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Home » NY » New York » 101 Park Avenue New York, NY 10017

101 Park Ave 38th Fl Legal Sublease: Turnkey 24-Office Space

SPACE DESCRIPTION

Navigating the Post-Covid Shift in Legal Office Requirements
The Covid-19 pandemic has catalyzed shifts in how law firms approach their workspace needs. For practices contemplating a return to a physical office, particularly in New York City, this legal office sublease at 101 Park Avenue offers a straightforward, flexible solution.  It is a fully fitted out sublease from Curtis Malet.

Tailor-Made for Legal Professionals
This sublease offers 24 offices, including 5 that are designed to accommodate partners. The turnkey space allows law firms to easily migrate operations back to a New York City office without the hassle of starting from scratch.

Building Highlights
101 Park Avenue stands as a premier location in Midtown Manhattan, offering advanced security measures, speedy elevators, and a fully-staffed lobby—attributes that make the building a preferred choice for legal firms.

Prime Midtown Location
Situated in Midtown, the building offers accessibility to Grand Central Station for hassle-free commutes. Proximity to legal landmarks such as the New York Public Library and local courthouses offers the added advantage of convenience for legal research and court visits.

Fully Wired and Ready
A dedicated IT room and pre-existing wiring simplify the technological transition, eliminating the need for extensive setup. Just bring your laptops and legal files—the space is ready to host your practice.

Growth Opportunities
The space also offers a rare feature for law firms with aspirations to expand: the option to add up to three additional full floors, each 20,600 sq. ft., fully furnished and in move-in condition.

HIGHLIGHTS

Furnished or UnfurnishedBring Your Own Phones
Bring Your Own InternetWired For Data + Phones
File Space Outside OfficesAttended Lobby
Class A BuildingParking Garage
KitchenLunch room
Great Light + Views

LISTING ADDRESS

101 Park Avenue
New York, NY 10017

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AVAILABLE OFFICES

5 Windowed Offices
Rent: Please Inquire		Partner Offices
15 Windowed Offices
Rent: Please Inquire		Associate Offices
4 Interior Offices
Rent: Please Inquire		Paralegals

WORKSTATIONS

10 Workstations
Rent: Please Inquire

LISTING DETAILS

Floorplan / Flyer
  • Space Type Available Offices
  • Host Practice Private Space (sq. ft)
  • Listing For Attorneys Only
  • Neighborhood Grand Central
  • Windowed Offices 20
  • Interior Offices 4
  • Workstations 10
  • Lease Type Sublease
  • Reception Services None
  • Conference Rooms Multiple
  • Total Suite Size 12,282 sq. ft.
  • Internet Provider Various / good selection
  • Possession/Vacancy Date Immediate/Vacant
  • Term of Lease 12/30/2032
  • Last Updated 08-21-2023

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Grand Central Facts

Grand Central

The Grand Central neighborhood of Manhattan runs from 36th Street to 47th Street between Fifth Avenue and the East River, with the focal point being Grand Central Station at 42nd Street.  This is one of the most active commercial real estate leasing districts in NY, and it encompasses approximately 55,000,000 rentable square feet of Class A and B office space in the east Midtown area.

There is no better diverse collection of different businesses and practices anywhere, which makes the Grand Central neighborhood a prime location for shared professional office space in all industries.  Shared legal office space, shared financial office space, shared tech office space and shared medical office space abound in this area – it is also a very healthy coworking area.

An unbelievable selection of restaurants and unusual dining venues like food trucks and food courts abound, taking into account a busy hour for all 3 meals of the day.  It is home to corporate headquarters and is famous for its Park Avenue corridor as the corporate home to a diverse group of national and international corporations, as Grand Central Terminal is one of the busiest transportation hubs in Manhattan.  There is also a diverse selection of embassy locations, diplomatic missions,  and personnel due the the United Nations headquarters here.

Corporate headquarters locations include:  Bloomberg L.P., JPMorgan Chase, Time Warner, Citigroup, CBS, Ernst & Young, Deloitte, Estee Lauder, MetLife, Morgan Stanley, NBC, Sumitomo Corp., Hachette Book Group, Alitalia, Viacom, TBWA Worldwide, Univision, Thomson Reuters and of course The New York Times Company, and CUNY.

Important new construction includes buildings at 1 Vanderbilt Avenue, 380 Madison Avenue and 425 Park Avenue.  These projects coincide with the rezoning of the Grand Central office district which should revitalize the older office stock through renovation, construction and additions to modernize the inventory of available commercial office space.

Some buildings that rank high in the “office sharing” index include:

·         60 East 42nd Street

·         666 Third Avenue

·         708 Third Avenue

·         420 Lexington Avenue

·         405 Lexington Avenue

·         535 Fifth Avenue

·         555 Fifth Avenue

·         200 Park Avenue

·         230 Park Avenue

·         250 Park Avenue

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