Furnished Hedge Fund Office Space in one of New York City’s Best Office Buildings
There is no question that 888 Seventh Avenue is one of the best buildings in New York City. With a prominent tenant roster, institutional ownership (Vornado Realty Trust), proximity to Central Park and tower floors with incredible views, the asset often commands rents in the triple digits throughout. That being said, whenever sublease space becomes available in this highly coveted office tower, there is a unique opportunity for a tenant to capitalize on a significantly reduced rental rate, while also getting the inherent perks of being located in the trophy asset. As a matter of fact, there is a very special sublease that our team is about to put on the market for the partial 6th floor.
Measuring 4,027 rentable square feet, the partial 6th floor encompasses the northwest corner of the building. Built and furnished less than three years ago to a very-high standard, the space is outfitted with 5 offices, a conference room, pantry, formal reception area and 16 trading desks- click here for a flyer with floorplan. As a part of Vornado’s capital improvement program for the building, the common corridor is practically brand new as well. With an asking rent in the low $70’s psf and a relatively short and flexible term (Through August of 2019), this is a space that will undoubtedly move very quickly.