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SUBLEASES GALORE

Newsletter of Wharton Property Advisors, Inc. - February, 2008

Re: Best Deals on Office Space in New York City 

 "History has not dealt kindly with the aftermath of protracted periods of low risk premiums."
                                                     Alan Greenspan

Notwithstanding the recent turmoil in the markets, New York City office rents remain attractive as compared to other international financial centers in Europe and Asia.  In fact, Wharton Properties has successfully represented tenants based in London, Paris, Rome, Copenhagen, Amsterdam, Hong Kong, Sri Lanka, Seoul and Mumbai.  Let us help you negotiate the tricky New York marketplace.  We know where the bargains are buried.

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 

             
  32 Broadway  

 2,000
 

 

 $32

 

Sublease through 2014, recently built, state of the art telecom.

             
  110 Wall Street  

 3,000

 

 $35

 

Sublease through 2010, 3 offices and open area for 9 cubicles.

             
  95 Madison Avenue  

2,000
to 6,000

 

 $45

 

Direct lease for 5 to 10 years, fully built spaces.

             
  1180 Ave of the Americas  

 5,846

 

$63

 

Sublease through 2013, 3 offices and 5 partitioned offices.  Furniture and phones included.

             

  335 Madison Avenue

 

30,606

 

$75

 

Sublease through 2015.  One year old above standard installation, 30 perimeter offices and large bullpen.

             

  420 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. 

             

  60 East 42nd Street

 

1,600
to 5,500

 

$63

 

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

             
  330 Seventh Avenue  

3,865

 

$48

 


Direct lease for 5 years, 4 offices and open area.  

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

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