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FIDI Office Space for Lease

FIDI Office Space for Lease

FIDI Office Space for Lease FIDI office space for lease at the end of the third quarter of 2015 averaged a quoted $47.22 per rentable square foot according to Costar, the Commercial Real Estate Information Company. The boundaries of the FIDI (Financial District) sub-market are shown in the map below.      A more detailed analysis ofContinue Reading

Lower Manhattan Offices for Rent- Best Deals In Town

Lower Manhattan Offices for Rent- Best Deals In Town

Lower Manhattan Offices for Rent This report on Lower Manhattan Offices for Rent was compiled in September 2015. Availability and pricing can change daily. Contact Cogent Realty Advisors for updated information: (212) 509-4049. Cogent Realty Advisors is a NO FEE Tenant Representation Broker. Rental rates for Lower Manhattan offices have increased over the past year dueContinue Reading

Downtown NYC Offices for Rent

Downtown NYC Offices for Rent

Downtown NYC Offices for Rent The information provided here about Downtown NYC Offices for Rent was compiled in August 2015. Contact Cogent Realty Advisors for updated information: (212) 509-4049. Cogent is a NO FEE Tenant Representation Broker.       BY THE NUMBERS… Downtown NYC Offices for Rent  The sub-markets examined include the World TradeContinue Reading

Tech and Media Offices in Downtown NY

Tech and Media Offices in Downtown NY

Tech and Media Offices in Downtown NY Tech and Media Offices in Downtown NY are a major segment in the leasing market. As reported in the Wall Street Journal, 1.63 million square feet of downtown space was leased to tech companies in 2014. The primary impetus for this activity is economic: at the close of 2014, averageContinue Reading

Law Office Sublease in Downtown NYC

Law Office Sublease in Downtown NYC

Downtown Law Office Sublease A Downtown Law Office Sublease has just been listed on Broadway in lower Manhattan. This space has many features that make it an outstanding deal. For an introduction to subleases link here- NY Office Sublease- Concepts and here- Sublease Risks and Rewards.  (1) Below Market Rent: The asking rent is $34.00 PSF. ComparableContinue Reading

Fashion Showrooms for Rent

Fashion Showrooms for Rent Fashion Showrooms for Rent in NYC, in and around the Garment Center, are in short supply in 2015. The primary reason for this is that an improved economy has stimulated strong leasing activity from fashion, TAMI (technology, advertising, media and internet) and professional offices. Other reasons include a re-positioning of someContinue Reading

Lower Manhattan Office Rental Rates in Q3 2014

Lower Manhattan Office Rental Rates in Q3 2014

Lower Manhattan Office Rental Rates in Q3 2014 Lower Manhattan Office Rental Rates in Q3 2014 increased modestly over the prior quarter. In Q3 the average quoted rent (across Class A, B & C buildings) was $46.11 PSF, up 1.58 % over $45.39 in Q2. The Lower Manhattan sub-market includes the Insurance and Financial DistrictsContinue Reading

Downtown NY Office Space for Rent- Fall 2014

Downtown NY Office Space for Rent- Fall 2014 examines rents, availability and municipal incentive programs in Lower Manhattan. Downtown NY remains a “value-play” for business demanding more economical rents and leasing incentives when compared to elsewhere in the city. Additionally, substantially improved amenities (the Fulton Center, World Trade Center, parks, restaurants and apartments) are resonating withContinue Reading

Wall Street Offices Now Available for Your Company

Wall Street Offices Now Available for Your Company

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 2,500Continue Reading

Lower Manhattan Office for Rent

Lower Manhattan Office for Rent

Lower Manhattan Office for Rent  If you are looking for a Lower Manhattan office for rent, as of July 2014 there are still great values to be had. The average asking rent in Lower Manhattan  for A, B and C class office buildings in Q2 was $45.44 PSF. A multitude of TAMI (technology, media, advertising, internet) companies haveContinue Reading

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