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Plaza District

Office Rental Rates in the Plaza District

Office Rental Rates in the Plaza District

Office Rental Rates in the Plaza District  Office Rental Rates in the Plaza District at the end of the first quarter of 2016 increased less than 1% over the quoted rent at the end of 2015. This long awaited respite portends a market that is close to its peak. As reported by Costar, the Commercial Real EstateContinue Reading

NYC Office Condos for Sale in the Plaza District

NYC Office Condos for Sale in the Plaza District

NYC Office Condos for Sale in the Plaza District NYC Office Condos for Sale are located on 59th Street in the Plaza District, one block from Central Park. The offices are situated in a Class A full service commercial condominium building featuring a marble lobby, 24- hour 7- day per week concierge, new elevators, electronic security systemContinue Reading

Showroom and Gallery Space in the Plaza District

Showroom and Gallery Space in the Plaza District

Showroom and Gallery Space in the Plaza District Showroom and Gallery Space in the Plaza District is in limited supply in 2015 and for the foreseeable future. The reasons for this include:  (1) Declining commercial vacancy: Costar, the Commercial Real Estate Information Company reported an 8.2% vacancy rate in the Plaza District for the firstContinue Reading

Luxury Office Space in the Plaza District

Luxury Office Space in the Plaza District

Luxury Office Space in the Plaza District Luxury Office Space in the Plaza District continues to be leased by financial firms, although at slower rate than TAMI companies are signing for creative units in Midtown South and Lower Manhattan. According to Costar, the Commercial Real Estate Information Company, Plaza District Rents increased from an average of $69.93Continue Reading

Unique Plaza District Offices for Lease

Unique Plaza District Offices for Lease

Unique Plaza District Offices for Lease Unique Plaza District Offices for Lease are available at 135 East 57th Street, at the northwest corner of Lexington Avenue. Regarded as a postmodern masterpiece, the building was designed by the New York-based architectural firm of Kohn Pedersen Fox. Constructed in 1988, the 34-story tower faces the corner- not with aContinue Reading

Prebuilt Corporate Offices in the Plaza District

Prebuilt Corporate Offices in the Plaza District

Prebuilt Corporate Offices in the Plaza District  Prebuilt corporate offices can be categorized as: (1) Newly constructed and never occupied; and (2) Second generation and previously occupied. New construction offers users the most contemporary layouts, finishes and infrastructure (electrical service, plumbing, H.V.A.C. and telecom connectivity). Provided that it was built within the past seven yearsContinue Reading

Corporate Headquarters in the Plaza District

  Corporate Headquarters in the Plaza District The Plaza District  has NYC’s highest concentration of financial, legal and public companies. They come for the Class A buildings, elegant restaurants, luxury stores and services. This blog reports on three impressive corporate headquarters  for lease in the Plaza District. The Tenant Representation firm of Cogent Realty maintains comprehensive listings for office spaceContinue Reading

Office Sublease in the Plaza District

Office Sublease in the Plaza District

Office Sublease in the Plaza District At the present time there is a nice selection of mid-size office subleases in the Plaza District. Many of these spaces have been vacated by companies that have merged, been acquired or expanded to larger spaces. These scenarios bode well for a sublessee because they predict the financial stability of theContinue Reading

57th Street Office for Rent

57th Street Office for Rent

57th Street Office for Rent If your business is looking for a 57th Street office for rent, a concise overview of the market is important. 57th Street is a trophy business district and high rents confirm this. Many financial firms (wealth management, hedge fund and private equity) populate its buildings, as well as professional services, showroomsContinue Reading

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