Wall Street Offices Now Available for Your Company
Wall Street Offices Available Now
Wall Street offices now available for your company to rent remain plentiful in spite of strong leasing activity by relocating midtown firms. According to Costar, at the end of June 2014 the Wall Street vacancy rate was 14.8% with an average gross asking rent of $42.31 PSF. The one exception is smaller offices (under 2,500 RSF) which are in limited supply.
Municipal Incentives for Leasing Wall Street Offices
When leasing a Wall Street offices your business may be qualified to receive a total of $10.00 PSF in rent credits which are amortized over a 5 year term. Link here for information about the Lower Manhattan Revitalization Plan.
Fall of 2014 & Winter 2015 Wall Street Offices for Lease
2 Wall Street: • Class B building (1932/1986) • 24/7 attended lobby • Boutique building with excellent service • Landlord will build-to-suit or provide cash for Tenant’s construction. (Vacant spaces shown are demolished.)
3,237 RSF, “Build-to-Suit”, Asking $38
10,262 RSF, “Build-to-Suit”, Asking $38
14 Wall Street: • Class A building (1912/2006) • 24/7 attended lobby • Recent capital improvement program included modernization of building systems and restoration of the lobby • Pre-built offices with elegant finishes.
5,018 RSF, “Pre-built”, asking $38
10,707 RSF, “Pre-bult”, Asking $38
40 Wall Street: • Class A building (1920) • National Landmark, aka “the Trump Building” • 24/7 attended lobby • Panoramic views from upper floors • Landlord will build-to-suit. (Possible designs are shown.)
9,248 RSF, “Perimeter Office Design”, Asking $48
9,248 RSF, “Trading Floor Design”, Asking $48
44 Wall Street: • Class B building (1927/2006) • 24/7 attended lobby • Renovated lobby • Messenger center • Pre-built loft-style offices with hardwood floors, glass-fronted offices & open ceilings.
603 @ 2,347 RSF and 604 @ 3,019 RS, “Pre-built” Asking $39
48 Wall Street: • Class A building (1928/2000) • 24/7 attended lobby • NYC Landmark “Bank of New York” building • Pre-built loft-style office with concrete floors, glass-fronted offices & open ceilings.
5,803 RSF, “Pre-built”, Asking $42
100 Wall Street: • Class A building (1969/1994) • 24/7 attended lobby • New building mechanical systems • Pre-built and build-to-suit offices available.
4,044 RSF, “Pre-built”, Asking $44
RSF, “Build-to-Suit”, Asking $46
Best Strategy for Leasing a Wall Street Office
If your business plans on leasing a Wall Street Office, contact Cogent Realty Advisors. We are an experienced NO FEE Tenant Representative Broker with detailed information about all available spaces. Cogent will secure the optimal lease terms for you by utilizing in depth market knowledge, transaction expertise and our negotiation skills. Phone (212) 509-4049.
