Property Guides, News and Information

Wall Street Offices Available Now

Wall Street Offices Now Available for Your Company

By Mitch Waldman | Aug 13, 2014

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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Looking for a small office near Grand Central

Small Office near Grand Central- Search Here

By Mitch Waldman | Aug 7, 2014

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 an office on Third Avenue

Leasing Third Avenue Office Space Saves Money

By Mitch Waldman | Aug 1, 2014

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- Second Quarter 2014

Office Rental Rates in NY- 2nd Quarter 2014

By Mitch Waldman | Jul 23, 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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Distinguished Office Buildings

By Mitch Waldman | Jul 21, 2014

What are distinguished office buildings? Many of us rush through the work week with little time to admire the architectural gems that define the skyline, or the elegant lobby that make a building memorable, or the solicitous concierge that whispers “you are special”. These are some of the components that identify distinguished office buildings.  According to Costar, the…

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Lower Manhattan Office for Rent

Lower Manhattan Office for Rent

By Mitch Waldman | Jul 16, 2014

Lower Manhattan Office for Rent If you are looking for a Lower Manhattan office for rent, as of July 2014 there are still great values to be had. The average asking rent in Lower Manhattan  for A, B and C class office buildings in Q2 was $45.44 PSF. A multitude of TAMI (technology, media, advertising, internet) companies have…

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Office Space in Midtown Manhattan

Office space in Midtown Manhattan

By Mitch Waldman | Jul 11, 2014

Office space in Midtown Manhattan Searching for office space in Midtown Manhattan? The area includes more than 1,579 office buildings with 316,082,515 square feet of space located from 59th Street to 30th Street and from the Hudson to the East River. Sub-markets within this area include Columbus Circle, the Plaza District, UN Plaza, Grand Central, Murray…

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Temporary Office 1 Minute from Penn Station

Temporary Office 1 Minute from Penn Station

By Mitch Waldman | Jul 8, 2014

Temporary Office 1 Minute from Penn Station If you are looking for a temporary office 1 minute from Penn Station, Cogent Realty has 3 quality options for you. These business centers cater to professionals that require a private furnished office, telephone number with voice mail, internet, a conference room, lounge area and optional administrative support. Terms are…

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Hudson Yards Office Space Artist Renderings

Hudson Yards Office Space

By Mitch Waldman | Jul 2, 2014

Hudson Yards Office Space The monumental Hudson Yards Redevelopment Project is transforming the far West Side of Manhattan. When completed it will contain 5 office towers, more than 100 stores, 20 restaurants, about 5,000 residences, cultural and open space, a public school and luxury hotel. Projected to cost $20 billion, it will rank as America’s…

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