UPDATE- MARCH 28, 2016:
Link HERE for details about New York City’s newest office building constructed for Hedge Funds, Private Equity and Family Offices.
Best Hedge Fund Office Space in NYC – Surprise! It’s in Lower Manhattan
Hedge funds, private equity and investment bankers don’t need to spend $90-plus per square foot on unremarkable high-end midtown space to get the best hedge fund office space in NYC. There is one downtown building that will blow away the competition in terms of architecture, views and economics. 17 State Street is at the very tip of Manhattan and one of its most photographed buildings. Designed by renowned Emory Roth and Sons and built in 1987, the distinct curved facade is clad in reflective glass which is illuminated in the evening. The 42 story building contains 530,000 square feet (SF) of space, with full floors measuring about 15,000 SF. Floor dimensions can best be described as ¼ of a pie, with the curved portion delivering amazing views of the harbor and Statue of Liberty, and the remaining sides facing the Hudson River and NJ to the West and Brooklyn to the East. 17 State Street is a Class A property with top-of-the-line security, building systems and amenities.
By Q2 2013, asking rents had climbed to $60 PSF due to diminishing inventory and strong interest from uptown boutique financial firms. Currently available offices range in size from 1,900 SF to private floors of 15,000 SF. Some units are elegant pre-builds and others have been demolished and are ready to be custom designed and constructed for a new Tenant.
17 State Street is steps from the N/R, 4/5, the Wall Street and Staten Island Ferry and heliport. State Street connects the FDR and West Street (West Side Highway.)
Looking For The Best Hedge Fund Office Space in NYC?
Contact Mitch Waldman at Cogent Realty Advisors for info about availability and rental rates at this property. (212) 509-4049. In our opinion this ranks as the best best hedge fund office space in NYC.