SUBLEASES GALORE

Newsletter of Wharton Property Advisors, Inc. - January, 2012

Re: Best Deals on Office Space in New York City

 

"Be a yardstick of quality. Some people aren't used to an environment where excellence is expected."                                                                                                
                                                                                       Steve Jobs
                                                                                        1955 - 2011

                                                                                       
                                                                                       

For almost one-quarter century Wharton Property Advisors has been a yardstick of quality in the office leasing business. Our clients expect excellent results and we deliver.

Always monitoring the market, we scour the available opportunities for bargain properties. 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 assist. 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 

             
  460 West 34th Street  

 7,866

 

 $29

 

Sublease from RICG. Built with 5 windowed and 5 interior offices, interior conference room, open area for at least 30 people. Great light. Panoramic city and river views. Lease term: 3 to 5 years.

             
  145 West 45th Street  

 3,346

 

 $47

 

Sublease from The Producing Office. Built with 5 windowed offices. Furniture and phones included. Can be leased with the 7th floor, 5,310 sf, for a total of 8,656 sf. Lease term: through July 2017.

             
  100 Avenue of the Americas  

16,814

 

$42

 

Sublease from DST Systems. Recently built creative space, predominantly open, with high ceilings, large windows with great light. Lease term: through December 2016.

             
  1270 Avenue of the Americas  

 18,551

 

$50

 

Sublease from Premiere Radio Networks (a division of Clear Channel Communications). Above standard, office intensive layout, supplemental HVAC, full floor presence. Lease term: through August 2017.

             

  1370 Avenue of the Americas

 

5,933

 

High $50's

 

Sublease from OpenLink Financial. Built with 12 windowed offices, 1 windowed shared office, 2 interior offices, windowed conference room, interior conference room, interior board room, open area. Lease term: through April 2014.

             

  75 Broad Street 

 

1,363

 

 High $20's

 

Sublease from New World Records. Brand new installation, built with 2 windowed offices, windowed conference room, open area. Furniture available. Lease term: 4 years.

             

  111 Broadway

 

3,643

 

Mid-$30's

 

Sublease from WOR Radio. Built with 1 office, open area, windows on 3 sides. Furniture is available. Lease term: 3 to 5 years.

             

  1440 Broadway

 

30,841

 

$44

 

Sublease from The After School Corp. Built with a mix of 19 windowed offices, conference room, training rooms, open area for 104 workstations. Three ton supplemental A/C. Furniture, fixtures, phones can be made available. Lease term: through September 2017.

             

  335 Madison Avenue 

 

5,500

 

 $49

 

Sublease from Itochu International. Built with 6 windowed, glass enclosed offices, 1 interior, glass enclosed office, windowed conference room, open area. Lease term: through October 2016.

   

 

 

 

 

 

  540 Madison Avenue 

 

 2,750

 

 Mid-$90's

 

Sublease from Vedanta. Two floors, built with 8 glass-fronted windowed offices, conference room, open area, usable terraces on both floors. The 38th floor has 17' ceilings, sky-windows on peaked roof on 39th floor. Private bath and shower on each floor. Furniture can be made available. An additional floor of 6,950 sf can be made available. Lease term: through October 2017.

   

 

 

 

 

 

  59 Maiden Lane 

 

 18,903

 

 $28

 

Sublease from Sungard. Never before occupied built trading installation. Over 100 trading positions. Excellent light and views. Furniture available. Lease term: through January 2015.

   

 

 

 

 

 

  95 Morton Street 

 

 16,690

 

 Mid-$20's

 

Sublease from Recyclebank. Built with mix of windowed offices, windowed conference room, interior boardroom, more than 40 workstations. Lease term: through February 2014.

   

 

 

 

 

 

  430 Park Avenue 

 

 4,483 -16,400

 

$69

 

Sublease from Axis RE. Built with a mix of windowed offices facing Park Avenue, windowed board room, 2 interior conference rooms, large open areas, ideal for trading, rolling files. Lease term: through February 2015.

             

  498 Seventh Avenue 

 

 29,416

 

$42

 

Sublease from Liquidnet. Above standard installation, built with a mix of windowed and interior offices, conference room, open area. Great natural light. Furniture available. Lease term: through January 2019.

             

  733 Third Avenue 

 

 5,323

 

$39

 

Sublease from National Life Insurance. Built with 5 windowed offices, 4 interior offices, windowed conference room, open area to accommodate 14 work-stations. Lease term: through March 2015.

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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