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Corporate Headquarters in the Plaza District

By Mitch Waldman | Feb 13, 2014

  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 space…

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Commercial Lofts in NYC

By Mitch Waldman | Feb 8, 2014

Commercial Lofts in NYC Commercial lofts are in strong demand as a result of the expansion of the media and tech industries. In fact, Midtown South  with its high concentration of commercial lofts, had a vacancy rate of 6.9% and average rents of $54.33 PSF at the end of 2013. Big drivers of the commercial loft market…

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Hedge Fund Sublease- Steps from Central Park

Hedge Fund Sublease in the Plaza District

By Mitch Waldman | Jan 31, 2014

Hedge Fund Sublease in the Plaza District This hedge fund sublease has everything going for it!        (1) A gorgeous location in a Class A building at 57th Street and Fifth Avenue; (2) Elegant space with an intelligent design; (3) AAA quality Sub-landlord; (4) Well below market rent; and (5) A generous lease term length…

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Below Market Rent on Madison Avenue

Madison Avenue Office with Below Market Rent

By Mitch Waldman | Jan 27, 2014

Madison Avenue Offices with Below Market Rent Identifying office space with a below market rent on  Madison Avenue is challenging. Madison Avenue used to be synonymous with the advertising industry which clustered there. Currently, most of the ad agencies have relocated and the majority of Tenants north of 42nd Street are well heeled financial service firms, with…

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NY Office Rental Rates- Year End 2013

Office Rental Rates in NY- Year End 2013

By Mitch Waldman | Jan 16, 2014

Office Rental Rates in NY- Year End 2013 Its a big city! At the close of 2013 total office inventory in New York City amounted to 552,186,191 square feet in 3,884 buildings. But how were these spaces priced? According to Costar Group, Inc., city-wide rental rates continue to trend upward and averaged $52.35 PSF, an increase…

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Office Sublease in the Plaza District

Office Sublease in the Plaza District

By Mitch Waldman | Jan 14, 2014

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 the…

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2nd Floor Space for Rent in NYC 885 Avenue of the Americas

2nd Floor Space for Rent in NYC

By Mitch Waldman | Jan 6, 2014

2nd Floor Space for Rent in NYC Motivations for securing 2nd floor space for rent in NYC vary. Foremost among them is the need for direct street or lobby access for clients and employees. Other rationales include a substantial reduction in rent compared to a comparable ground floor space, the possible inclusion of signage and…

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Rent an Office at 40 Wall Street

Rent an Office at 40 Wall Street, The Trump Building

By Mitch Waldman | Dec 20, 2013

Rent an Office at 40 Wall Street Now is the time to rent an office at 40 Wall Street. Unprecedented demand by midtown firms migrating downtown for affordable rents and a better quality work environment is absorbing vacant office space at a rapid pace. Also known as The Trump Building, 40 Wall Street is a National Landmark…

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Renting an office in Hudson Square

Hudson Square Office Rental

By Mitch Waldman | Dec 13, 2013

Hudson Square Office Rental Thinking about a Hudson Square office rental? Hudson Square is  NYC’s most creative hub and populated by more than 1,000 businesses working in advertising, architecture, media, design and boutique financial services. Once the center of the printing industry, its buildings have expansive floors, high ceilings and plenty of light to create high…

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