Midtown NYC Office Space Deals February 2018 2018-03-01T12:37:40+00:00

BEST MIDTOWN, NYC OFFICE SPACE DEALS
FEBRUARY, 2018

 
 
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Newsletter of Wharton Property Advisors, Inc.
February 2018

Best Deals on Office Space in Midtown, New York City
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“Making money is art and working is art and good business is the best art.”

Andy Warhol
 
Below is a sampling of the best deals now available in Midtown NYC.
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888 Seventh Avenue (N/W/C West 56th Street)
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3,547 RSF              high-$60's/SF

Sublease from Hudson Advisors LP.
7 windowed offices, open area for 3+, conference room, pantry and a reception area.
Suitable for law firm or finance firm.
Lease term through September 2023.

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200 West 41st Street (S/W/C Seventh Avenue)
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8,780 RSF                        $58/SF

Sublease from Black Mountain Systems.
1 office, open area with 61 workstations, 3 conference rooms, 4 call rooms, pantry, and a reception area.
Suitable for fintech or creative use.
Lease term through October 2022.

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205 East 42nd Street (between Second and Third Avenues)
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22,264 RSF                       $55/SF

Sublease from United Way of NYC.
8 offices, open are seating for 21+, 5 large conference rooms, large event space/meeting room, pantry and a reception area.
Suitable for non-profit or TAMI tenant.
Lease term: 5 to 10 years.
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420 Lexington Avenue (between 43rd and 44th Streets)
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937 RSF                       $61/SF

Sublease from Beni Internazionali USA Inc.

1 office, conference room, pantry, and a reception area.
Ideal for accounting or any office use.
Lease term through February 2020.

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321 West 44th Street (between Eighth and Ninth Avenues)
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7,442 RSF                      $39/SF

Sublease from Ballard Spahr LLP.
8 windowed offices, 5 interior offices, space for 4+ workstations, 2 large conference rooms, pantry, and a reception area.
Ideal for law firm.
Lease term through June 2022.
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2 West 45th Street (between Fifth and Sixth Avenues)
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3,115 RSF                      $49/SF

Sublease from Thaumaturgix, Inc.
3 offices, open area, conference room, pantry, and a reception area.
Great for tech firm or TAMI tenant.
Lease term through November 2022.
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126 East 56th Street (between Park and Lexington Avenues)
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5,882 RSF                       $99/SF

Sublease from BelHealth Investment Partners, LLC.
10 offices, open area with 4 workstations, 2 conference rooms, pantry and a reception area.
Perfect for law firm or private equity.
Lease term through April 2024.
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599 Lexington Avenue (between 52nd and 53rd Streets)
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17,627 RSF                       $79/SF

Sublease from K&L Gates, LLP
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11 partner offices, 17 associate offices, 3 interior offices, open space with 12 workstations, conference room, pantry, and a reception area.
Perfect for law firm.
Lease term: 3 to 12 years.
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280 Park Avenue (49th Street between Park and Madison Avenues)
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24,790 RSF            mid-$60's/SF

Sublease from Promontory Financial Group, LLC.
21 windowed offices, 6 interior offices, open area with 41+ workstations, 3 conference rooms, and a pantry.
Reception area to be built.
Suitable for private equity or other financial services firm.
Lease term trough January 2025.
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299 Park Avenue (between 48th and 49th Streets)
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28,336 RSF                    $49/SF

Sublease from MarketAxess Corporation.
10 windowed offices, open area with 139 workstations, board room, 4 conference rooms, 2 huddle rooms, 2 team rooms, 2 pantries, and a reception area.
Suitable for fintech firm.
Lease term through February 2022.
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800 Third Avenue (between 54th and 55th Streets)
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3,762 RSF                        $69/SF

Sublease from Methuselah Advisors.
4 offices, open area with 8 workstations. conference room, pantry, and a reception area.
Perfect for hedge fund or broker dealer.
Lease term: 3 to 6 years.
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6 East 45th Street (between Madison and Fifth Avenues)
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2,000 to 4,674 RSF           $35/SF

Sublease from Adeptus.
Space is divisible, with separate entrances for divisions.
6 offices, open area, conference room, kitchen, private restrooms, and reception area.
Ideal for accounting, law firm or any office use.
Term through December 2019.
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Wharton Property Advisors, Inc. helps NYC office tenants find and dispose of office space. We provide the full range of commercial real estate services. Finding and negotiating great deals is our specialty. Moreover, we represent our clients with intelligence, honesty and diligence!

February 2018