Renting an office in the Empire State Building appeals to numerous business owners. It’s a prestigious icon, recognized round the world. It can also be an entirely modernized building with a Class A full service rating, which makes it a perfect location for many businesses. Amenities in the building include entrances on both 34th and 33rd streets, 24-hour access, central AC, nightly cleaning, operable windows and uniformed concierge/security. Built-in 1931, it includes a unique history that will be reflected in its design. However, in addition it keeps up with the present day world and recently received Green Building Awards for energy efficiency.
Choices when Renting an Office at the Empire State Building
Businesses seeking to rent an office in the Empire State Building have several choices, with something available to accommodate just about any corporate need hongtower. The Building’s Landlord provides a prebuilt office program, with brand new LEED Gold Qualified office spaces in a number of sizes and arrangements. Most of the prebuilt spaces come with efficient layouts, elegant finishes, high ceilings, and an operating pantry. Asking rents for these spaces start at $49 PSF in the reduced levels, and go up to $55+ in the tower. Electricity is submetered and leases can be found from 5-10 years.
Another choice is always to rent space from the shared office provided positioned in the Building. A shared office provider is an excellent solution for businesses which are not ready to create a long term-lease commitment or don’t want to take on the full time commitment and expense of managing an office. Renting an office in the Empire State Building via a shared office provider gives a small business all the main advantage of a professionally managed office, without any of the distractions. Renting via a shared office provider can also be much cheaper than renting a whole office just for one business. Offices can be around by the month, every day, and even by the hour.
Strategies for Renting an Office at the Empire State Building
If you choose to rent an office from the Landlord, it’s very important to keep in mind that asking prices are not set, and there will be some negotiation involved to obtain the best deal possible. Business owners can either negotiate directly with the Landlord or Landlord’s Agent, or hire a Tenant’s Agent to negotiate for them.
Business owners who try to negotiate directly are in a disadvantage, since they lack information concerning the property and real-estate market. They won’t know all of the available spaces, the pricing and terms of recent rental contracts or the present market prices in the neighborhood area. Which means a Tenant Agent, whose job is maintain all these records, can usually get a small business a better rental deal that may save them money through the entire lease.
Renting an office-whether in the Empire State Building or elsewhere in NYC-is a large step. This is true if you are a new business, or an established business looking for a new location. Invest some time, do your research, and don’t forget to obtain the allow you to need.