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SUBLEASES GALORE

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

Re: Best Deals on Office Space in New York City 


 "The interval between the decay of the old and the formation and establishment of the new constitutes a period of transition which must always necessarily be one of uncertainty, confusion, error, and wild and fierce fanaticism."
                                                    John C. Calhoun (1782 -1850)
                                                    Senator from South Carolina

Uncertainty roils the markets. Should you lock in a long term lease now or wait to see if prices go down? In what direction is the economy headed? Not even Ben Bernanke knows for sure. One thing is certain, Wharton Property Advisors can help with your office space needs whether the market is up or down. We scour the city for the best deals available and will provide you with expert advice on your lease situation.

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 

             
  20 West 55th Street  

 2,568
 

 

 $65

 

New high-end pre-built unit, mix of perimeter offices and open space, with a direct presence off the elevator. Lease term: 5 to 10 years.

             
  900 Third Avenue  

 7,488

 

 $59

 

Built with mix of perimeter offices and open area, with a direct presence off the elevator. Lease term through January 2014.

             
  400 Madison Avenue  

1,770

 

 $80

 

Built with 3 perimeter offices, conference room, large open area and reception. Lease term: 5 to 10 years.

             
  708 Third Avenue  

 7,000

 

$41

 

New below market rate sublease, built out, furniture and phones available. Lease term through March 2017.

             

  424 West 33rd Street

 

2000
to
5,000

 

$46

 

Pre-built spaces with a mix of offices and open area, direct space. Lease term: 3 to 7 years.

             

  80 Broad Street 

 

  8,850

 

  $45

 

Built, office intensive with some open area. Furniture and phones are available. Lease term is negotiable.

             

  30 Broad Street

 

2,650

 

high $30's

 

Built, all glass offices, conference room, workstations for 6, private bathroom. Lease term is negotiable.

             

  14 Wall Street

 

3,000
to
10,000

 

$46
-
$62

 

High end build-outs, mix of offices and open areas, some with great light and views, direct space.

             

  325 Hudson Street 

 

  3,026

 

  $49

 

Pre-built with 3 windowed offices, conference room and pantry, direct space. Lease term: 5 to 10 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

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