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SUBLEASES GALORE

Newsletter of Wharton Property Advisors, Inc. - December, 2007

Re: Best Deals on Office Space in New York City 

The Holiday Season is here

and the bargains are not only in the Department Stores.

 

The long historical march of high office rents is starting to level off.  Landlords have been riding high for many years.  As questions abut the economy arise, cracks are appearing in the rising rent trends.  We at Wharton Property Advisors are monitoring the market closely and scouring the available opportunities for bargains that will benefit our clients.  It is by no means easy these days but if you need assistance dealing with thorny office lease issues Wharton Property Advisors can help. 


Is your lease coming due soon or have you outgrown your space?  If so, then Wharton Property Advisors can help. We scour NYC 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 integrity.   


Below is a sampling of the best deals now available.   

 

   Building  

 RSF 

   Rent  

Comments 

             
  45 Broadway  

 4,325
 

 

 $44

 

Sublease through 2009, newly built, great light and views, furniture and phones included.

             
  22 Cortlandt Street  

 2,521

 

 $40

 

Sublease through 2013, mix of offices and open area, great views.

             
  14 Wall Street  

2,195

 

 $50

 

Sublease through 2009, furnished space, perfect for attorneys.

             
  444 Park Avenue South  

 7,500

 

$46

 

One year term, 10 offices and open area.  Furniture and phones included.

             

  133 East 58th Street

 

3,790

 

$55

 

Sublease for 2 to 3 years.  One year old installation, very bright, light space.

             
  1212 Ave of the Americas  

8,550

 

$50

 

Sublease through 2011, built with offices and open area.

             
  370 Lexington Avenue  

1,500
to 7,000

 

 $55
to $65

 

Direct lease, newly built, turnkey spaces of various sizes and configurations, 5 to 10 year leases.

             
  254 West 31st Street  

5,500

 

$42

 


Direct lease, pre-built spaces, combination of offices and open area, 5 to 10 year lease.

Contact Ruth Colp-Haber at (866) 506-4040 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
Toll Free: (866) 506-4040 or (212) 759-0408

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