Lance Leighton
Founder – HedgeFundSpaces.com
New York State Licensed Real Estate Salesperson
The demand for small, short-term workspaces in high-quality Midtown office towers has been resilient, to say the least. As many organizations are still figuring out their future of work, countless companies have opted for flexible options that won’t lock them into long-term obligations. Accordingly, when new furnished options hit the market for smaller occupiers, these highly coveted availabilities tend to lease quickly, and there is a great new option at 1350 Avenue of the Americas.
Located on the southeast corner of 55th Street and Sixth Avenue, 1350 Avenue of the Americas has historically catered to the boutique financial services industries quite nicely. Boasting boutique floorplates and proximity to everything that Plaza District has to offer, the building recently underwent extensive renovations to the lobby, elevator cabs, and mechanical systems. The property is home to a diverse tenant base that includes financial, accounting, law, and technology firms. Though there are few furnished options currently available in the building, there is a unique opportunity that just hit the market for the partial 17th floor.
Offered for sublease from Loan Depot, the partial 17th floor is currently built with 3 offices, 1 conference room, a pantry, a small reception area, and open space for +/- 20 people. Though the unit does not have unobstructed views of Central Park, the corner office does feature park exposures. Additionally, the unit is fully furnished and only has a term through February of 2025. The best part of this opportunity is the price (asking only $49 psf), which makes it incredible value for the area.
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