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Sublease Rewards & Sublease Risks
Sublease Rewards & Sublease Risks In the New York City office rental market a sublease can offer both rewards and risks to a subtenant (the company that leases and occupies the subleased space). Subleases are offered by sublandlords (the holder of the master lease) to dispose of their surplus office space and mitigate financial obligation.…
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Renting an Office at Grand Central Station
Renting an Office at Grand Central Station Renting an office at Grand Central Station is a straightforward project when your criteria is limited to buildings with: (1) direct access to/from the terminal; and a (2) Class A rating. The most compelling reason to locate your office here is immediate access to transportation to/from NYC and…
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Best Penn Station Office Space
Best Penn Station Office Space Finding the best Penn Station office space is straightforward when your criteria are limited to: (1) a one square block boundary around the station; and (2) the highest quality office buildings. The most compelling reason to locate your office here is the immediate access to transportation to/from NYC and within the…
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Short Term Office Space near Penn Station
Short Term Office Space near Penn Station BitInstant LLC, an online bitcoin money exchange, has leased short term office space near Penn Station. Bitcoins are a virtual currency. Having outgrown its “start up” space on west 23rd Street, BitInstant has relocated to 256 West 36th Street where they will occupy the entire 3rd floor measuring 3,400…
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Gallery Leasing Space on 5th Avenue and 57th Street, NYC
Gallery Leasing Space on 5th Avenue and 57th Street, NYC R.M. Chait Galleries is leasing new space on the corner of 5th Avenue and 57th Street in the heart of the NYC Plaza District. The 103 year-old gallery is a world renowned specialist in the field of fine antique Chinese porcelain and works of art.…
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Downtown Broadway Office Buildings are Increasing Rents
Downtown Broadway Office Buildings are Increasing Rents Downtown Broadway office buildings are increasing their rents in response to strong demand and diminishing inventory. Many buildings are reporting strong interest from midtown businesses looking for affordable office space coupled with easy access to transportation from the Fulton Transit Center. This summer at Silverstein Properties’ 120 Broadway…
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Lower Manhattan Transportation Revitalization Provides Easy Access to Offices
Lower Manhattan Transportation Revitalization To Improve Access to Offices The $1.4 billion downtown Fulton Transportation Hub, recently renamed Fulton Center, is on schedule to be completed in June 2014. This monumental project which began in February of 2005, will dramatically improve transportation for workers and residents by providing easier access, seamless transfers and new and…
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Best Office Space For Tech & Media Companies Downtown NYC
Best Office Space for Tech and Media Companies Downtown NYC Downtown NYC provides an excellent venue for tech and media companies because of its existing communications infrastructure. In the past many offices were occupied by financial firms that required high-speed communications. Beginning in 1996 these buildings were upgraded for the “Plug and Go” program which…
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Best Hedge Fund Office Space in NYC
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. Best Hedge Fund Office Space in NYC – Surprise! It’s in Lower Manhattan Hedge funds, private equity and investment bankers don’t need to spend $90-plus per square foot on unremarkable high-end…
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