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Madison Avenue Office with Below Market Rent
Madison Avenue Offices with Below Market Rent Identifying office space with a below market rent on Madison Avenue is challenging. Madison Avenue used to be synonymous with the advertising industry which clustered there. Currently, most of the ad agencies have relocated and the majority of Tenants north of 42nd Street are well heeled financial service firms, with…
Read MoreOffice Rental Rates in NY- Year End 2013
Office Rental Rates in NY- Year End 2013 Its a big city! At the close of 2013 total office inventory in New York City amounted to 552,186,191 square feet in 3,884 buildings. But how were these spaces priced? According to Costar Group, Inc., city-wide rental rates continue to trend upward and averaged $52.35 PSF, an increase…
Read MoreOffice Sublease in the Plaza District
Office Sublease in the Plaza District At the present time there is a nice selection of mid-size office subleases in the Plaza District. Many of these spaces have been vacated by companies that have merged, been acquired or expanded to larger spaces. These scenarios bode well for a sublessee because they predict the financial stability of the…
Read More2nd Floor Space for Rent in NYC
2nd Floor Space for Rent in NYC Motivations for securing 2nd floor space for rent in NYC vary. Foremost among them is the need for direct street or lobby access for clients and employees. Other rationales include a substantial reduction in rent compared to a comparable ground floor space, the possible inclusion of signage and…
Read MoreRent an Office at 40 Wall Street, The Trump Building
Rent an Office at 40 Wall Street Now is the time to rent an office at 40 Wall Street. Unprecedented demand by midtown firms migrating downtown for affordable rents and a better quality work environment is absorbing vacant office space at a rapid pace. Also known as The Trump Building, 40 Wall Street is a National Landmark…
Read MoreHudson Square Office Rental
Hudson Square Office Rental Thinking about a Hudson Square office rental? Hudson Square is NYC’s most creative hub and populated by more than 1,000 businesses working in advertising, architecture, media, design and boutique financial services. Once the center of the printing industry, its buildings have expansive floors, high ceilings and plenty of light to create high…
Read MoreRenting an office at the Empire State Building
Renting an office at the Empire State Building If you are planning on renting an office at the Empire State Building important information follows. Completed in 1931, the Empire State Building (ESB) was NYC’s tallest until the World Trade Centers were built in 1972, and remains its most famous. Not withstanding its age the ESB has been completely modernized…
Read MoreRenting an Office in Midtown South
Renting an Office in Midtown South If your firm plans on renting and office in Midtown South the information that follows is essential to understanding the market. Midtown South includes the neighborhoods of Chelsea, Gramercy Park, Hudson Square, Soho and Greenwich Village, spanning 30th to Canal Street and River to River. …
Read MoreRent 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…
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