread over 181 buildings with 56,005,436 square feet of space. (Information provided by Costar.)…

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Office Rental Rates in NY- 3rd Quarter 2014

Office Rental Rates in NY- 3rd Quarter 2014

By Mitch Waldman | Oct 21, 2014

Office Rental Rates in NY- 3rd Quarter 2014    Costar Group, the Commercial Real Estate Information Company reports that the NYC office vacancy decreased from 8.4% in Q2 2014 to 8.1% in Q3 2014. The average quoted office rental rates in NY (all classes) increased to $55.69 PSF, up .06% over $55.37 in Q2.      …

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One World Trade Center Office Space for Rent

By Mitch Waldman | Oct 10, 2014

  One World Trade Center is scheduled to open in late Fall 2014. This magnificent tower is the tallest in the US, soaring 1,776 feet skyward and containing 3,038,168 square feet of office space on 104 floors. State-of-the-art in every sense of the word, it includes a sustainable design integrating renewable energy and operating efficiency.…

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Hedge Fund Sublease

Hedge Fund Sublease at Grand Central Station

By Mitch Waldman | Oct 3, 2014

UPDATE- MARCH 28, 2016:  Link HERE for details about New York City’s newest office building constructed for Hedge Funds, Private Equity and  Family Offices.  Hedge Fund Sublease A turn-key hedge fund sublease has been listed for immediate occupancy at 295 Madison Avenue, at the corner of 41st Street, one block south of Grand Central Terminal. This elegant…

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NY Office Sublease

NY Office Sublease- Concepts and Available Space

By Mitch Waldman | Sep 26, 2014

NY OFFICE SUBLEASE  A NY Office Sublease can vary in terms of its length, size, pricing, the physical condition of the office and what’s included. Two important elements to examine when evaluating a Sublease are: (1)  What is the financial condition of the Sublessor- that is the company that “gives” the Sublease; and (2) What is the…

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Renting a 7th Avenue Office near Penn Station

By Mitch Waldman | Sep 17, 2014

Renting a 7th Avenue office near Penn Station is usually motivated by these factors: (1) the proximity to Penn Station transportation; (2) reasonable rents in high quality  “Avenue” buildings; (3) the need to have a showroom or office with a “Fashion Avenue” address.   There are still hundreds of fashion businesses renting a 7th Avenue office, as well as…

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Downtown NY Office Space for Rent- Fall 2014

By Mitch Waldman | Sep 5, 2014

Downtown NY Office Space for Rent- Fall 2014 examines rents, availability and municipal incentive programs in Lower Manhattan. Downtown NY remains a “value-play” for business demanding more economical rents and leasing incentives when compared to elsewhere in the city. Additionally, substantially improved amenities (the Fulton Center, World Trade Center, parks, restaurants and apartments) are resonating with…

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Class A Midtown Office Space North of 42nd Street

By Mitch Waldman | Aug 28, 2014

Is your company looking for Class A midtown office space north of 42nd Street? The Tenant Representation firm of Cogent Realty Advisors is ready to assist you with comprehensive market information and no fee service identifying the best spaces and negotiating the optimal lease terms.     Costar, the Commercial Real Estate Information Company  defines…

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