Rent a NY Showroom
This blog provides an overview for companies that plan to rent a NY showroom. In its most basic form showrooms can be divided into two categories: (1) Space for wholesale buyers to view merchandise for sale in retail stores; and (2) An actual retail store where a company sells its brand to consumers. NY Showrooms are either permanent and leased long-term or temporary, like those rented for a “market week” or a Pop-Up Stores.
Rent a NY Showroom- Building Categories
Highly Specialized Industry Building: Though few in number, special industry buildings thrive due to their restrictive policies about which firms can rent space. The resulting concentration creates a strong marketing platform. The World Diamond Tower at 580 Fifth Avenue is populated by prestigious wholesale jewelry, diamond and gemstone sellers. Offices from 258- 5,050 RSF are available asking $70 PSF.
General Industry Buildings attract a more diverse group of businesses that share a common focus. 10 West 33rd Street is a hub for men’s, boy’s and children’s clothing. The New York Market Center at 230 Fifth Avenue has over 200 showrooms displaying linens, housewares and furniture. The Architect’s & Designers Building at 150 East 58th Street has luxury designer showrooms for kitchen, bath, appliances and flooring.
Luxury & Boutique Building Venues. Although not industry specific or restrictive in admitting Tenants, The Fuller Building at 595 Madison Avenue is home to many showrooms and galleries. Limited space is available asking $85 PSF which includes a Landlord’s cash contribution for construction.
A SPECIAL OPPORTUNITY to
Rent a NY Showroom
Located in a swank Class A tower on Fifth Avenue this MOVE-IN READY private floor showroom sublease boasts great light, 12 foot ceilings and slick finishes. The asking rent is $63 PSF. (Compare to direct deals on raw space asking $75 PSF.) The sub-lessor is multi-national fashion conglomerate. Term through 2022.
BEST STRATEGY to rent A NY SHOWROOM
If your business plans to rent a NY showroom it can secure the optimal terms when it uses an experienced Tenant Representative like Cogent Realty. Contact Mitch Waldman today: (212) 509-4049.