1. Your Lease is Expiring and You Are Not Renewing
Your landlord just offered you a renewal lease that doubles the rent for your Manhattan office space. So now you’re planning to re-locate to a more affordable commercial building. This is a good opportunity to review your real estate objectives in terms of space, budget, growth and location. Updated daily, our listing database is an excellent resource of commercial property suitable to tech companies or law firms, showrooms, art galleries, or health care providers. We display every available office for rent in Chelsea, Grand Central Station, The Financial District, Midtown South, Midtown Manhattan including over twenty neighborhoods.
2. Re-Development of Your Commercial Building into a Hotel or Residential Condo
Suddenly you receive a certified letter informing you that your landlord has decided to exercise the cancelation clause in your commercial office space lease requiring you to vacate your office within 120 days. You immediately need to find a Manhattan office space for rent that will be 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.
3. Your Company Is Expanding
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?
4. Your Start-Up Is Looking for 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.
5. Your Out-of-Town Business Seeks a New York Office
Maybe you are an engineering firm established in Nassau County servicing clients in New York City, or 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: Self Service 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 fabulous listings 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 agreement on 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 office rental Manhattan options, call (212) 447-5403.