The Grand Central submarket in the NYC office market is, of course, located proximate to Grand Central Station at 42nd Street and Park Avenue in Midtown Manhattan. The Grand Central submarket extends south to 40th Street and north to 50th Street, between Second and Fifth Avenues. There is a significant amount of Class-A and Class-B office space in this dense area of office space that is home to many law firms, large and small.
Grand Central law office space is available in a variety of buildings offering New York offices for rent on an individual basis as well as demised office space that has been designed and built for law firm use. Most of the shared law office listings incorporate services on a shared basis from the host firm - the subtenant generally can expect to have shared reception services and conference rooms. Most law firms renting offices in the Grand Central area also have shared kitchens and high speed office equipment so your Grand Central law practice can be up and running immediately. You can rent Grand Central offices on a plug and play basis where all you have to do is come to work - and everything else concering the office space is taken care of by the host firm. You generally write one check a month...and that's it!
We are a MLS for New York property for lease from law firms. We have listings for individual offices and groups of offices as well as listings for separately demised units of office space available for sublease from law firms who designed the office specifically for law firm use. So if you are looking for space in the Grand Central area of NYC you can find many different kinds of listings on lookingforspace.com - and the majority of our Grand Central office listings are for individual offices or groups of offices available for sublease from law firms near Grand Central Station.
We currently have hundreds of listings for offices for rent within the premises of law firms in Manhattan. In the Grand Central area there are more than 50 offices available for rent to attorneys and other professionals who are looking for a shared law office space from which to run their ny law office practice. Because of the variety of offices available for rent in the Grand Central area you should be cognizant of the many amenities that encourage office occupancy in this part of NY. For instance, The Apple Store has opened in Grand Central Station...which will surely make it a destination for thousands of people per day that would not have otherwise visited Grand Central Station. This is sure to be a boon for the retailers in the area...but should have no discernable effect on those renting offices from larger law firms that have extra offices available for sublease. If anything, the neighborhood will become more crowded because of the additional retail traffic.
Law office space in various shared or serviced office rental situations is available in the Grand Central area. Many of the Class-A buildings have asking rents above $60 per sq. ft., while the Class-B buildings are asking in the range of $43.00 to $52.00 per sq. ft. in this highly sought after Manhattan office space submarket.
The East 42nd Street area has many buildings that are highlights of New York. First, there is Grand Central Station itself. A beautiful beaux arts structure built in 1913 it is now the terminus for the Metro North commuter railroad. The Chrysler building is at the northeast corner of 42nd Street and Lexington Avenue. It is an art deco masterpiece from 1930. Across the street from the station is 120 Park Avenue - the Philip Morris building. The Chanin building, built in 1929 is another great art deco example. Also the Grand Hyatt hotel, which was formerly the Commodore Hotel built in 1920. This is a densly populated area where older buildings like One Grand Central Place (60 East 42nd Street) contain millions of square feet of office space for rent in this very popular part of Midtown.
This is the heart of the business world in America's largest city and it is the perfect location for your law firm to share office space with another group of attorneys or within a law office suite that caters primarily to lawyers and small law firms. Office space for rent in the Grand Central area offers many amenities in terms of restaurants, entertainment and transportation. Shared law office space listings are available in a number of different buildings and we provide full contact information for the party that controls the office space - whom you can contact by email or telephone to arrange an inspection of the available offices.
The Grand Central area of New York City is like a city of its own. It has a distinct flavor and certainly is the epicenter of Manhattan's business district in midtown. On one side you have Bryant Park, and on the other The United Nations. On Fifth Avneue there is wonderful shopping, as the stores from the Plaza District have started their migration south, following the tremendous number of tourists that walk through this part of NY every day.
The area has a number of great hotels, and some not so great hotels that are always full to capacity. There are all levels of restaurant food and service available...and most are pretty good. So if you rent office space in Grand Central, there is no shortage of restaurants, stores or hotels...and on top or it all are millions of square feet of office spaces...acres and acres of office space that can be rented for between $40 and $100 per square foot.
