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Neal J. Lerner
LookingForSpace.com

SPACE DESCRIPTION

20 Office Sublease Of 12,000 sq. ft. Legal Space      

Fully Furnished Half Tower Floor - Immediate Move In
6 Partner Offices
14 Associate Offices
2 Large Windowed Conference Rooms
Meeting room at reception
9 Workstations and Interior Support Rooms

Beautiful North, South and West panoramic New York City views from every office.  Well furnished, lots of glass and wood in a traditional but modern and updated setting.  Tower Floor, Class-A Trophy Park Avenue address, proximate to Grand Central Station and all Midtown dining and amenities.

There is a good selection of offices available with furnishings and fully wired IT infrastructure (plug & play)

This is a 10 year sublease at a below market rental.  We think that the deal will fall around $55,000 per month.  (On a gross basis this translates to about $55 per sq. ft. - which would represent an excellent market value given the high quality of the installation and furnishings and the fact that this is on a high floor in an absolutely fabulous building at the heart of Midtown Manhattan.

Please call Neal Lerner (212) 986-9100 for more information, photos, or a tour of the premises (or reply with the form to the right>>>)

Click the blue button for the floor plan.  

HIGHLIGHTS

Furnished or UnfurnishedHigh Speed Internet + WiFi
File Space Outside OfficesAttended Lobby
7 x 24 x 365 AccessClass A Building
KitchenLunch room
Faces NorthFaces South
Faces WestGreat Light + Views
Panoramic Views

AVAILABLE OFFICES

20 Windowed Offices
Rent: Below Market
2-8 Windows selection of offices
1 Interior Office
Rent: Please Inquire
Meeting room

WORKSTATIONS

9 Workstations
Rent: Please Inquire

LISTING DETAILS

Floorplan / Flyer
  • Space Type SHARED LEGAL
  • Sub Type General Practice
  • Listing For Attorneys Only
  • Neighborhood Grand Central
  • Windowed Offices 20
  • Interior Offices 1
  • Workstations 9
  • Lease Type Sublease
  • Reception Services Full-Time
  • Conference Rooms Multiple
  • Possession/Vacancy Date Immediate/Vacant
  • Term of Lease 10-Years
  • Last Updated 04-19-2022

CONTACT LOOKINGFORSPACE







Park Avenue Plaza, New York NY 10055
Park Avenue Plaza -
New York, NY 10055

This modern office tower features a green glass facade - and 12 corner offices per each column free floor! The lobby is a glass walled atrium and the public space has a cafe and high end luxury retail sales. The building has 21 elevators and tenants include Duff & Phelps.

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  • Cross Street52nd-53rd Streets
  • NeighborhoodAudubon
  • Stories 45
  • Total Area (s.f.)1,181,435
Inquire About Available Space

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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