Newsletter of Wharton
Property Advisors, Inc. - December, 2009
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.
And there is a horn of plenty for the savvy tenant who is in a position to take advantage of the tectonic shift in the market. We at Wharton Property Advisors are monitoring the market closely and scouring the available opportunities for bargains that will benefit our clients. As always, we stand ready to assist with any of your office space needs.
Is your lease coming due soon or have you outgrown your space? If so, then Wharton Property Advisors can help. We search 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
60 East 42nd Street
2,775
$36
Sublease from National Grange Insurance. Built with 4 windowed offices, windowed conference room, windowed open area. Lease year: through September 2013.
60 East 42nd Street
3,378
$42
Sublease from Bahamas Tourist Board. Recent pre-built with 5 offices, conference room, open area. Lease term: through February 2011.
120 West 45th Street
10,750
Mid $40's
Sublease from Pzena Investment Management. Built with 6 windowed offices, windowed conference room, 36 trading positions. Lease term: 3 years or through October 2015.
1177 Avenue of the Americas
2,614 to 15,425
Low $50's
Sublease from QVT Financial. Three different suites, all built with windowed offices, conference rooms, multiple trading positions and workstations. Lease term: through July 30, 2016.
1270 Avenue of the Americas
1,238
$56
Direct lease. Built corner unit with 1 windowed office, conference room, open area. Lease term: negotiable.
50 Broad Street
2,529
$33
Direct lease. Built space, mostly open. Lease term: 5 to 10 years.
712 Fifth Avenue
3,023
$59
Sublease from Southern Star Shipping. Built with 16 trading positions. Central Park views. An internal staircase connects it to the floor above. Lease term: April 2013.
712 Fifth Avenue
9,813
$59
Sublease from Southern Star Shipping. Built with 6 windowed offices, windowed conference room, 15 trading positions. Central Park views. An internal staircase connects it to the floor below. Lease term: April 2013.
420 Lexington Avenue
2,396
$30
Sublease from Engel & Volkers. Built with 1 windowed office, 1 interior office, windowed conference room, open area. Lease term: through April 2013.
600 Lexington Avenue
8,841
$30's
Sublease from Brencourt Advisors. Built with 9 windowed offices, 14 workstations. Furniture and phones available. Lease term: through December 2011.
540 Madison Avenue
2,750
$56
Sublease from Induchem. Above standard installation built with glass throughout, 4 windowed offices, windowed conference room. Lease term: through October 2011.
90 Park Avenue
9,000 to 22,064
Mid $40's
Sublease from Nmatrix. Built with a mix of windowed and interior offices and workstations. Lease term: through April 2015.
1 Rockefeller Plaza
3,000
$40
Sublease from Gordon Brothers. Built with 3 windowed offices, open area, shared conference room, reception and pantry. Lease term: through May 2012.
512 Seventh Avenue
14,630
$37
Sublease from Intermedia. Built with mix of windowed and interior offices and windowed cubicles. Lease term: through August 2012.
17 State Street
3,764
$43
Sublease from Netologic, Inc. Built space with a flexible layout, in move-in condition. Spectacular harbor views. Lease term: through February 2011.
14 Wall Street
2,773
$37
Direct lease. High end pre-built with featuring double glass doors, glass conference rooms and open area. Lease term: negotiable.
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
