Midtown, NYC Office Space Deals 2018-01-11T12:02:21+00:00

BEST MIDTOWN, NYC OFFICE SPACE DEALS
JANUARY, 2018

 
 
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Newsletter of Wharton Property Advisors, Inc.
January 2018

Best Deals on Office Space in Midtown, New York City
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“New Year’s is a harmless annual institution, of no particular use to anybody save as a scapegoat for promiscuous drunks, and friendly calls and humbug resolutions.”

Mark Twain
 
Below is a sampling of the best deals now available in Midtown NYC.
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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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60 East 42nd Street (between Park and Madison Avenues)
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9,429 RSF                       $69/SF

Sublease from Ales Group.
14 offices, open area accommodating 20+ workstations, conference room, 2 pantries and a reception area.
Suitable for private equity or finance firm.
Lease term through August 2021.

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228 East 45th Street (between Second and Third Avenues)
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2,697 RSF                        $49/SF

Sublease from Geheira Limited.

2 interior offices, open area, conference, pantry, and a reception area.
Suitable for hedge fund or broker dealer.
Lease term through November 2020.

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126 East 56th Street (between Park and Lexington Avenues)
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7,136 RSF                         $46/SF

Sublease from Westpark Capital.
11 offices, bullpen with 17 workstations, conference room, pantry, and a reception area.
Suitable for private equity or finance firm. 
Lease term through June 2021.
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150 East 58th Street (between Third and Lexington Avenues)
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1,756 RSF                      $64/SF

Sublease from Premiere Equities.
3 offices, conference room, storage room, closets, and a reception area.
Ideal for private equity or law firm.
Lease term: 5 years.
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729 Seventh Avenue (S/E/C West 49th Street)
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3,412 RSF                      $57/SF

Sublease from Entertainment Industry Foundation.
5 offices, open space with 4 workstations, conference room, IT/Storage closet, pantry, and a reception area.
Great for law firm, accounting or media.
Lease term through December 2022.
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500 Fifth Avenue (N/W/C West 42nd Street)
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10,884 RSF                       $68/SF

Sublease from General Growth Properties, Inc.
7 offices, open are with 33+ workstations, 3 conference rooms, IT closet, pantry, and a reception area.

Perfect for hedge fund or broker dealer.
Lease term through March 2024.
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295 Madison Avenue (S/E/C East 41st Street)
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3,800 RSF                         $72/SF

Sublease from Corra Technology Inc.
2 offices. open space with seating for 20+. conference room, phone booth, and a pantry.
Perfect for technology firm.
Lease term through May 2020.
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444 Madison Avenue (between 49th and 50th Streets)
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2,204 RSF                      $86/SF

Sublease from Gallatin Capital.
Open layout with 16 trading positions, conference room, IT closet and a pantry.

Suitable for broker dealer.
Lease term: flexible up to 6 years.
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590 Madison Avenue (S/W/C East 57th Street)
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24,189 RSF           mid-$70's/SF

Sublease from Aspen Insurance.
35 offices, 18 support workstations, 2 conference rooms, 2 pantries, and a reception area.
Suitable for law firm.
Lease term through February 2032.
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28 West 44th Street (between Fifth and Sixth Avenues)
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1,394 RSF                        $59/SF

Sublease from Cosmopolitan Capital Funding.
2 offices, open area, conference room, pantry.
Ideal for accounting or law firm.
Lease term through October 2022.
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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!

January 2018