Newsletter of Wharton
Property Advisors, Inc. - May, 2010
Re: Best Deals on Office Space in New
York
City
"If you don't know jewelry, know the jeweler."
Warren Buffett
The same can be said in any profession, including real estate. We have always maintained the highest standards of ethics and integrity in dealing with our clients for over 20 years. If a transaction is not in your interests we will let you know. We pride ourselves on our repeat engagements even though most leases are for 5 to 10 years.
Below is a sampling of the best deals now available.
Building
RSF
Rent
Comments
10 East 39th Street
6,600
$35
Sublease from Bradford Schools. Space will be delivered as a clean white box. Lease term: through December 2017.
40 East 52nd Street
15,745
$49
Sublease from Black Rock, Inc. Never occupied, above standard installation, built with 13 offices, conference room, 22 cubicles, 48 trading positions. Lease term: 3 to 10 years.
11 West 42nd Street
20,000 to 36,785 divisible
Low $30's
Sublease from TV Guide. Built with 43 windowed offices, windowed conference room, open area. Lease term: through October 2015.
1065 Avenue of the Americas
7,535
$35
Sublease from Sarcom. Built with 10 offices, large open area ideal for trading. Furniture and phones available. Views of Bryant Park. Lease term: through April 2014.
1120 Avenue of the Americas
22,695
$29
Sublease from Direct Marketing Association (DMA). Built with 36 windowed offices, 2 conference rooms, 24 workstations, 2 pantries, 2 copy areas, 2 libraries, seminar room, training room, bookstore. Lease term: through January 2016.
1330 Avenue of the Americas
5,221
Mid $60's
Sublease from Silvercrest Asset Management. Newly built installation with 4 windowed offices, windowed corner conference room, 10 trading positions. Ideal for trading. Furniture and phones available. Lease term: 3 to 5 years.
11 Broadway
22,500
Low $20's
Sublease from Random Walk (a subsidiary of Accenture). Above standard installation with 11 windowed offices, 5 conference rooms, 90 workstations. Furniture available. Lease term: through October 2012.
1440 Broadway
23,000
High $20's
Sublease from Network Business Services. Built with 9 windowed offices, 19 interior offices with glass fronts, 4 conference rooms, open area. Lease term: through October 2015.
555 Fifth Avenue
17,017
$33
Sublease from Rockwood Realty. Above standard installation, built with 23 offices, conference room, 28 workstations. Furniture can be made available. Lease term: through January 2018.
500 Fifth Avenue
8,417
$44
Sublease from Louis Capital Partners. Built with 4 offices, 53 trading positions. Lease term: through February 2013.
540 Madison Avenue
3,950
Mid $50's
Sublease from Feirstein Capital. Built with 6 windowed offices, windowed conference room, open area. Lease term: through July 2012.
460 Park Avenue
3,544
Mid $50's
Sublease from Fashion Concepts. Built with 4 windowed offices facing Park Avenue, full pantry, private executive bathroom. Sublease term: through June 2017.
230 Park Avenue South
19,303
$41.50
Sublease from Capital Z. Built with 13 windowed offices, 3 interior offices, 2 conference rooms, 16 trading positions. Lease term: through December 2021.
810 Seventh Avenue
6,000 to 22,437 divisible
Mid $30's
Sublease from Murex. Built with 12 offices, 4 conference rooms, 160 trading positions. Lease term: 5 years.
830 Third Avenue
4,092
Low $40's
Sublease from Marina Maher Communications. Built with 6 windowed offices, windowed conference room, open area. Lease term: through April 2018.
14 Wall Street
3,273
$32
Sublease from Direct Access Partners. Newly built, turnkey space with trading positions for 16, 1 windowed office, windowed conference room, 1 workstation. Lease term: through June 2012.
100 Wall Street
9,441
$25
Sublease from GFI Group, Inc. Newly built with 16 windowed offices, large interior conference room, open area. Lease term: through September 2013.
1 Whitehall Street
6,000 to 14,551 divisible
$27
Sublease from York Risk Services. Built with 5 windowed offices, interior conference room, large open area. Furniture available. Lease term: through January 2014.
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