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 have moved downtown to escape ballooning rents in overheated Midtown South which averaged $61.63 PSF. In Midtown it was $59.21 PSF.
In Lower Manhattan the published asking rents range from $22 PSF in a no-frills downtown loft up to $75 PSF at the state-of-the-art World Trade Centers. High quality full service Class B buildings with 24/7 attended lobbies are priced from $36 PSF.
Along with these savings, many Lower Manhattan Landlords will provide your company with a build-to-suit office space and free rent to offset relocation costs.
As an added bonus a municipal incentive program known as the Lower Manhattan Revitalization Plan gives qualifying Tenants rent credits totaling $10.00 PSF during a 5 year period.
Some Big Companies are Relocating to Lower Manhattan
Lower Manhattan is a great place for your next office
The soon to be completed $1.4 billion Fulton Center will link 11 subway lines 
and provide access to the Hudson River Ferries and PATH.
The 350,000 SF bi-level Mall at the World Trade Centers opening in 2015 will have an eclectic mix of retailers including Kate Spade, Hugo Boss, Breitling, Apple, Tumi, Papyrus, Kiehl’s, LEGO and Apple.
World Trade Center Memorial
The World Trade Center Memorial and Museum remains NYC’s top visitor destination.
The redesign of Brookfield Place New York will blend 8M SF of offices, with casual and Five-star dining, shopping, fitness and cultural events on the Hudson River waterfront.
Stone Street
Historic Stone Street is a land marked district lined with restaurants and pubs.
Best Strategy for Leasing a Lower Manhattan Office
Contact the experienced NO FEE Tenant Representative Broker, Cogent Realty Advisors. Cogent will secure the best lease terms for you by utilizing in depth market information, transaction expertise and negotiation skills. Phone (212) 509-4049.
