Renting an Office for the Empire Talk about Building

Real Estate

Renting an office in the Empire State Building appeals to numerous business owners. It is a prestigious icon, recognized across the world. It can be a totally modernized building with a Class A full service rating, making it an ideal place for many businesses. Amenities in the building include entrances on both 34th and 33rd streets, 24-hour access, central AC, nightly cleaning, operable windows and uniformed concierge/security. Built in 1931, it features a unique history which is reflected in its design. However, in addition it keeps up with the current world and recently received Green Building Awards for energy efficiency.

Choices when Renting an Office at the Empire State Building

Businesses seeking to rent an office in the Empire State Building have several choices, with something available to match pretty much any corporate need. The Building’s Landlord offers a prebuilt office program, with completely new LEED Gold Qualified office spaces in a variety of sizes and arrangements. All of the prebuilt spaces include efficient layouts, elegant finishes, high ceilings, and an operating pantry. Asking rents for these spaces start at $49 PSF in the lower levels, and go as much as $55+ in the tower. Electricity is submetered and leases are available from 5-10 years.

Another option is to rent space from the shared office provided positioned in the Building. A shared office provider is an excellent solution for businesses which are not ready to create a long term-lease commitment or don’t want to battle the time commitment and expense of managing an office. Renting an office in the Empire State Building through a shared office provider gives a company all the advantage of a professionally managed office, without any of the distractions. Renting through a shared office provider can be much cheaper than renting a whole office just for one business. Offices can be accessible by the month, every day, and even by the hour.

Strategies for Renting an Office at the Empire State Building

If you select to rent an office from the Landlord, it’s important to remember that asking prices are not set, and you will have some negotiation involved to obtain the best deal possible hongtower. Business owners can either negotiate directly with the Landlord or Landlord’s Agent, or hire a Tenant’s Agent to negotiate for them.

Business owners who try to negotiate directly are at a disadvantage, simply because they lack information concerning the property and property market. They won’t know all the available spaces, the pricing and terms of recent rental contracts or the current market prices in the local area. Which means a Tenant Agent, whose job is keep up with all these details, can usually get a company a better rental deal that may save them money throughout the lease.

Renting an office-whether in the Empire State Building or elsewhere in NYC-is a big step. This really is true whether you are a new business, or an established business buying new location. Take your time, do your research, and don’t be afraid to obtain the assist you to need.

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