Newsletter of Wharton
Property Advisors, Inc. - September, 2010
Re: Best Deals on Office Space in New
York City
"No Spring, nor Summer beauty hath such grace,"
As I have seen in one Autumnal face....." John Donne 1572 - 1631
As the business pace quickens with the arrival of Fall, inquiring minds turn to ways to beat the capricious NYC real estate market. If you need assistance dealing with thorny office lease issues Wharton Property Advisors can help.
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
115 East 23rd Street
6,000
Mid $20's
Sublease from Beliefnet. Mix of windowed and interior offices and open areas. Furniture available. Lease term: through April 2013.
10 East 40th Street
8,384
$29
Sublease from Supporting Cast. Built with 9 windowed offices, 4 interior offices, glass-fronted conference room, bullpen with 8 workstations. Lease term: through October 2014.
51 East 42nd Street
1,626
Mid $40's
Sublease from Exotix USA. Built with windowed executive office, windowed open area. Abundant light. High ceilings. Tenant controlled HVAC. Lease term: through June 2014.
130 West 42nd Street
1,300
$30
Sublease from Time Leverage Capital. Beautiful, newly built space in move-in condition. Separate entrance to a free-standing space. Shared conference room and common areas. Fully furnished with desks, computers, telecom. Lease term: 1 - 2 years.
156 West 56th Street
20,880
$40
Sublease from JTB USA, Inc. Full floor identity, built with 6 offices, 2 conference rooms, almost 100 workstations. Can be leased with part of the floor below. Lease term: through December 2018.
135 East 57th Street
12,800
$59
Sublease from MCF. Full floor identity in move-in condition, built with 22 windowed offices, 3 conference rooms, boardroom, 42 trading positions, 6 workstations, data center, supplemental HVAC. Lease term: through July 2013.
152 West 57th Street
4,003
Mid $60's
Sublease from RJ O'Brien & Associates. Move-in condition, built with 3 windowed offices, windowed conference room, trading area for 20 traders. Furniture can be made available. Lease term: through April 2014.
1211 Avenue of the Americas
15,770
$68
Sublease from Ropes and Gray. Ideal for attorneys. High-end build-out with 18 windowed offices, 2 corner windowed offices, interior offices, windowed boardroom, windowed conference room. Lease term: flexible.
75 Broad Street
4,471
Low to mid $20's
Sublease from MediaWhiz. Built with 2 windowed offices, windowed conference room, windowed open area for 22 people. Lease term: through September 2013.
261 Fifth Avenue
5,812
$29
Sublease from Administaff. Built with 3 windowed offices, windowed conference room, large open area. Furniture available. Lease term: through May 2013.
500 Fifth Avenue
8,417
$39
Sublease from Louis Capital. Built with 2 windowed offices, 2 interior offices, 2 windowed conference rooms, 42 trading positions, reception, supplemental A/C Lease term: through February 2013.
415 Madison Avenue
14,314
Mid to High $30's
Sublease from Cossette Communications. In move-in condition with an efficient mix of offices, conference room, open area. Furniture and phones available. Lease term: through October 2015.
59 Maiden Lane
18,903
$35
Sublease from Assent / Sungard. Ideal for a trading firm. Built with 8 windowed offices, 2 interior offices, windowed conference room, 46 workstations, 46 trading positions. Lease term: through January 2015.
410 Park Avenue
2,999
$67
Sublease from Joukowsky Family Foundation. High-end, extremely efficient build-out consisting of 4 windowed offices, interior conference room, open area. Furniture and phones may be made available. Lease term: through May 2018.
410 Park Avenue
3,050
$45
Sublease from Rosemount Capital Management. High-end build-out consisting of 3 windowed offices, 2 interior offices, interior conference room, offices and conference room are glass-fronted, 10 fully wired trading positions. Furniture is available. Lease term: through September 2012.
750 Seventh Avenue
14,613
Mid $40's
Sublease from Mendes and Mount. Built with 17 windowed offices, 3 corner windowed offices/conference rooms, 2 interior offices, 11 secretarial positions, 18 workstations. Lease term: through December 2013.
48 Wall Street
6,900
$35
Sublease from Markhoff & Mittman. Above standard installation, built with 5 windowed offices, 2 windowed conference rooms, 22 workstations. Fully furnished with tele-communications infrastructure. Lease term: through May 2013.
33 Whitehall Street
16,003
High $30's
Sublease from LaBranche & Co. High end trading space with raised floor, supplemental air conditioning. Furniture and phones are negotiable. Lease term: through February 2017.
2 World Financial Center
23,961
$36
Sublease from Orange Business Services. Built with 10 windowed offices, 3 conference rooms, more than 75 workstations. Lease term: through September 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