Coworking Space
Find the right property, avoid hidden costs, and negotiate favorable terms.
Find the right property, avoid hidden costs, and negotiate favorable terms.
New York City businesses seeking short-term or temporary office space are well served by renting offices in executive office space in Manhattan. Coworking, short-term or temporary office space are suitable options for start-ups or small businesses who require maximum flexibility.
These shared facilities do not require a long-term commitment; it is possible to rent offices on a month-to-month basis. Companies occupying these facilities can acquire more office space or downsize with relative ease. For small businesses with fewer than three employees, executive office suites are particularly cost-effective. Executive office suites are plug-and-play. They are delivered furnished with active phone systems and Internet service.
Internet start-ups and young companies often prefer Manhattan office space rentals in these shared environments.
If you’re not ready to commit to the typical two-year lease required by commercial landlords in Manhattan, consider the benefits of choosing to lease from executive office space facilities in Manhattan:
In many cases, as businesses grow beyond 3 employees, it becomes more cost effective to lease a demised space directly from a landlord—so long as the tenant is comfortable with the minimum two-year lease term that commercial landlords generally require. If your firm is seeking a flexible/short term lease but prefers a private space, you may want to consider subleasing office space.
A final point to consider when deciding between a demised lease or an executive office space in Manhattan involves brand. Executive office suites offer businesses limited opportunities when it comes to placing the business’ name and logo on the door or directory boards. In a demised space, however, companies can place signage on the entry door from the corridor and have their name listed in the building lobby directory.