Newsletter of Wharton
Property Advisors, Inc. - October, 2009
Re: Best Deals on Office Space in New
York
City
"Get good counsel before you begin: and when you have decided, act promptly."
Sallust, 86-34 BC, Roman historian
Some things don't change. As in the Roman era, bad decisions can lead to the fall of an empire. Accordingly, business people need expert counsel when confronting major financial issues regarding their office space. Wharton Property Advisors has deep knowledge of the leasing market grounded in experience through many up and down market cycles.
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
601 West 26th Street
8,500
$35
Sublease from Mulberry. Built with 7 offices, 36 workstations, fully wired. Lease term: through September 2014.
1065 Avenue of the Americas
7,535 to 15,000
$45
Sublease from Advent Capital Management. Highly efficient trading layout. Views of Bryant Park. Furniture and phones available. Lease term: through April 2014.
1230 Avenue of the Americas
9,861
$40
Sublease from First Republic Bank. Built with 7 windowed offices, 4 interior offices, 2 conference rooms, open area, reception. Lease term: 1 to 2 years.
55 Broad Street
2,000
$30
Sublease from Orizzonte Development. Built with 2 windowed offices and open space. Occupancy: vacant. Lease term: through December 2015.
630 Fifth Avenue
3,339
High $40's
Sublease from Communications International. Built with 6 windowed offices, interior conference room, 2 workstations. Lease term: through December 2011.
650 Fifth Avenue
10,799
$42
Sublease from Stifel Nicolaus. Highly efficient and adaptable layout in move-in condition. Column free full floor identity. Furniture, phones and equipment available. Lease term: through June 13, 2018.
712 Fifth Avenue
3,345
$75
Sublease from Harcourt Alternative Investments. Recently built space that can accommodate 13 to 15 people, Central Park Views. Lease term: through January 2012.
11 Hanover Square
3,575
Mid $20's
Sublease from Princeton Brand Econometrics. Built with 9 windowed office, corner windowed conference room, interior conference room. Lease term: through September 14, 2014.
420 Lexington Avenue
various
Low to High $40's
New pre-built units in various configurations with mixes of offices and open space. Lease terms: flexible.
330 Madison Avenue
3,500 to 11,549
Mid to High $30's
Sublease from Artio Global. Highly efficient space built with 13 offices and open area. The space is divisible. Workletter available. Lease term: through June 2014.
400 Madison Avenue
4,748
Low $40's
Sublease from Beazlea. Corner office built with 2 windowed offices, 1 interior office/library, windowed conference room, 20 workstations. Lease term: through October 2012.
75 Maiden Lane
4,400
Low $20's
Sublease from Ort America. Built with a mix of 9 windowed offices and workstations. Shared space with separate entrance off elevators. Lease term: 1 to 3 years.
80 Maiden Lane
3,000
Mid $20's
Sublease from Learning Leaders. Newly built with 4 windowed office and open area. Furniture and phones available. Lease term: 3 to 10 years.
470 Park Avenue South
8,400
$32
Sublease from NY Life. Built with 9 offices, boardroom, 40 trading positions. Furniture is available. Lease term: through July 2011.
888 Seventh Avenue
19,800
$70
Sublease from Greenwich Street Capital. Newly built with 14 perimeter offices, 52 trading positions, boardroom, conference room, unobstructed views of Central Park. Lease term: through March 2017.
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
