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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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Renting an office at the Empire State Building

By Mitch Waldman | Dec 3, 2013

 Renting an office at the Empire State Building If you are planning on renting an office at the Empire State Building important information follows. Completed in 1931, the Empire State Building (ESB) was NYC’s tallest until the World Trade Centers were built in 1972, and remains its most famous. Not withstanding its age the ESB has been completely modernized…

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Renting an Office in Midtown South

By Mitch Waldman | Nov 27, 2013

Renting an Office in Midtown South If your firm plans on renting and office in Midtown South the information that follows is essential to understanding the market. Midtown South includes the neighborhoods of Chelsea, Gramercy Park, Hudson Square, Soho and Greenwich Village, spanning 30th to Canal Street and River to River.             …

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Renting an office on Wall Street

Rent an Office on Wall Street

By Mitch Waldman | Nov 22, 2013

Rent an Office on Wall Street  If your business plans to rent an office on Wall Street, the information that follows will help you understand the market. Although Wall Street is still regarded the world-over as a capital of finance, the number of financial businesses and buildings catering to them has diminished. As of 2013, of…

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New offices for media and technology in the Garment District

By Mitch Waldman | Nov 13, 2013

New offices for media and technology in the Garment District The Garment District (Ninth Avenue to Broadway, 35th- 42nd) is delivering new offices for media and technology businesses which are replacing the dwindling number of fashion Tenants. The influx is fueled by an exodus from areas where rents have skyrocketed. According to Costar, in Q3 2013…

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