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Law Offices for Rent, Downtown NY
Law Offices for Rent, Downtown NY Law Offices for Rent, Downtown NY is written for legal services firms that need timely advice on the local office market. As the Covid19 pandemic wanes, the NYC courts are re-opening for in person appearances. Many law firms that have been working remotely are returning to the office with an…
Read More12 Penn Plaza Office Space for Lease, Newly Constructed Commercial Building
12 Penn Plaza Office Space for Lease, Newly Constructed Commercial Building 12 Penn Plaza, is a newly constructed commercial office building (completed Fall 2019) with space for lease. Key features include: • Ultra-accessible location across from Penn Station • State-of-the-art building and mechanical systems • Private single Tenant floors measuring 4,653 rentable square feet •…
Read MoreTech Sector Needs More Offices in New York
Tech Sector Needs More Offices in New York New York’s technology sector now rivals that of Silicon Valley. The demand for cool office space has been met in creative ways. Previously staid building have spent heavily and installed modern lobbies, state-of-art infrastructure, expansive technology backbones and Tenant amenity spaces. Older conventional offices have been gutted…
Read MoreBroadway Office Buildings in the Financial District- Rental Guide
Broadway Office Buildings in the Financial District- Rental Guide Broadway Office Buildings in the Financial District- Rental Guide provides useful information for businesses that are relocating to this area. This guide was compiled in March 2018 and is subject to change. For the most current market data contact Cogent Realty Advisors, Inc. (212) 509-4049. …
Read MoreReal Estate News for New York Business, 2016 Year-End and 2017
Real Estate News for New York Business, 2016 Year-End and 2017 Real Estate News for New York Business, 2016 Year-End and 2017 is a selection of special interest reports from a variety of publications. Links are provided to original content. 2016 Another Banner Year for Commercial Real Estate By CoStar News Staff…
Read MoreOffice Sublease in Downtown NY, Highly Efficient Turn-Key
Office Sublease in Downtown NY Cogent Realty Advisors is marketing an office sublease in downtown NY. Sublease marketing is an important service that that Cogent Realty performs as a commercial Tenant Representation Broker. The sublease is located at 150 Broadway, at the north east corner of Liberty Street and two blocks from the Fulton Street…
Read MoreOffice Rents in NYC’s Midtown and Downtown Markets
Office Rents in NYC’s Midtown and Downtown Markets Office Rents in NYC’s Midtown and Downtown Markets have reached their peak following the recession of 2008. According to Costar, the Real Estate Information Company, at mid-year 2016 the average quoted asking rent in the Midtown market was $63.58 per square foot compared to Downtown’s $51.64. The…
Read MoreOffice Space on Broadway in the Financial District
Office Space on Broadway in the Financial District In 2016, office Space on Broadway in the Financial District is available at asking rents that range from $37.00 per rentable square foot up to $65.00. The differential in rents is attributable to a number of factors including: (1) building quality; (2) modernity; (3) centrality and proximity to…
Read MoreLeasing Offices in Downtown New York City in 2016
Leasing Offices in Downtown New York City Leasing Offices in Downtown New York City was compiled using data provided by Costar, the Commercial Real Estate Information Company. Downtown NYC Snapshot: January 1, 2016 $50.45 Average quoted asking rent. 9.1% Total amount of vacant space. “Downtown NYC” is comprised of five sub-markets or districts: City Hall,…
Read MoreFIDI Office Space for Lease
FIDI Office Space for Lease FIDI office space for lease at the end of the third quarter of 2015 averaged a quoted $47.22 per rentable square foot according to Costar, the Commercial Real Estate Information Company. The boundaries of the FIDI (Financial District) sub-market are shown in the map below. A more detailed analysis of…
Read MoreLower Manhattan Offices for Rent- Best Deals In Town
Lower Manhattan Offices for Rent This report on Lower Manhattan Offices for Rent was compiled in September 2015. Availability and pricing can change daily. Contact Cogent Realty Advisors for updated information: (212) 509-4049. Cogent Realty Advisors is a NO FEE Tenant Representation Broker. Rental rates for Lower Manhattan offices have increased over the past year due…
Read MoreOffices & Lofts Near Union Square, NYC
Offices & Lofts Near Union Square This report on offices & lofts Near Union Square was compiled in late August 2015. Availability and pricing can change daily. Contact Cogent Realty Advisors for updated information: (212) 509-4049. Cogent Realty Advisors is a NO FEE Tenant Representation Broker. Commercial space near Union Square is expensive as a…
Read MoreDowntown NYC Offices for Rent
Downtown NYC Offices for Rent The information provided here about Downtown NYC Offices for Rent was compiled in August 2015. Contact Cogent Realty Advisors for updated information: (212) 509-4049. Cogent is a NO FEE Tenant Representation Broker. BY THE NUMBERS… Downtown NYC Offices for Rent The sub-markets examined include the World Trade…
Read MoreFinding a New York Law Office, Design Trends and Sample Spaces
Finding a New York Law Office Finding a New York Law Office requires careful planning. Since the recession of 2008 the number of law firms and the headcount of lawyers and support staff have declined. The leaner law firms that have emerged are focused on making more efficient use of their office space. After labor,…
Read MoreTech and Media Offices in Downtown NY
Tech and Media Offices in Downtown NY Tech and Media Offices in Downtown NY are a major segment in the leasing market. As reported in the Wall Street Journal, 1.63 million square feet of downtown space was leased to tech companies in 2014. The primary impetus for this activity is economic: at the close of 2014, average…
Read MoreRenting and Designing a NY Showroom
Renting and Designing a NY Showroom Renting and Designing a NY Showroom requires careful planning. An overriding concern for most firms is the cost of the annual rent and the improvements required preparing a showroom. In NY, rents and construction costs are increasing because of a reduced supply of both space and skilled contractors. Listed…
Read MoreLaw Office Sublease in Downtown NYC
Downtown Law Office Sublease A Downtown Law Office Sublease has just been listed on Broadway in lower Manhattan. This space has many features that make it an outstanding deal. For an introduction to subleases link here- NY Office Sublease- Concepts and here- Sublease Risks and Rewards. (1) Below Market Rent: The asking rent is $34.00 PSF. Comparable…
Read MorePre-built Offices for Rent
Pre-built Offices for Rent Pre-built Offices offer a number of strategic advantages for relocating Tenants. By pre-built we mean a fully constructed office or one requiring minimal work such as painting and the installation of flooring. #1. Pre-built offices are available for immediate occupancy once a lease is signed. This should be contrasted with a…
Read MoreLower Manhattan Office Rental Rates in Q3 2014
Lower Manhattan Office Rental Rates in Q3 2014 Lower Manhattan Office Rental Rates in Q3 2014 increased modestly over the prior quarter. In Q3 the average quoted rent (across Class A, B & C buildings) was $46.11 PSF, up 1.58 % over $45.39 in Q2. The Lower Manhattan sub-market includes the Insurance and Financial Districts…
Read MoreRenting 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…
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