Plaza District
Rent Discounted Offices in the Plaza District
Rent Discounted Offices in the Plaza District Discounted offices in the Plaza District can now be rented in many buildings. The Plaza District office rental market has been hard hit by hybrid and remote work. The economic impact of these shifts has left landlords struggling to fill vacancies. Building owners are reducing rent and boosting free rent to attract…
Read MoreOffice Rental Rates in the Plaza District
Office Rental Rates in the Plaza District Office Rental Rates in the Plaza District at the end of the first quarter of 2016 increased less than 1% over the quoted rent at the end of 2015. This long awaited respite portends a market that is close to its peak. As reported by Costar, the Commercial Real Estate…
Read MoreNYC Office Condos for Sale in the Plaza District
NYC Office Condos for Sale in the Plaza District NYC Office Condos for Sale are located on 59th Street in the Plaza District, one block from Central Park. The offices are situated in a Class A full service commercial condominium building featuring a marble lobby, 24- hour 7- day per week concierge, new elevators, electronic security system…
Read MoreShowroom and Gallery Space in the Plaza District
Showroom and Gallery Space in the Plaza District Showroom and Gallery Space in the Plaza District is in limited supply in 2015 and for the foreseeable future. The reasons for this include: (1) Declining commercial vacancy: Costar, the Commercial Real Estate Information Company reported an 8.2% vacancy rate in the Plaza District for the first…
Read MoreLuxury Office Space in the Plaza District
Luxury Office Space in the Plaza District Luxury Office Space in the Plaza District continues to be leased by financial firms, although at slower rate than TAMI companies are signing for creative units in Midtown South and Lower Manhattan. According to Costar, the Commercial Real Estate Information Company, Plaza District Rents increased from an average of $69.93…
Read MoreUnique Plaza District Offices for Lease
Unique Plaza District Offices for Lease Unique Plaza District Offices for Lease are available at 135 East 57th Street, at the northwest corner of Lexington Avenue. Regarded as a postmodern masterpiece, the building was designed by the New York-based architectural firm of Kohn Pedersen Fox. Constructed in 1988, the 34-story tower faces the corner- not with a…
Read MorePrebuilt Corporate Offices in the Plaza District
Prebuilt Corporate Offices in the Plaza District Prebuilt corporate offices can be categorized as: (1) Newly constructed and never occupied; and (2) Second generation and previously occupied. New construction offers users the most contemporary layouts, finishes and infrastructure (electrical service, plumbing, H.V.A.C. and telecom connectivity). Provided that it was built within the past seven years…
Read MoreCorporate Headquarters in the Plaza District
Corporate Headquarters in the Plaza District The Plaza District has NYC’s highest concentration of financial, legal and public companies. They come for the Class A buildings, elegant restaurants, luxury stores and services. This blog reports on three impressive corporate headquarters for lease in the Plaza District. The Tenant Representation firm of Cogent Realty maintains comprehensive listings for office space…
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 More57th Street Office for Rent
57th Street Office for Rent If your business is looking for a 57th Street office for rent, a concise overview of the market is important. 57th Street is a trophy business district and high rents confirm this. Many financial firms (wealth management, hedge fund and private equity) populate its buildings, as well as professional services, showrooms…
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