Midtown NYC Office Space Deals March 2018 2018-04-12T09:51:40+00:00

BEST MIDTOWN, NYC OFFICE SPACE DEALS
MARCH, 2018

 
 
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Newsletter of Wharton Property Advisors, Inc.
March 2018

Best Deals on Office Space in Midtown, New York City
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“Far and away the best prize that life offers is the chance to work hard at work worth doing.”

Theodore Roosevelt
 
Below is a sampling of the best deals now available in Midtown NYC.
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228 East 45th Street (between Second and Third Avenues)
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11,610 RSF                      $39/SF

Sublease from Doremus LLC.
7 offices, open area for 25, 2 conference rooms, server room, pantry, and a reception area.
Suitable for fintech or broker dealer.
Lease term through August 2023.


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150 East 42nd Street (between Third and Lexington Avenues)
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23,312 RSF                      $53/SF

Sublease from Wilson Elser.
36 offices, 19 support stations, 2 conference rooms, cafeteria, and a reception area.
Law firm installation.
Lease term through October 2028.


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666 Third Avenue (between 42nd and 43rd Streets)
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7,522 RSF                      $69/SF

Sublease from Abelman Frayne & Schwab
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10 offices, 20 workstations, 2 meeting rooms, shared conference rooms, shared pantry and a shard reception area.
Law firm space.
Lease term: flexible.



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423 West 55th Street (between Ninth and Tenth Avenues)
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2,787 RSF                        $50/SF

Sublease from Music Theatre International.
2 offices, open area for 10, conference room, and a pantry.
Suitable for non-profit or creative use.
Lease term: 2 to 4 years.

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1095 Avenue of the Americas (between 41st and 42nd Streets)
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15,383 RSF           high-$80's/SF

Sublease from Pantheon Ventures.
8 windowed offices, 6 interior offices, open area for 23, boardroom, 2 meeting rooms, pantry, and a reception area.
Suitable for private equity or other financial firm.
Lease term through January 2026.
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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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1501 Broadway (between 43rd and 44th Streets)
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4,975 RSF                      $48/SF

Sublease from Boneau/Bryan-Brown.
3 offices, open bullpen with 14 seats, conference room, pantry, and a reception area.
Ideal for fintech or broker dealer.
Lease term through November 2020.
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825 Eighth Avenue (between 49th and 50th Streets)
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9,291 RSF                      $49/SF

Sublease from Cravath, Swain & Moore LLP
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7 offices, open area with 20 workstations, conference room, storage room, copy room, pantry, and a reception area.
Suitable for law firm.
Lease term through August 2024.
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280 Park Avenue (between Park and Madison Avenues)
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6,344 RSF                       $83/SF

Sublease from Taconic Capital.
7 Office, open area with 29 workstations, and a pantry.
Perfect for fintech or broker dealer.
Lease term: 3 to 9 years.
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399 Park Avenue (between 53rd and 54th Streets)
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75,291 RSF                       $60/SF
3 Floors of 25,097 RSF each
Available separately

Sublease from Arnold & Porter LLP.
35 Partner offices, 63 associate offices, 5 interior offices, 55 workstations, 11 conference rooms, interior work area, multipurpose room, 4 pantries, 1 lunch room, 6 copy rooms, and a reception area.
Interconnecting stairs.
Perfect for law firm.
Lease term through October 2021.
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21 Penn Plaza (between Eighth and Ninth Avenues)
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4,708 RSF                        $54/SF

Sublease from Protagonist LLC.
Open area for 40 to 50 people, 2 conference rooms, 2 break out rooms, pantry, and a reception area.
Suitable for tech or media tenant.
Lease term trough May 2020.
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498 Seventh Avenue (S/W/C 37th Street)
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12,702 RSF                    $63/SF

Sublease from DL1961 Premium Denim, Inc.
9 offices, open seating for 50, 2 conference rooms, lounge/ pantry, and a reception area.
Creative space suitable for tech, marketing or fashion use.
Lease term through November 2022.
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850 Third Avenue (between 51st and 52nd Streets)
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23,599 RSF                        $59/SF

Sublease from TouchTunes Music Corporation.
4 executive offices, 17 offices, open areas with seating for 74, boardroom, 4 conference rooms, 2 pantries, and a reception area.
Perfect for marketing, technology or finance use.
Lease term through July 2024.
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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!

March 2018