Newsletter of Wharton
Property Advisors, Inc. - September,
2008
Re: Best Deals on Office Space in New
York
City
"Everything comes if a man will only wait." Benjamin Disraeli, twice Prime Minister of England 1804 - 1881
For years, my clients have asked when are rents going to come down to reasonable levels. Well, my friends, that time is now. Here’s the good side of all this turmoil. Major office space bargains are coming on line and more are sure to follow. In the coming months you can turn this economic downturn into an opportunity to cut your rent substantially. Let us show you how.
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
570 Lexington Avenue
10,057
Low $50's
Sublease space from Bank of New York. Built with mix of offices and trading positions. Lease term: thru November 2012.
570 Lexington Avenue
6,021
Low $50's
Sublease space from Bank of New York. Built with mix of offices and workstations. Lease term: thru November 2012.
1114 Avenue of the Americas
10,000 to 12,000
$65
Sublease from Elie Tahari. Built with mix of offices and workstations. Leae term: thru January 2013.
237 Park Avenue
9,821
$48
Sublease from Kelly Services. Built with mix of offices and workstations. Lease term: thru June 2011.
12 East 41st Street
6,197
$49
Sublease from Sun & Moon Marketing Communications. Built with mix of offices and workstations. Lease term: thru June 2012.
589 Eighth Avenue
5,000
$45
Sublease from Yodle, Inc. Built as a loft space with offices and open area. Lease term: thru December 2012.
11 Broadway
4,340
$35
Sublease from Iptivia. Built with offices and open area. Lease term: thru May 2011.
90 Broad Street
4,213
$41
Sublease from Sungard. Built with 6 windowed offices and workstations for 5. Lease term: thru May 2014.
1 State Street
4,759
$37
Sublease from Mizuho Bank & Trust. Built with 6 windowed offices and open area. Lease term: thru November 30, 2012.
1 State Street
7,769
$37
Sublease from Mizuho Bank & Trust. Built with 8 windowed offices and large open space. Lease term: thru November 30, 2012.
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
