You Need More Space Due to Business Expansion
In the previous year, your team has grown from 6 to 25, and your 2,000 square-foot space is too small to hire the personnel you need to expand. But you have four years remaining on your New York office space lease. It’s possible you can trade up to a larger space within the building, but if one isn’t available, why not sublease your office and explore a more suitable Manhattan office for rent?
Start-Up Seeks Its First Commercial Space
Your start-up is gaining ground, and you need your own New York City office space. Input from Metro Manhattan can help you find a “start-up friendly” landlord that will welcome your new venture with expandable space, a shorter-term lease, and a reasonable security deposit.
Demolition and Re-Development of Your Office Building
Suddenly you receive a certified letter informing you that your landlord has decided to exercise the cancellation clause in your commercial office space lease requiring you to vacate your space within 120 days. You immediately need to find an office built out, furnished, and wired for phone and Internet within 120 days. Metro Manhattan has a track record of negotiating real estate transactions with major Manhattan landlords and managing agents. We will introduce you to the buildings and spaces where your timeframe for possession can be met.
Out-of-Town Business Needs a New York Office Rental
Maybe you are an engineering firm established in Nassau County servicing clients in New York City. Perhaps you’re a London based consulting firm expanding into the lucrative New York City Market. Out of state businesses can face unique challenges when acquiring their first Manhattan location. If you are not familiar with the New York City commercial real estate market, buildings, neighborhoods, or landlord and lease requirements, Metro Manhattan is ready to facilitate your search. Our agents help you set expectations concerning rental rates, escalations, utility rates, and additional costs for commercial property for rent.
Finding Commercial Property for Rent: Do it Yourself or Assisted Search?
Our database of New York City office space for lease displays thousands of updated listings. Use it to search for commercial property for rent in every neighborhood and building. But selecting listings that meet your criteria is only the first step of a long process. Then you need to schedule onsite inspections and get answers to essential questions about each property:
• When is the space available?
• Is the rent negotiable?
• Will the landlord build out for you?
• How long should your lease be?
Once you decide to submit an offer for a New York office space for rent, you need to negotiate business terms with the landlord. This process includes drafting offers and counterproposals and reaching an agreement on the final lease language. Since 2004 Metro Manhattan has negotiated hundreds of commercial real estate transactions. We have relationships with leading landlords, REITs, managing agents, leasing agents, and property managers. We also have years of experience handling the legal, architectural, telecommunications, and moving issues that may arise.
To receive practical input from our commercial leasing department and to discuss your search for a New York City office, call (212) 444-2241.