SUBLEASES GALORE

Newsletter of Wharton Property Advisors, Inc. - May, 2011

Re: Best Deals on Office Space in New York City

 

"It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently."                                                                                                
                                                                                       Warren Buffett
                                                                                       
                                                                                       

We've been in business for 22 years and know that our reputation is on the line every time a client calls, that we are only as good as the next deal. As a result, we work hard every day to justify the faith our clients have placed in our firm.

Is your lease coming due soon or have you outgrown your space? If so, then Wharton Property Advisors can assist. We search New York City 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 creativity.

Below is a sampling of the best deals now available for sublease.

 

 Building  

 RSF 

 
 Rent
 

Comments 

             
  41-51 East 11th Street
  (AKA 95 University Place)
 

 2,956

 

 $33

 

Sublease from Washington Square Institute. Built with 2 windowed offices, windowed conference room, open area. Lease term: up to 9 years.

             
  140 East 45th Street  

 9,512

 

 Submit all offers

 

Sublease from RR Donnelley. Built with 3 windowed offices, windowed conference room, open area. Furniture can be made available. Lease term: through August 2014.

             
  26 West 17th Street  

2,644

 

$39

 

Sublease from Blue Source. Built with 2 windowed offices, windowed conference room, 6 built-in workstations with room for more, private bathrooms. Furniture available. Lease term: through April 2012.

             
  230 West 39th Street  

 4,200

 

$35

 

Sublease from Lifted Research Group. Built with 4 windowed offices, huge windowed open area. Furniture is available. Lease term: through August 2013, with lease extension possible.

             

  250 West 57th Street

 

2,226

 

$35

 

Sublease from Law Office of Harry Kresky. Built with 4 windowed offices, windowed conference room, open area for 3 desks. Ideal for law or accounting. Lease term: through May 2014.

             

  1177 Avenue of the Americas 

 

6,771

 

 Low $50's

 

Sublease from QVT Financial. Built with 11 windowed offices, windowed conference room, open area for trading. Lease term: through July, 2016.

             

  30 Broad Street

 

2,796

 

$24

 

Sublease from Stat Pro. Built with 1 windowed office, windowed conference room, open area with 8 desks. Lease term: through December 2014.

             

  483 Broadway

 

3,131

 

$38

 

Sublease from Cape Advisors. Built with 2 windowed offices, 1 interior office, windowed conference room, large, windowed open area. Lease term: through February 2017.

             

  350 Fifth Avenue 

 

1,300

 

 $35

 

Sublease from Empire Valuation Consultants. Built with 3 offices and reception. Great river views. Lease term: through June 2013.

   

 

 

 

 

 

  623 Fifth Avenue 

 

 14,486

 

 $95

 

Sublease from Prentice Capital. Built with 15 windowed offices, 4 interior offices, 3 conference rooms, 12 trading positions, 10 workstations, gym with locker room, showers and private bathroom, 15 tons of supplemental HVAC. Lease term: through March 2016.

   

 

 

 

 

 

  767 Fifth Avenue 

 

 21,763

 

 $130

 

Sublease from Macklowe Properties. Built with 15 windowed offices, 3 windowed conference rooms, 50 workstations. Directly off elevator. Spectacular Central Park views. Lease term: through October 2025.

   

 

 

 

 

 

  79 Madison Avenue 

 

 17,750

 

 $39

 

Sublease from Wind Up Records. Built with 20 windowed offices, 9 interior offices, interior board room, open areas, tenant controlled HVAC. Lease term: through May 2017.

   

 

 

 

 

 

  600 Madison Avenue 

 

 3,555

 

$80

 

Sublease from Meeschaert. Built with 2 windowed offices, windowed conference room, open area. Lease term: through January 2017.

             

  1 New York Plaza 

 

 22,239

 

$20

 

Sublease from Prudential. Move-in condition with 11 windowed offices, 21 interior offices, 1 windowed conference room, 2 interior conference rooms, open area for trading desks, 25 workstations. Lease term: through December 2014.

             

  655 Third Avenue 

 

 5,719

 

$35

 

Sublease from Shaub Ahmuty. Built with 13 windowed offices, 2 interior conference rooms, 4 workstations. Lease term: through January 2014.

             

  767 Third Avenue 

 

 9,075

 

$35

 

Sublease from Xerox. Built with a mix of windowed offices and open area. Furniture can be made available. Lease term: through January 2013.

             

  44 Wall Street 

 

 7,000

 

$25

 

Sublease from ATO Records. Built with 10 windowed offices, conference room, open trading area. Lease term: through September 14, 2014.

             

  120 Wall Street 

 

 7,438

 

$30

 

Sublease from INROADS. Recently built with 15 windowed offices, windowed conference room, private balcony. Spectacular views. Lease term: through February 2018.

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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