Founder – HedgeFundSpaces.com
New York State Licensed Real Estate Salesperson
There is an insatiable amount of demand for small and fully furnished office spaces in Trophy and Class A buildings in Midtown. Though the appetite for such availabilities in trophy assets should warrant landlords to construct more of these plug and play options, unfortunately, the amount of supply for such units is underwhelming. That being said, there is a unique opportunity at 888 Seventh Avenue (at 57th Street), one of The Plaza District’s westernmost trophy skyscrapers, that is currently occupied by one of our hedge fund clients that will be vacating shortly.
The partial 24th floor at 888 Seventh Avenue is perhaps the best small unit available north of 55th Street. Measuring 2,660 rentable square feet, the premises was recently built to a high standard with two (2) perimeter offices, two (2) interior offices, one (1) conference room to accommodate up to 10 people, pantry, open space with 3 trading positions, and a reception area. For those seeking higher density footprints, the two interior offices can easily be removed to create a larger trading area. Ownership (Vornado) will consider reasonably modifying the existing installation and ALL OF THE FURNITURE AND FIXTURES can remain in place. Also, this is NOT a sublease- though an incoming tenant can capitalize on all of the existing infrastructure that was previously installed by the exiting tenant. Check out the video below and floorplan here. Also, click here for more information on this availability or to reach out for a tour.
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