office space deals august 2017 2017-09-06T15:36:35+00:00

BEST DEALS ON NYC OFFICE SPACE
AUGUST, 2017

Plaza District Spaces
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150 East 52nd Street
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2,193 RSF        $55/SF

Sublease from Leonard Zak & Associates.

2 offices, open area, conference room, pantry, and reception area.
Perfect for accounting or finance.
Lease term through July 2020.

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40 West 57th Street
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25,000 RSF        $85/SF

Sublease from AlixPartners, LLP.

26 offices, open area, 3 conference rooms, pantry, and reception area,
Perfect for law firm or consulting.
Lease term through July 2024.

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477 Madison Avenue (at 51st Street)
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4,472 RSF        $63/SF

Sublease from Cambridge Capital Holdings.
Large executive office with conference area and private restroom, office, open area, pantry, and reception area.
Perfect for investment advisor or broker dealer.
Lease term through December 2020.

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1330 Avenue of the Americas (between 53rd and 54th Streets)
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3,072 RSF        $80/SF

Sublease from Noble Capital.
3 offices, open trading floor, conference room, pantry, and reception area.
Perfect for broker dealer or hedge fund.
Lease term through December 2019.
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410 Park Avenue (55th Street)
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3,300 RSF        mid-$60's/SF

Sublease from IAM Limited, LLC.
1 office, open area, 2 conference rooms, pantry, and reception area.
Perfect for broker dealer or hedge fund.
Lease term through March 2020.
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Penn Plaza / Times Square Spaces
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729 Seventh Avenue (at 49th Street)
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Cubicles available

Sublease from a prestigious foundation.
Will sublet all or part of available space.
5 workstations/cubicles available.
Shared access to 20 seat conference room, 10 seat conference room, 6 seat conference room, kitchen and reception/services area.
Unique opportunity for a nonprofit, foundation, law firm or any office tenant.
Lease term: 1 to 6 years.
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1450 Broadway (at 41st Street)
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12,259 RSF        $55/SF

Sublease from W. P. Carey Inc.
10 offices, open area, 2 conference rooms, pantry, and reception area. Two terraces.
Perfect for broker dealer or hedge fund.
Lease term through January 2021.
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11 Penn Plaza (7th Avenue between 31st and 32nd Streets)
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56,336 RSF        $65/SF

Sublease from Macy's.
48 offices, open seating areas, 9 conference rooms, pantry, and reception area.
Perfect for law firm or accounting.
Lease term through April 2035.
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1370 Broadway (at 37th Street)
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4,479 RSF        $59/SF

Sublease from R3.
Large open area, 2 conference rooms, lounge, pantry, and reception area.
Suitable for tech or marketing.
Lease term through December 2020.
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1040-1048 Avenue of the Americas (at 39th Street)
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12,007 RSF        high-$40's/SF

Sublease from Update, LLC.
14 offices, open area, conference room, meeting room, file room, eat-in-pantry, and reception area.
Suitable for tech or marketing.
Lease term through October 2024.
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132 West 31st Street
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6,079 RSF        $63/SF

Sublease from Tronc, Inc.
4 offices, open area, 2 conference rooms, pantry, and reception area.
Suitable for new media or tech.
Lease term through October 2021.
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Midtown South Spaces
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531 West 25th Street (between 10th and 11th Avenues)
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2,800 RSF                        $50/SF

Sublease from MediaBend Capital Inc.
Beautiful turnkey sublet space in prime Chelsea District, next to the High Line.
4 offices and open area.
Shared reception area with glass entry doors into separate spaces, shared pantry and restrooms. Space is furnished.
Ideal for new media, creative, advertising or fashion use,
Lease term through September 2021.
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3 Park Avenue (between 33rd and 34th Streets)
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11,575 RSF                        $39/SF

Sublease from Activision.
12 offices, open area, board room, 3 conference rooms, copy/fax room, pantry, and reception area.
Ideal for TAMI tenant.
Lease term through June 2022.
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860 Washington Street (between 13th and 14th Streets)
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10,853 RSF                        $155/SF


Sublease from Alibaba.
Raw space. Next to High Line. Magnificent views.
Ideal for TAMI or fashion tenant

Lease term through December 2027.
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229 West 28th Street
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6,003 RSF                        $49/SF


Sublease from Rodgers & Hammerstein Organization.
Open space with a conference room.
Perfect for TAMI tenant.
Lease term through May, 2023.
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36 East 12th Street
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5,000 RSF                        $69/SF


Sublease from Rhythm One.
3 offices, open area, 2 conference rooms, pantry, and reception area.
Perfect for TAMI tenant.
Lease term through April 2023.
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Grand Central Area Spaces
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6 East 45th Street
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4,674 RSF        $32/SF

Sublease from Adeptus.
6 offices, open area, conference room, kitchen, private restrooms, and reception area.
Ideal for accounting, law firm or any office use.
Term through December 2018.
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140 East 45th Street
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5,862 RSF        $50/SF

Sublease from Tivo.
2 offices, open area, conference room, phone booth, meeting room, pantry, and reception area.
Suitable for trading firm or hedge fund.
Term through July 2020.

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747 Third Avenue (between 46th and 47th Streets)
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9,700 RSF        $40/SF

Sublease from Thomson Reuters.
2 offices, open area, conference room, pantry, and reception area.
Suitable for broker dealer or hedge fund.
Term through May 2021.

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505 Fifth Avenue (at 42nd Street)
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25th Floor     10,876 RSF
26th Floor       8,471 RSF
27th Floor       8,471 RSF
Total              27,818 RSF   $72/SF


Sublease from American Capital, Ltd.
Glass enclosed stair case connects floors.
Floors can be leased individually or as a bloc.
25th Floor has 13 offices, open area, 2 conference rooms, pantry and reception area.
26th Floor has 8 offices, open area, conference room, lounge, pantry and reception area.
26th Floor has a landscaped terrace.
27th Floor has 10 offices, open area, conference room, pantry and reception area.
Suitable for finance firm or law offices.
Term through November 2026.

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Downtown / Financial District Spaces
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115 Broadway (between Thames and Cedar Streets)
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1,913 RSF        $54/SF

Sublease from Karvy, Inc.
Executive office, open space, conference room, pantry, and reception area.
Perfect for financial services.
Term through September 2020.
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17 State Street (between Pearl and Water Streets)
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4,507 RSF        $54/SF

Sublease from Trident Brokerage Services LLC.
4 offices, open area, 2 conference rooms, and reception area.
Perfect for broker dealer or hedge fund.
Term through December 2019.
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123 William Street (between John and Fulton Streets)
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7,746 RSF        $50/SF

Sublease from automotiveMastermind.
4 offices, open area, conference room, 4 phone booths, pantry, and reception area.
Suitable for broker dealer or TAMI tenant.
Term through March 2021.
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40 Wall Street (between Nassau and William Streets)
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4,706 RSF        $43/SF

Sublease from Coastal Trade.
5 offices. open area, conference room, pantry, and reception area.
Suitable for broker dealer or hedge fund.
Term: 2 to 7 years available.

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75 Broad Street (between William and Beaver Streets)
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6,223 RSX        $48/SF

Sublease from Blue Engine.
5 windowed offices, 2 interior offices, open area, conference room, IT
 room, large eat-in-pantry/meeting room, and reception area.
Suitable for TAMI tenants.
Term through February 2022.

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Contact Ruth Colp-Haber at
212.759.0408
ruth@whartonproperties.net
for more details about these spaces and other opportunities.

www.whartonproperties.net
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!

August 2017