Property Spotlight - 625 Ave. of the Americas - Partial 3rd Floor

Today's availability is a direct listing from the landlord at 625 Ave. of the Americas. It is a beautiful 8,000 sf space originally built out for The Gap, and modified by its last tenant HOK Architects.

The building features huge windows overlooking Sixth Avenue on the historic "Ladies Mile." The beautiful landmarked building, built in the 1870s served as the B. Altman department store and still retains its original historic character with features like 13' tin ceilings, original cast iron columns, and large wood framed windows (with new double pane glass).

The space offers, wood floors, 8 offices and a conference room with glass sidelights and full height wood doors, a pantry, copy room, 2 bathrooms and ample bullpen space.

To learn more about the space and see flyers and a floor plan, download the PDF flyer here.

625 Avenue of the Americas 8,000 sf—Part 3rd Floor Features: - Possession: Immediate - Term: 5-10 years - Beautiful above-standard build out - Creative layout and design - Extremely efficient floor plate - Tremendous natural light - Premises to be delivered in move-in condition - Close proximity to all major subway line - Easy access to Port Authority, Penn Station, and Grand Central

Property Spotlight - 1177 Ave. of the Americas - Private Equity Sublet

Today's featured property is a sublet from a private equity real estate firm. The company is still going strong, but decided not to move in to this incredible 45th floor space at 1177 Ave. of the Americas. The views from this space are some of the best you'll see in the entire city, and the building is one of the best as well. Plus, this space offers a unique opportunity to be a full floor tenant in a Class A+ building.

Did I mention that you can watch the ball drop on New Year's Eve from your corner office? As an incentive to potential subtenants, the sublandlord is offering a substantial work letter to cover the cost of building out this space to your liking.

Want to know more? Give me a call - 212.326.4955. To download a pdf flyer with a proposed floor plan - click here!

Grubb & Ellis NEW YORK | 1177 Avenue of the Americas | New York, NY 10036

Property Spotlight - 400 Lafayette Street - Limited Stores Sublet

Today's featured property is a sublet from The Limited Stores. As you can see from the pictures below, this is truly cool space. 400 Lafayette - in the heart of NoHo is an incredibly unique building. In fact, it's an incredibly unique 3-4 buildings. The main building is made up of 2 buildings with frontage on Lafayette Street, and 1 building on with East 4th Street frontage. However, on some floors, notably the 3rd floor that we are offering, the space expands into yet another building known as 11 East 4th Street. The combined buildings create a very unique space with original wood floors, exposed brick walls, 13.5' tin ceilings, and floor to ceiling windows.

The space we are offering, which has served as the Limited Stores' design studio is great for creative firms looking for lots of open space with tons of light and an industrial chic feel. We can sublet one or both floors, and we will be aggressive in making a deal.

All of the details are below, and if you would like a PDF flyer with floor plan, just click here!

Grubb & Ellis NEW YORK | 1177 Avenue of the Americas | New York, NY 10036 | 212.759.9700 |

Property Spotlight - 551 Fifth Avenue - Facebook Sublet

In an effort to move this blog in a new direction, I've decided to start highlighting some of the buildings and sublease properties that I represent. Since it appears that this space will likely have a "sublease out" this week . . . meaning that a sublease will be drafted for comments and signature, I will start off with a Sublet from Facebook at 551 Fifth Avenue.

As everyone knows, Facebook is rapidly growing throughout the world. In New York, Facebook has a relatively small presence as compared to its headquarters in Palo Alto. Nonetheless, the New York sales team outgrew its old space in 551 Fifth Avenue. Our team at Grubb & Ellis had the privilege of moving them into new space more than twice the size on Madison Ave., and we're now subleasing their old space through the remainder of the term.

Here's the skinny on the space. If you're interested in it, let me know quickly! Click here to download a PDF flyer.

Building: 551 Fifth Avenue

Rental Rate: Upon request

Size: 5,308 SF - Partial 6th Floor

Term: Through June 29, 2012
Possession: Immediate

Space Features:

- Fifth Avenue exposure

- Move-in condition

- Financially strong sublessor

Building Features:

- New York City Landmark Building

- EnergyStar certified

- Centrally located - close to Grand Central, Times Square and nearly all subway lines