|
SUBLEASES GALORE
Newsletter of Wharton
Property Advisors, Inc. - November, 2011
| |
Re: Best Deals on Office Space in New
York City
| |
"It's really hard to design products by focus groups. A lot of times, people don't know what they want until you show it to them."
Steve Jobs
1955 to 2011
| |
You can't use focus groups for real estate. You have to see it yourself. Don't waste time walking the streets of New York City. We at Wharton Property Advisors can tailor an office search to your cost specific needs.
Is your lease coming due soon or have you outgrown your space? If so, then Wharton Property Advisors can assist in finding your midsummer night's real estate dream. We search New York City for the most advantageous office space situations and then help our clients negotiate favorable bargains. 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.
| |
| Building |
|
RSF |
|
Rent |
|
Comments |
| |
|
|
|
|
|
|
| 224-232 West 30th Street |
|
6,286 |
|
$34 |
|
Sublease from Greenwich House. Built with 7 windowed offices, windowed conference room, open area, tenant controlled A/C, reception. Lease term: through September 2015. |
| |
|
|
|
|
|
|
| 1359 Broadway |
|
10,456 |
|
$45 |
|
Sublease from Li & Fung. In move-in condition with great natural light and views. Above standard tenant improvement allowance. Lease term: through October 2027. |
| |
|
|
|
|
|
|
| 521 Fifth Avenue |
|
5,761 |
|
Mid-$30's |
|
Sublease from Elser and Aucone. Built with 5 windowed offices, 2 interior offices, interior conference room, open area for 14, reception, pantry. Lease term: through February 2015. |
| |
|
|
|
|
|
|
| 666 Fifth Avenue |
|
6,000 to 25,790 |
|
Low $50's |
|
Sublease from Fulbright & Jaworski. Built with many windowed offices and interior offices, 2 windowed conference rooms, open area, reception. Lease term: through December 2016. |
| |
|
|
|
|
|
|
10 Hudson Square |
|
2,437 |
|
Low $40's |
|
Sublease from Michilli Construction and Consulting. Built with 2 windowed offices, windowed conference room, windowed open area, reception. Excellent natural light, great views. Directly off elevators. Lease term: 3 years. |
| |
|
|
|
|
|
|
405 Lexington Avenue |
|
7,348 |
|
$60 |
|
Sublease from Bank of Ireland. Built with 11 windowed offices; windowed conference room, 2 open areas for a total of 10 workstations, reception, pantry, furniture and phones will remain in place, along with video-conferencing unit and 40" HDTV. Great light. Lease term: through May 2015. |
| |
|
|
|
|
|
|
521 Fifth Avenue |
|
7,550 |
|
$60 |
|
Sublease from Sanders Morris Harris. Built with 7 windowed offices, 2 interior offices, interior meeting room, 18 trading positions, 5 workstations, reception. Lease term: through November 2013. |
| |
|
|
|
|
|
|
540 Madison Avenue |
|
6,950 |
|
$80 |
|
Sublease from SK Telecom. Built with 10 windowed offices, windowed conference room, open area, reception, pantry, Central Park views, furniture available. Lease term: through July 2015. |
| |
|
|
|
|
|
|
500 Park Avenue |
|
7,931 |
|
High $50's |
|
Sublease from Landis + Gyr. Built with 5 windowed offices, 5 interior offices, 1 large windowed conference room, 1 small interior conference room, 7 workstations, reception, pantry, private bathrooms. Fully furnished. Flat screens with video conferencing. Large IT room with supplemental A/C. Lease term: through June 2018. |
|
|
|
|
|
|
|
450 Seventh Avenue |
|
4,600 |
|
$36 |
|
Sublease from Edgar Online. Built with 3 windowed offices, 3 interior offices, interior conference room, open area, reception, pantry. Tenant controlled A/C. Lease term: through June 2014. |
|
|
|
|
|
|
|
525 Seventh Avenue |
|
2,958 |
|
Low $40's |
|
Sublease from NY Cosma Fashion. Newly built showroom space with glass enclosed office, open area and storage. Lease term: through April 2015. |
|
|
|
|
|
|
|
40 Wall Street |
|
7,900 |
|
$43 |
|
Sublease from Ashir. Built with 11 windowed offices, windowed conference room, 18 workstations, reception, pantry. Windows on all 4 sides, great light and views. Lease term: through 2018. |
|
|
|
|
|
|
|
110 William Street |
|
7,500 |
|
$20 |
|
Sublease from NYCEDC (New York City Economic Development Corp.) Built with 8 windowed offices, 4 interior offices, 2 windowed conference rooms, 9 workstations, reception, pantry. Lease term: through August 2019. |
|
| |
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.
| | |
| | |