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Hedge Fund Sublease at Grand Central Station
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- Concepts and Available Space
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
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…
Read MoreDowntown NY Office Space for Rent- Fall 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…
Read MoreClass A Midtown Office Space North of 42nd Street
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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Wall Street Offices Now Available for Your Company
Wall Street offices now available for your company to rent remain plentiful in spite of strong leasing activity by relocating midtown firms. According to Costar, at the end of June 2014 the Wall Street vacancy rate was 14.8% with an average gross asking rent of $42.31 PSF. The one exception is smaller offices (under 2,500…
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Small Office near Grand Central- Search Here
Looking for a Small office near Grand Central If you are looking for a small office near Grand Central for the Fall of 2014 or 2015 start your search early. The Grand Central sub-market includes 182 buildings totaling 55,999,038 SF and had a vacancy rate of 11.5% at the end of July 2014 according to…
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Leasing Third Avenue Office Space Saves Money
Leasing Third Avenue office space will benefit your business because the rent is less expensive than comparable buildings on Madison or Fifth Avenues. Most Third Avenue office buildings were constructed after 1950 and utilize the International-style of architecture incorporating glass, steel and concrete without flourishes. These simple glass “boxes” continue to appeal to corporate America. Transportation…
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Office Rental Rates in NY- 2nd Quarter 2014
Office Rental Rates in NY- 2nd Quarter 2014 Costar Group, the Commercial Real Estate Information Company reports that the NYC office vacancy decreased from 8.4% in Q2 2014 from 8.5% in the previous quarter. Average quoted office rental rates in NY increased to $55.28 PSF, up 1.3% over $54.59 in Q1. An analysis…
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