Newsletter of Wharton
Property Advisors, Inc. - November, 2009
Re: Best Deals on Office Space in New
York
City
"Never go into strange places on a falling tide without a pilot."
Thomas Gibson Bowles (1841 - 1922)
Navigating the treacherous waters of New York City real estate is difficult even in the best of times. If you are looking for office space or renegotiating a lease, let Wharton Property Advisors be your pilot. We have deep knowledge of the leasing market grounded in experience through many up and down market cycles.
When meeting with a landlord the best leverage is to have an agent who knows the market and the intricacies of the business and who is also seeking alternative space on your behalf.
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
9 West 57th Street
30,800
Call for details
Aggressively priced $10M state of the art trading facility. Glass fronted offices throughout, Central Park Views. Lease term: through February 2013.
11 West 42nd Street
10,466
$50's
Sublease from Robert Allen Group. Above standard build-out with 10 perimeter offices, 2 conference rooms, 2 boardrooms. Great views and light. Lease term: through January 2016.
120 West 45th Street
10,179 to 12,826
Low $40's
Sublease from Gide Loyette Nouel. Recently built space with 15 perimeter offices, 4 corner offices, 3 conference rooms, boardroom. Very good natural light. Lease term: thru February 2016.
140 East 45th Street
16,400
Low $40's
Sublease from Bowne, Inc. High end installation with mix of perimeter offices and trading spaces. Panoramic views. Lease term: 5 years.
153 East 53rd Street
5,001
$80's
Sublease from Silver Creek Capital. Built with 7 windowed offices and open area. Spectacular views. Lease term: 3 to 6 years.
1230 Avenue of the Americas
9,861
$40
Sublease from First Republic Bank. Built with 7 windowed offices, 2 conference rooms. Lease term: 1 to 2 years.
1 Battery Park Plaza
4,200
$26
Sublease from Bingham McCutcheon. Newly built with 7 windowed offices and open area. Excellent light and views. Lease term: through March 2012.
30 Broad Street
5,335
$32
Sublease from Urban America LP. Above standard installation with 8 perimeter offices, corner conference room, wood and glass finishes throughout. Panoramic views. Lease term: through June 2017.
51-55 Broadway
7,464
$32
Sublease from IBM. Built with 10 windowed offices, bullpen and pantry. Hudson River and New Jersey views. Lease term: through March 2013.
767 Fifth Avenue
4,669
$60's
Sublease from Bickel & Brewer. Built with 10 windowed offices and interior conference room. Lease term: through August 2014.
405 Lexington Avenue
3,509
$50's
Sublease from Intelsat. Recently built installation with 3 windowed offices, conference room, bullpen for 10. Furniture and phones can be made available. Lease term: through November 2012.
317-325 Madison Avenue
3,196
$42
Sublease from Impremedia. Built with 3 windowed offices, conference room, 7 workstations. Fixtures, furniture and phones can be made available. Lease term: through December 2011.
360 Madison Avenue
8,670
Mid $40's
Sublease from Safdie Investments. Built with 3 windowed offices, 2 windowed conference rooms, windowed boardroom, 26 workstations. Furniture can be made available. Lease term: through May 2012.
875 Third Avenue
10,144
$42
Sublease from Elan Pharmaceuticals. Built with a mix of windowed offices and workstations, boardroom and conference room. Lease term: through February 2015.
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
