Founder – HedgeFundSpaces.com
New York State Licensed Real Estate Salesperson
In New York City, there are few office space features that show you’ve made it more than outdoor space. Perfect for entertaining clients, investors, peers, or boosting trading floor morale, private outdoor terraces can serve a multitude of functions. Though these opportunities are often hard to come by in Manhattan, office building landlords are taking greater measures to create up-to-code terraces on building setbacks and rooftops.
The 22nd floor at Five Bryant Park is offering one of the premier office opportunities if your fund is in the market for a Midtown address with outdoor space. This full floor unit is measured at 12,726 square feet and includes two separate outdoor terraces oriented to both the northern and southern views. The brand new prebuilt installation will include six offices, six conference rooms or meeting areas, and an open area that seats 80. The layout of this floor is particularly well thought out with the communal areas – larger conference rooms and pantry area – oriented towards the terraces making them accessible for the greatest number of occasions and employees. The asking rent for this floor is $92 per square foot. This build out will be completed October 1, 2017. Located on Sixth Avenue (or the Avenue of the Americas) and spanning both 40th and 41st streets, Five Bryant Park is a primary Bryant Park building.
On top of creating a beautiful build out including private terraces, Bryant Park is emerging as a key submarket in midtown to consider while searching for office space. Bryant Park is home to a number of exciting cultural events year-round such as Fashion Week, The New York Auto Show, and the Bryant Park Winter Village. Recently more restaurant and dining options have been seeking proximity to Bryant Park; most recently Whole Foods opened up a location on 41st street and 6th Avenue. High-end fitness gyms and classes such as Equinox and SoulCycle have installed some of their newest locations in Bryant Park. With all of these attractions in place, office space in Bryant Park has a unique energy which makes it feel like a community.
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