The new fashion on Seventh Avenue has nothing to do with hem lengths or next year’s colors. Surprisingly, Fashion Avenue, also known as the Garment Center, is the new hot spot for affordable office space with all the amenities and style one could ask for at down-to-earth prices. Case in point, the structural engineering firm Rosenwasser/ Grossman Consulting Engineers P.C. (RGCE), has just signed a 7-year lease for 6,000 sq. ft. of new executive offices at 485 Seventh Avenue, said Alan Rosinsky, of Metro Manhattan Office Space, Inc. (www.nyc-officespace-leader.com; 212- 447-5403).  This 60-year old highly rated engineering firm that designs reinforced concrete towers in New York City, will be moving to their new Garment Center home by late December after… Continue reading

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New York City's Fashion District

If there’s a reason why the Garment Center is once again in vogue, than look no further than the red-hot real estate market for office and commercial loft space — many with open plans and high ceilings — as savvy business owners who get there first, lock-in long term leases at buyer’s market prices. According to the Fashion Center Business Improvement District (www.fashioncenter.com), 2012 was the first year that more than half the new office/loft space leases signed were from non-fashion related businesses. This huge trend is spinning with momentum as firms of every industry scoop up the best deals in town. Manhattan office space prices have skyrocketed since the recession Alan Rosinsky, head of Metro Manhattan Office Space, Inc.… Continue reading

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Posted in Commercial Leasing 101Manhattan Office Space.