Rent Chinatown Office Space Close to SoHo, TriBeCa & the Financial District
Manhattan’s Chinatown neighborhood is in the area between Canal and Worth Streets from north to south, and Church Street to the Bowery from east to west. It is one of the largest Chinatowns in the world, and is home to over 100,000 Asian immigrants. English is not the primary language spoken on the streets, and many signs are printed in Chinese.
Typical Chinatown office space is in small boutique buildings that have single elevators or are walkups… and since the buildings are not large, it’s unlikely you’ll find large blocks of adjoining space on one floor. These spaces are well-suited to small start-ups, consultants or service businesses with limited need for inventory.
Chinatown is one of the busiest and most vibrant neighborhoods in Manhattan. With close proximity to high-rent areas such as SoHo, TriBeCa and the Financial District, Chinatown offers a convenient and affordable location for commercial office space.
Chinatown Office Space is often owned by Associations and Families
A large portion of the buildings in Chinatown have been owned for generations by associations comprised of Chinese businesspeople or families. Therefore, selling or renovating buildings can be challenging, since it requires locating and achieving consensus among a large group of people.
Because of this, Chinatown has largely resisted the modernization and expansion that has infiltrated surrounding neighborhoods. However, developers have succeeded in constructing a few new condominium buildings and hotels on the fringes of the neighborhood.
Those from outside the Chinese community can face challenges when renting Chinatown office space, since many of the locals prefer to rent to friends, relatives or others within their network. We have the inside track to find space for rent in this area and will guide you through the process of locating commercial office space in Chinatown and negotiating attractive lease terms.
Rent a bit of Chinatown History
Many tourists and New Yorkers alike are drawn to the area to explore the uniqueness of Chinatown. One of the most trafficked thoroughfares through the neighborhood is Canal Street, which is lined with vendors selling purses, watches and perfume out of small storefronts. The “jewelry district” is located along Canal between Mott and the Bowery. The neighborhood is also home to many bank branches and more than 200 restaurants, as well as grocery stores and fishmongers on Canal, Mott and Mulberry Streets.
Chinatown was named a historic district on the National Register of Historic Places, so many of the buildings in the area look the same as they did 100 years ago. Most are narrow, low-scale, walk-up brick buildings that originally served as tenement housing. Doctors, lawyers and dentists prefer to rent office space on the lower floors of such historic, Chinatown buildings. There are also loft spaces available in former garment factories, which are ideal for technology start-ups and creative firms such as fashion or graphic designers.
Great Access to and from your Chinatown Office Space
Chinatown is located at the junction of several major subway lines, including the B and D trains at the Grand Street stop, and the 6, N, R, Q, W, J, M, and Z trains at the Canal Street station. Many Chinatown bus lines pick up and drop off in the area, providing inexpensive bus service to major cities such as Philadelphia, Boston and Washington, DC.
In addition to great access, a plan to create a Business Improvement District (BID) in Chinatown is in the process of being approved.The benefits of a BID include providing funds for street improvements and services such as sanitation, security and marketing for the area.
Choose Chinatown office space for its easy access and unique, vibrant community.Contact Metro Manhattan Brokers for more information or call for immediate assistance at (212) 447-5403.