Elie Reiss

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Property Description

Phenomenal sublease opportunity.  This full floor space in a premier Class A building was built out last year for a financial services firm but was never moved in to.  All of the furniture was custom built and never used.  The sublease can either be long or short term.  The views over Bryant Park and the New York Public Library are absolutely jaw-dropping.  The space has a very warm, professional feel complimented by mostly green materials that were used to build it out.  Being that it is wired and furnished, a move-in would be relatively cheap and easy.  This is the type of Sublease you\\\\\\\'d only find in this market: priced at a fraction of what it would have gone for in 2008, and built to the highest standard in commercial real estate.

●  11,000 feet
●  Asking Price Upon Request (Sublease asking prices are well below what the landlord would ask for a direct deal)
●  Sublease - flexible term
●  Class A building
●  Unobstructed views of Bryant Park
●  15 windowed offices with frosted glass fronts and full height wood door (this includes 2 corner, executive offices)
●   Two conference rooms
●   20 built-in cubicles, which can be removed to create open space for traders, etc.
●  Double glass door reception directly off the elevator, kitchen, copy/file room, IT closet, and private bathrooms
●  All of the furniture can stay for the tenant use
●  Attended lobby - 24/7 security 
●  No Broker Fee

 

Midtown East, which encompasses the Plaza District, is home to many the largest financial institutions in the world. Hedge funds, asset managers, financial advisors and investment banks fill the renowned Class A office buildings between 34th and 59th Street on Park Avenue, Madison Avenue, Fifth Avenue, and the like. Many law firms, accounting firms, media companies and insurance agencies have offices in Midtown East as well, which makes it a networking nucleus for the world’s most powerful people. Rockefeller Center, The Empire State Building, Grand Central Station, The Seagram Building, The Lipstick Building, The MetLife Building, The GM Building, The Chrysler Building, and The Helmsley Building are just a few of the landmark properties that distinguish Midtown East from the rest of Manhattan. Whereas Midtown East has notoriously been known for having some of the most expensive commercial real estate in the world, we’ve seen steep declines in per square foot prices since September 2008 which is a direct affect of the problems on Wall St and excess sublet space surfacing on the market. Midtown east includes Park Avenue district, Grand Central district, and 6th avenue and Rockefeller district.



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