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Questions?
Any questions about retail or office space? Call (212) 889-2330 or email us.  To get complete listings within 2 hours, go to: Space Survey, Retail & Medical or Non Profit Space.

The tables below summarize the range of rents and number of new office spaces 1500-5000rsf in Downtown, including City Hall, Financial, Insurance, and Tribeca districts.

City Hall

 

 

 

DIRECT SPACES

 

 

SUBLET SPACES

 

TOTAL

# Spaces

Min

Avg

Max

# Spaces

Min

Avg

Max

Avg

Off/Ret

Negotiable Plus Electric

1 2

$25.00

$50.00

$75.00

0 0

--

--

--

$50.00

Office

Triple Net

1

-

-

-

0

-

-

-

-

 

Negotiable Net

18 0

$22.00 -

$32.24 -

$38.00 -

5 1

$34.00 -

$34.00 -

$34.00 -

$32.29 -

 

Plus Electric

32

$20.00

$38.17

$200.00

3

-

-

-

$38.17

 

TBD

2

$29.00

$30.43

$32.00

3

-

-

-

$30.43

                       

 Financial District

 

 

DIRECT SPACES

 

 

SUBLET SPACES

 

TOTAL

# Spaces

Min

Avg

Max

# Spaces

Min

Avg

Max

Avg

Off/Ret

 

 

 

 

 

 

 

 

 

Negotiable

3

$50.00

$50.00

$50.00

0

-

-

-

$50.00

Plus Electric

0

-

-

-

1

$35.00

$35.00

$35.00

$35.00

Office

 

 

 

 

 

 

 

 

 

Full Service Gross

4

$32.00

$34.55

$36.00

5

$32.00

$32.00

$32.00

$33.27

Modified Gross

0

-

-

-

1

$36.00

$36.00

$36.00

$36.00

Negotiable

33

$30.00

$42.51

$49.00

23

-

-

-

$42.51

Plus All Utilities

2

-

-

-

0

-

-

-

-

Plus Electric

175

$21.00

$38.14

$80.00

27

$35.00

$44.40

$45.00

$39.11

TBD

0

-

-

-

4

-

-

-

-
                     

Insurance District

 

 

DIRECT SPACES

 

 

SUBLET SPACES

 

TOTAL

# Spaces

Min

Avg

Max

# Spaces

Min

Avg

Max

Avg

Off/Ret

 

 

 

 

 

 

 

 

 

Negotiable

1

$35.00

$35.00

$35.00

0

-

-

-

$35.00

Plus Electric

4

$85.00

$85.00

$85.00

1

-

-

-

$85.00

Office

 

 

 

 

 

 

 

 

 

Full Service Gross

4

$32.00

$33.25

$36.00

0

-

-

-

$33.25

Negotiable

6

$30.00

$30.00

$30.00

6

$26.00

$33.60

$35.00

$33.34

Net

5

$35.00

$56.85

$125.00

0

-

-

-

$56.85

Plus Electric

65

$22.00

$31.46

$35.00

5

-

-

-

$31.46

TBD

1

$15.00

$15.00

$15.00

0

-

-

-

$15.00

                     

Tribeca

 

 

DIRECT SPACES

 

 

SUBLET SPACES

 

TOTAL

# Spaces

Min

Avg

Max

# Spaces

Min

Avg

Max

Avg

Off/Med

 

 

 

 

 

 

 

 

 

Triple Net

3

$35.00

$35.00

$35.00

0

-

-

-

$35.00

Off/Ret

 

 

 

 

 

 

 

 

 

Full Service Gross

1

$40.80

$40.80

$40.80

0

-

-

-

$40.80

Plus All Utilities

1

$38.00

$38.00

$38.00

0

-

-

-

$38.00

Plus Electric

3

-

-

-

0

-

-

-

-

Office

 

 

 

 

 

 

 

 

 

Full Service Gross

1

-

-

-

1

-

-

-

-

Negotiable

16

$32.92

$40.57

$42.00

3

$45.00

$45.00

$45.00

$40.73

Net

3

$25.00

$25.00

$25.00

0

-

-

-

$25.00

Plus All Utilities

1

$42.00

$42.00

$42.00

0

-

-

-

$42.00

Plus Electric

27

$36.00

$38.38

$40.00

19

-

-

-

$38.38

TBD

0

-

-

-

1

-

-

-

-
                     

World Trade Center

 

 

DIRECT SPACES

 

 

SUBLET SPACES

 

TOTAL

# Spaces

Min

Avg

Max

# Spaces

Min

Avg

Max

Avg

Office

 

 

 

 

 

 

 

 

 

Full Service Gross

24

$60.00

$65.08

$70.00

1

-

-

-

$65.08

Negotiable

21

$28.00

$45.03

$60.00

6

$30.00

$30.00

$30.00

$44.88

Plus Electric

104

$15.00

$35.49

$42.00

7

$15.00

$17.04

$29.00

$35.21

                     

Grand Totals

 

 

DIRECT SPACES

 

 

SUBLET SPACES

 

TOTAL

# Spaces

Min

Avg

Max

# Spaces

Min

Avg

Max

Avg

Off/Med

 

 

 

 

 

 

 

 

 

Triple Net

3

$35.00

$35.00

$35.00

0

-

-

-

$35.00

Off/Ret

 

 

 

 

 

 

 

 

 

Full Service Gross

1

$40.80

$40.80

$40.80

0

-

-

-

$40.80

Negotiable

5

$35.00

$36.63

$50.00

0

-

-

-

$36.63

Plus All Utilities

1

$38.00

$38.00

$38.00

0

-

-

-

$38.00

Plus Electric

9

$25.00

$61.18

$85.00

2

$35.00

$35.00

$35.00

$47.16

Triple Net

1

-

-

-

0

-

-

-

-

Office

 

 

 

 

 

 

 

 

 

Full Service Gross

33

$32.00

$64.72

$70.00

7

$32.00

$32.00

$32.00

$64.47

Modified Gross

0

-

-

-

1

$36.00

$36.00

$36.00

$36.00

Negotiable

94

$22.00

$41.64

$60.00

43

$26.00

$34.49

$45.00

$41.14

Net

8

$25.00

$32.79

$125.00

1

-

-

-

$32.79

Plus All Utilities

3

$42.00

$42.00

$42.00

0

-

-

-

$42.00

Plus Electric

403

$15.00

$36.41

$200.00

61

$15.00

$42.26

$45.00

$36.88

TBD

3

$15.00

$26.30

$32.00

8

-

-

-

$26.30

                     

Map courtesy of CoStar Group and no claim is made as to is ownership.
Photos
Check out photos and floor plans of available office space at Photos.

How much free rent?
Impact your bottom line.  We typically obtain 3-4 months free rent with a five year lease.


Security Deposit
We suggest a Standby Letter of Credit rather than cash when its cost is less than money mkt.


Insurance
Most leases require a $1-3MM comp general policy.  We include your insurance agent early.


Improvements
If you plan alterations, we'll obtain approval as part of the lease instead of incurring costs later.


No Fees
Save money using our services and view the best selection of space with no charge to you.


How Much Time?
It typically takes 7-10 days for us to find the perfect space & 2 days to negotiate best terms.
 
 
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