NASDAQ listed Seven Stars Cloud Group (SSC) has signed a seven-year lease for the entire 19th floor at 55 Broadway with an option to acquire the 18th floor. The firm consolidated several temporary offices to establish their Lower Manhattan headquarters. The landlord is building out the premises on behalf of the tenant. Alan Rosinsky of Metro Manhattan Office Space represented Seven Stars Cloud Group. The landlord was represented by CBRE.  55 Broadway is a 1982 Class A office building. It is located in the heart of the Financial District off Trinity Place. The building is occupied by such other tenant’s as GSA Group, Cancer Research Foundation and Security Mutual Life Insurance. Metro Manhattan worked closely with Seven Stars President Bob… Continue reading

Posted in Notable Leases.

Commercial Space is a generic catchall phrase that defines any real estate property that is not residential. And within the commercial space nomenclature, there’s an endless array of categories that have nothing in common with each other. After all, what does a medical office have to do with a retail shoe store or a showroom that imports new drapery fabrics from France? Well, they all need commercial properties and places to house their businesses. Many Business Real Estate Categories!! The diversity of businesses real estate for lease or purchase in Manhattan is mind-boggling, yet this city can accommodate just about any business you have. Tell a Metro Manhattan (212) 447-5403 leasing agent what your needs are and he will find… Continue reading

Posted in Commercial Leasing 101.

It’s often said that your office is your second home. It’s where you go in the morning and where you leave at the end of the day. And for someone looking to find a great commercial office space in Manhattan, you first need to select the neighborhood that will become your second home, and then can you find the space you’ll be comfortable in, just like a home. Midtown Manhattan, Midtown South and Downtown — These are the three major commercial real estate markets in New York City. And it should come as no surprise that New York is a city of variables and that within each major office space market is a sub-market, possessing its own distinct business identity… Continue reading

Posted in Manhattan Office Space.

Millions of Square Feet of modern New York City office rentals will get delivered to the real estate market in the next few years. Soon enough, tenants will have the choice of relocating to the state of the art buildings well suited to their 21st century needs. Indeed, throughout the Manhattan skyline, there are gleaming office towers under development. New York City has not seen this level of commercial construction since the late 1990s. Betting that there will be strong demand for modern office space to lease, developers are willing to take the risk. Their projects are massive: many will be larger than the Empire State Building! And by 2019 over fourteen million Square Feet of new Manhattan office space… Continue reading

Posted in Commercial Leasing 101Manhattan Office SpaceNYC office space.
Office space installations are generally provided by landlords

Getting the Build Out You Want When you rent a new location for your existing business or start-up, getting your space built out exactly as you want it is key. If you are an accounting firm that needs 8 offices and a conference room, you will not feel comfortable in an open plan. If you are a technology start-up looking to create a collaborative work environment with an open layout, you are not happy in an office intensive space. The good news is that landlords will often modify a space so it meets a new tenant’s architectural specifications. They will hire a general contractor, manage construction and, to varying degrees, pay for build-out costs. So, as a tenant, don’t assume… Continue reading

Posted in Commercial Leasing 101Manhattan Office SpaceNYC office spaceUncategorizedUnderstanding Commercial Lease Language.