Newsletter of Wharton
Property Advisors, Inc. - April, 2011
Re: Best Deals on Office Space in New
York City
"The failure to prepare is preparation to fail." John Wooden
October 14, 1910 - June 4, 2010
Hall of Fame Basketball Coach
Don't wait until the last minute if your lease is coming due soon or you need to sublease your office space. The failure to adequately prepare for a complicated real estate transaction can be very costly for you and your firm, but with advance preparation and the assistance of Wharton Property Advisors you will be ready for a successful season on the court of business.
Is your lease coming due soon or have you outgrown your space? If so, then Wharton Property Advisors can assist. We search New York City for the most advantageous office space situations and then help our clients negotiate favorable terms. Or, if you like your current space we can help renegotiate your lease. We always represent our clients with honesty, diligence and creativity.
Below is a sampling of the best deals now available.
Building
RSF
Rent
Comments
126 East 56th Street
5,882
$59
Sublease from Granite Capital. Built with 10 windowed offices (4 of them corner), windowed conference room, open area. Lease term: through April 2014.
45 West 36th Street
10,000
$28
Sublease from Nadri Jewelry. Built with a mix of offices and open areas. Lease term: through September 2016.
250 West 57th Street
2,226
$35
Sublease from Law Office of Harry Kresky. Built with 4 windowed offices, windowed conference room, open area for 3. Ideal for law or accounting. Lease term: through May 2014.
1114 Avenue of the Americas
33,348
$59
Sublease from InterPublic Group. Built with 50 windowed offices, each with its own support station outside the door, 3 interior conference rooms. Lease term: through February 2016.
1325 Avenue of the Americas
4,518
$55
Sublease from Burnham Securities. Built with 6 windowed offices, interior office, windowed conference room, open area ideal for trading. Lease term: through April 2015.
1 Broadway
17,495
$35
Sublease from Kenyon and Kenyon. Built as a law firm with 16 windowed offices, 1 interior office, 2 windowed conference rooms, training room, open area. Lease term: 3 to 5 years.
1412 Broadway
5,307
$45
Sublease from Malcolm Group. Built as open space with workstations. Great light and views. Can be leased separately or with the floor above. Lease term: through April 2021.
1412 Broadway
12,945
$45
Sublease from Malcolm Group. Built with 8 windowed offices, 4 windowed conference rooms, 2 open areas. Can be leased separately or with the floor below. Lease term: through April 2021.
350 Fifth Avenue
1,300
$42
Sublease from Empire Valuation Consultants. Built with 3 offices and reception. Great views. Lease term: through June 2013.
40 Fulton Street
8,311
$34
Sublease from Infogen. Mix of windowed offices (4 of them corner) and open area. Furniture and phones are available. Exceptional light and views. Lease term: through June 2015.
7 Hanover Square
38,068
$25
Sublease from Newsweek. Built with a mix of windowed offices and workstations, 2 windowed conference rooms. Brand new furniture to remain. Lease term: through September 2014, with a sublease extension available through September 2019.
317 Madison Avenue
6,300
Mid-$30's
Sublease from Headway Corporate Resources. Built with 6 windowed offices, 1 interior office, conference room, open area. Furniture and phones are available. Lease term: through January 2015.
230 Park Avenue
8,621
$38
Sublease from NetJets. Built with 11 windowed offices, interior conference room, 33 workstations. Lease term: through February 2016.
387 Park Avenue South
17,000
$39
Sublease from KSL Media. Built with a mix of windowed and interior offices, conference rooms, 2 pantries, interior cubicles. Lease term: through March 2014.
75 Rockefeller Plaza
4,127
$35
Sublease from Principal Financial Group, Inc. Built with 4 windowed offices windowed conference, large windowed open area. Good light and views, overlooking the gardens. Sublease term: through July 2014.
370 Seventh Avenue
12,311
$28
Sublease from Damiani. Built with 10 windowed offices, windowed conference room, open area, bathroom. Furniture and phones available. Lease term: through September 2016.
110 William Street
35,100
High-$20's
Sublease from Access Intelligence. Built with a mix of windowed and interior offices, 3 conference rooms, 106 workstations. Ideal for trading. Furniture included. Lease term: through September 2015.
Contact Ruth Colp-Haber at (212) 759-0408 or contact us for more details
about these spaces and other
opportunities.
Wharton Property Advisors, Inc.
helps NYC office tenants find and dispose of office
space. We provide the full range of commercial
real estate services. Finding and negotiating
great deals is our specialty. Moreover, we
represent our clients with intelligence, honesty and
diligence!!
Contact an Agent at Wharton Property Advisors, Inc. to handle your office space lease or sublease.
Ruth Colp-Haber
Wharton Property Advisors, Inc.
New York City Office Space Specialists
909 Third Avenue - 5th floor, New York, NY 10022
Phone: (212) 759-0408