Wall Street Offices from $39.00 SF
Wall Street Offices from $39.00 SF are ready for immediate lease at 14 Wall Street. In response to steep decline in new leasing activity due to the Covid 19 pandemic, the owner of 14 Wall Street has reduced pricing to attract Tenants. The $39.00 per square foot base rent is limited to specific pre-built office spaces.
About 14 Wall Street
Entrance is opposite NYSE
• Class A office building (1912), NYC Landmark
• Extensively renovated and modernized
• 1,049,292 square feet, 37 floors and 32 elevators
• 24/7/365 access and attended lobby
• Full service includes HVAC and office cleaning
• Multiple telephone and high-speed internet providers
• Diverse Tenant mix includes Amerigroup, Barclays, F.J. Sciame, NYU Medical Center, Skidmore, Owings + Merrill and The Street.
• Within 2 blocks of the 1, 2, 3, 4, 5, A, C, E, J, M, R, W & Z subway and a short walk to the PATH and Staten Island Ferry
Elegant renovated lobby
• Leases signed in this building may qualify for the Lower Manhattan Commercial Revitalization Plan which gives Tenants a $10.00 per square foot rent credit amortized over a 5 year term.
Sample Wall Street Offices from $39.00 Square Foot
For a limited time pre-built offices ranging in size from 1,848 to 5,820 square feet and priced from $39.00 PSF are available. Most of these units are found on the lower floors of the building. For example, the 5,432 RSF office below features a reception area with adjacent conference room, a corner CEO office plus 6 standard windowed offices, area for workstations and a wet pantry. It is designed for a law firm, sales company or sales-oriented business. This unit overlooks Wall Street, Nassau Street and Federal Hall.
5,423 RSF Pre-built Office
14 Wall Street has a broad selection of offices for rent on its tower floors. Some of these units are existing high-end installations and others are “raw space” that the Landlord will custom-build to your specifications. Pricing ranges from $45.00 to $53.00 PSF.
About Cogent Realty Advisors, Inc.
Cogent Realty Advisors is an independent and licensed no fee Realtor with 20 years of experience representing businesses that lease NYC office space. We offer solutions for office Tenants seeking stability and value in uncertain times. For information phone Mitchell Waldman at (212) 509-4049.
#WallStreetOfficesFrom$39
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Manhattan Office Rental Market, Fall 2020 remains in limbo. The volume of leases being executed for new offices is at its lowest point since 9/11. There is deep uncertainty about whether employees can return to work safely- even after modifications are made to transportation systems, building common areas and private work spaces. Alternatively, the long-term viability of the Work From Home (WFH) strategy remains unknown.
CoStar
421 Eighth Avenue aka James A. Building Post Office Building. 730,000 square feet. New lease. Facebook has now leased 2.2M of new office space in NYC in less than a year.
How the Pandemic Has Impacted Commercial Real Estate: Mary Ann Tighe, CBRE New York Tri-State Region chief executive officer, discusses the state of commercial real estate in New York since the coronavirus pandemic. She speaks with Bloomberg’s David Westin on “Bloomberg: Balance of Power.” (Source: Bloomberg) 
Office Landlords Hire Hygienists, Scientists and ‘Ambassadors’ to Try to Check COVID-19 at the Door: Reopening Puts Workplace Habits, Office Staff Under the Microscope 
Return to office will be much slower than expected, survey says. 
1. Rent is usually below the current market value.
New York City Office Rental Report July 2020 is presented by Cogent Realty Advisors, Inc. 
The pandemic will result in a more favorable office market for Tenants that execute new leases and renewal leases.
The pandemic is having a profound effect on society, health and the economy of New York City. The long term impact on the NYC office rental market remains unknown in spite of countless predictions (often contradicting) from industry-related spokespersons including economists, building owners, brokers, architects, etc.
Office Space Price Guide for Buildings near Penn Station, 2020 provides useful information for any business that leases space.
450 SEVENTH AVENUE is located at the north west corner of 34th Street, about 100 feet from the entrance to Penn Station. It contains 520,000 RSF of Class B office space spread over 46 floors. It is well maintained and owner-occupied. 450 Seventh Avenue just completed renovations of its lobby, elevators, corridors and bathrooms. The building is primarily occupied by small- and mid-size firms including law, accounting, insurance and technology. The current vacancy rate is 3.3% and asking rents cost from $58.00- $62.00 PSF. The Landlord is able to custom-build your office quickly.
