SPACE DESCRIPTION
If your firm would like to remain in Midtown for the next 10 years, and you'd like a brand new 12,000 sq. ft. floor, you should consider this opportunity being offered at $55.00 per sq. ft. with a $50 per sq. ft. work allowance plus free rent provided by landlord, on top of new bathrooms, elevator corridor and HVAC.
The $50 work contribution ($600,000) is not enough to completely build a standard law firm installation - so the incoming tenant is going to have a little "skin in the game", however in this market that is the price to be paid to secure a sub $60 deal for brand new Manhattan commercial office space. And the beauty of it is that once you secure this space, you'll have it to occupy for the next 10 years, no matter how high and crazy the NYC office rental market gets.
The incoming firm will be able to License extra offices to other attorneys, so if the space is a little larger than you need today, it is nice to know that your growth space can be rented out in the interim. So the benefits of this deal are:
- Large floor plate with windows on 3 sides
- Light, air and views
- Full floor presence, excellent security.
- Side core building lends itself to efficient layout with high percentage of perimeter offices
- The space will be brand new and built to your specifications
- You can lock in a sub-$60 rental, for a good long term deal in a crazy market
- The floor can accommodate at least
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- 20 windowed offices (including 4 partner size with 2 full corner offices)
- 16 interior Associate/Admin offices
- Windowed conference room
- Interior conference rooms
- Interior file room,
- Kitchen and lunch room
- Mail / copy room
- 12 workstations
- Reception area
HIGHLIGHTS
Renovated Building | 7 x 24 x 365 Access |
Attended Lobby | Good Natural Light |
City Views | Bring Your Own Internet |
Bring Your Own Phones | Directly Off Elevators |
Tenant Controlled AC | Operable Windows |
High Ceilings |
AVAILABLE COMMERCIAL OFFICE SPACE
Part 7th Floor | 12017 sq. ft. |
LISTING DETAILS
- Space Type Available Offices
- Host Practice General Practice
- Listing For All Professionals
- Neighborhood Wingate
- Lease Type Sublease
- Rent Please Inquire
- Electric Submeter
- Possession/Vacancy Date March 2016
- Term of Lease 1 Year Minimum
- Last Updated 05-31-2016