SUBLEASES GALORE

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

Re: Best Deals on Office Space in New York City

 

"You got to be careful if you don't know where you're going, because you might not get there."                                                                                                
                                                                                       Yogi Berra
                                                                                                                                                                               
                                                                                       

Don't wander the streets of Manhattan looking for an office on your own. You will waste precious time and could get lost. You would be better served if you have a skilled professional to help find the space that works for your company.

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 

             
  55 East 52nd Street  

 6,740

 

 Mid-$60's

 

Sublease from Court Square Capital. High-end installation, built with 7 windowed offices, windowed conference room, open area, reception, private rest rooms. Furniture included. Lease term: 2 to 3 years.

             
  127 West 24th Street  

 3,000

 

 Low $30's

 

Sublease from NY Landmark Construction. Shared space consisting of 2 windowed offices, 4 work stations, shared windowed conference room, 2 private bathrooms. Lease term: negotiable.

             
  152 West 57th Street  

1,915

 

$80

 

Sublease from TH Advisors. Built with interior conference room, large windowed open area, reception, pantry. Some furniture is available. Ideal for trading. Lease term: through May 2015.

             
  30 Broad Street  

 5,335

 

$40

 

Sublease from BDIC. Built with 4 windowed offices, windowed wood panelled conference room for 12, open area, reception. Lease term: through March 2014.

             

  149 Fifth Avenue

 

11,238

 

$49

 

Sublease from Sunshine Sachs. Built with 8 windowed offices, windowed conference room, open area, tenant controlled A/C. Furniture available. Lease term: through July 2017.

             

  489 Fifth Avenue 

 

4,988

 

 $68

 

Sublease from Bridgewater Advisors. Built with 8 windowed offices, 2 windowed conference rooms, open area, reception. Furniture and phones may be available. Bryant Park views. Lease term: through July 4, 2016.

             

  500 Fifth Avenue

 

2,503

 

$48

 

Sublease from Madrid International Business. Built with 1 windowed office, 1 corner windowed office, open area for 6 workstations, ideal for trading. Bryant Park views. Lease term: through March 2014.

             

  1 Hudson Square

 

6,675

 

$38

 

Sublease from Command Financial Press. Built with 4 windowed offices, open area to accommodate up to 35 people, reception. Ideal for trading. Lease term: through March 2015.

             

  598 Madison Avenue 

 

5,620

 

 Low $70's

 

Sublease from Focus Investment Group. Built with 11 windowed offices, windowed conference, open area. ideal for trading. Lease term: through December 2015.

   

 

 

 

 

 

  250 Park Avenue 

 

 2,270 to 7,700

 

 Mid-$50's

 

Sublease from Epstein Becker & Greene. Corner suite, built with 8 windowed offices, windowed conference room, open area, reception. Lease term: 3 to 5 years.

   

 

 

 

 

 

  460 Park Avenue 

 

 4,650

 

 $62

 

Sublease from American Continental Properties. Built with 4 windowed offices, 1 interior office, interior conference room, open area, reception. Lease term: through August 2021.

   

 

 

 

 

 

  787 Seventh Avenue 

 

 28,677

 

 Low $70's

 

Sublease from Morgan Stanley. Built with 16 windowed offices, 3 windowed corner conference rooms, 30-person boardroom with double height ceiling, 17 workstations, reception, pantry. Mezzanine level includes a lounge with an operable fireplace and bar. Private bathrooms and showers. Furniture and equipment can be made available. State of the art technology. Lease term: through June 2016.

   

 

 

 

 

 

  120 Wall Street 

 

 7,438

 

$32

 

Sublease from Iroads. Built with windowed offices and conference rooms on all 4 sides, spectacular views, private balcony. Lease term: through February 2018.

             

  1 Whitehall Street 

 

 4,749

 

$26

 

Sublease from Hewlett-Packard. Built with 7 windowed offices, interior conference, open area, reception, pantry private bathroom. Lease term: through June 2013.

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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