463 SEVENTH AVENUE is located at the north west corner of 35th Street, across from Macys. True to its fashion roots, this high quality building is home to a significant number of apparel companies. Other Tenants include offices for New York Presbyterian Hospital, management consulting and real estate investment. The building provides 24/7 access, a new lobby with uniform concierge, destination dispatch elevators, Tenant-controlled air conditioning, renovated corridors and rest rooms. Asking rents are priced from $49.00 to $55.00 PSF. On lease terms of five or more years the Landlord will custom build your office.
7 PENN PLAZA aka 370 Seventh Avenue, is a pristine owner-occupied and managed office building spanning the entire block front from 31st to 30th Street. This 18 floor building features windows on four sides, 24/7 access, a handsomely renovated concierge attended lobby and central HVAC. It is popular with small and mid-size firms such as legal services, accounting, architecture/engineering, software and financial advisors. Stores at the base of the building include Starbucks, the Juice Shop, Sweetgreen and coming soon- Sticky’s Finger Joint. Contemporary turn-key offices and build-to-suit spaces are available with asking rents from $70.00 PSF.
225 WEST 34TH STREET aka 14 Penn Plaza is located mid-way between Seventh and Eighth Avenue. This large Art Deco style building (1925) has an architecturally restored lobby coupled with modern building systems. Amenities include 24/7 access and an attended lobby, Tenant-controlled air conditioning, office cleaning and a choice of seven high-speed telecom providers. Currently it is 96% rented. Vacant spaces ranging in size from 996 to 8,430 RSF are now available for the lease. The cost of asking rents starts at $65.00 PSF.
505 EIGHTH AVENUE is located at the north west corner of 35th Street. This boutique loft building has 11,000 RSF floors which in some instances have been heavily divided for a diverse group of Tenants occupying offices as small as 500 RSF. Amenities include 24/7 access, an attended lobby during business hours and Tenant-controlled AC. Asking rents cost $48.00 PSF and the Landlord will build-to-suit.
237 WEST 35TH STREET is located between Seventh and Eighth Avenue and representative of many of the areas’ loft buildings. Previously rented to garment manufacturing operations, they are now occupied by service professionals (such as law, accounting and architecture) and TAMI (technology, advertising, media and internet) firms. Lower cost rent and an edgy environment are their biggest attraction. To varying degrees the lobby and infrastructure of these buildings has been renovated for “office users”. The office interiors typically have concrete floors, high open ceilings, large windows and quite often, window air conditioning units. At 237 West 35th Street asking rents are $40.00- $44.00 PSF. Additional loft charges include water, sprinkler and rubbish removal.
Office Renters Report for Buildings Near 
122 EAST 42ND STREET aka The Chanin Building, is located at the south east corner of Lexington Avenue. This Art Deco gem provides access to the terminal through an underground passage way. As a corner building its upper floors are blessed with excellent light and views. Many of the vacant offices are 2nd generation (i.e. previously occupied) where the Landlord will provide cosmetic upgrades only. Building amenities include 24/7 access with uniformed lobby attendants and security personnel, central HVAC, office cleaning and varied selection of onsite quick service restaurants. Asking rents are from $53.00- $68.00 PSF.
370 LEXINGTON AVENUE is one of the top values in the area. Located at the south west corner of 41st Street, this Class A building features 24/7 access, a concierge attended lobby, central HVAC and office cleaning. Popular onsite restaurants include Maison Kayser, Omusubi Gonbei and Zucker’s Bagels. 370 Lexington is ideal for small- and mid- size firms and sleek newly constructed offices, two Tenant-only conference centers and flexible lease terms as short as 3 years. Asking rents are $62.00- $66.00 PSF.
10 GRAND CENTRAL is situated at the north west corner of 44th Street and Third Avenue. A recently completed $45M redevelopment has transformed what was known as 708 Third Avenue into a modern corporate HQ’s building. Included are a stunning lobby and a Tenant Amenity Center featuring a board room, entertainment lounge and landscape terrace. Elegant pre-built and custom built (build to suit) offices are available with asking rents of $84.00 PSF.
NYC OFFICE RENTAL REPORT, Year-End 2019 was compiled by Cogent Realty Advisors using data provided by 
Notable projects include:
Manhattan Office Market Soared To Record Levels Again Last Year.
Real Estate Advisors Inc 