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.

How to Research Manhattan Office Space Listings There are thousands of vacant Manhattan office space listings on the rental market at this very moment. So you would think it easy to find a space that fits your firm’s real estate needs.  But the reality is different. Where do you start when there are hundreds of major commercial office and loft buildings to choose from, 3 business districts, more than 20 neighborhoods and prices ranging from $30.00 to $140.00 per Square Foot?  Do you schedule property tours of Class A avenue buildings or of side street loft buildings? How do you ensure you are inspecting the best spaces in the right buildings? New York City Commercial Real Estate Web Sites You… Continue reading

Posted in Commercial Leasing 101Manhattan Office Space.

What to Look for While Inspecting NYC Office Space For Lease When inspecting NYC office space for lease potential tenants don’t always notice important attributes of a property.  People let their emotions interfere when touring Manhattan real estate and don’t always judge the merits of a property as a result. Before submitting an offer a business owner has to evaluate a space carefully. Prior to scheduling a commercial real estate tour, write down the attributes you would like to see in your new location. You can share this punch list with your broker. It will make it easier for a real estate expert to research the commercial office space market on your behalf. It will result in a more productive… Continue reading

Posted in Commercial Leasing 101Manhattan Office Space.