Newsletter of Wharton
Property Advisors, Inc. - August, 2011
Re: Best Deals on Office Space in New
York City
"Deep summer is when laziness finds respectability." Sam Keen
Philosopher, Professor, Author
We hope that all our clients and friends are enjoying the dog days of summer and have had the opportunity to take some time to relax and refresh their competitive spirits. But the brisk winds of fall are not far behind and it pays to be prepared in these unsettled economic times. As ever, Wharton Property Advisors stands ready to assist with your office space needs.
Is your lease coming due soon or have you outgrown your space? If so, then Wharton Property Advisors can assist in finding your midsummer night's real estate dream. We search New York City for the most advantageous office space situations and then help our clients negotiate favorable bargains. 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
60 West 55th Street
5,150
$40
Sublease from Christian Dior. Built with 7 windowed offices, windowed conference room with hardwood floors, open area for 13 workstations, mail room. Furniture can be made available. Lease term: through February 2017.
1177 Avenue of the Americas
4,309
$46
Sublease from Bank Hapoalim. Built with 4 windowed offices, windowed conference room, large open area, ideal for trading. Back-up generator capacity. Lease term: through April 2017.
125 Broad Street
38,015
$20
Sublease from Wells Fargo. Built with a mix of windowed and interior offices, 1 windowed and 1 interior conference room, mix of windowed and interior trading positions and workstations, data center/computer room. Lease term: February 2013.
1633 Broadway
6,915
$48
Sublease from Bank of America. Built with 2 windowed offices, windowed conference room, 46 trading positions. Lease term: through July 2015.
245 Fifth Avenue
12,724
$35
Sublease from Bravado. Built with 20 windowed offices, 8 interior offices, windowed conference room, open area. Lease term: through November 2015.
500 Fifth Avenue
6,787
$59
Sublease from Millgate Capital. Built with 8 windowed offices, 3 windowed conference rooms, 14 trading positions. Lease term: through December 2014.
521 Fifth Avenue
6,580
$50
Sublease from NINA (Nuclear Innovation North America). Above standard installation, built with 6 windowed offices, 2 windowed conference rooms, windowed boardroom, large windowed open area. Lease term: through June 2013.
299 Park Avenue
8,092
$85
Sublease from Genco. Built with 6 windowed offices, windowed conference room, windowed open area, computer room. Furniture and phones may be available. Lease term: through June 2021.
21 Penn Plaza
23,896
$39
Sublease from Buddy Media. Brand new installation, built with 21 windowed offices, 2 windowed conference, 2 windowed meeting rooms, 144 bullpen positions with potential for more, dedicated IT room. Lease term: through January 30, 2018.
550 Seventh Avenue
11,695
$30
Sublease from Oscar de la Renta. In move-in condition, built with 4 windowed offices, windowed conference room, 3 windowed design and workshop areas, 1 windowed design and creative area. Lease term: through January 2014.
733 Third Avenue
5,232
$40
Sublease from National Life Insurance. Built with 5 windowed offices, 3 interior conference rooms, open area for 14 workstations. Lease term: through March 2015.
950 Third Avenue
11,534
to 23,068
Mid-$40's
Sublease from Morelli Ratner. Law firm layout on 2 floors (11,534 each) with interconnecting staircase, which can be leased separately or together. Above standard installation with mix of windowed offices, windowed conference rooms, open areas for workstations. Furniture can be made available. Lease term: through June 2014.
2 Wall Street
9,366
Mid-$20's
Sublease from American University of Antigua. In move-in condition, built with 2 windowed offices, 2 windowed conference rooms, windowed open area for multiple workstations. Furniture is available. Lease term: through April 2013.
7 World Trade Center
3,643
$65
Sublease from Capstone Holding Group. Built with 1 windowed office, conference room, 26 trading positions. Lease term: 3 to 5 years.
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