Optimal Spaces solves real estate and business problems resulting in cost savings of 15-25%  
 
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Manhattan commercial vacancy rate hits 13-year high.

While commercial leasing activity has picked up in the past few months, the city's Class A vacancy rate increased and average rents fell last month. The vacancy rate of Class A space in Manhattan reached 11.9 % in May, up from 11.3 % in April.

 

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Class B and Class C availability also increased last month, pushing the overall Manhattan vacancy rate to 13.1 %, its highest level since reaching the same rate in December 1996. Meanwhile, the average asking rent for Class A space fell to $65.43 per square foot in May, down 4.9 percent from $68.83 a foot a month earlier.
 
 
     
     
   

 

At Optimal Spaces, Inc. we understand how critical finding the ideal commercial space is for a successful business, particularly in New York City. As Tenant Brokers, we partner closely with our clients to meet their changing needs as their businesses grow and evolve, demanding more office space, whether it be NYC office space, or industrial, retail, or loft. We provide comprehensive information on all the properties we show our clients, including floor plans, exterior photographs, physical and historical detail on both the building and space, and proposed deal terms.

Optimal Spaces, Inc. caters to all the commercial real estate needs of any tenant. Our market knowledge allows us to provide significant savings for renewing tenants during your new york office lease negotiations. We encourage clients to take advantage of the leverage that an outside tenant representative can bring to the table especially when dealing with commercial real estate.

Optimal Spaces, Inc. has complete access to all available commercial real estate listing services in Manhattan, Brooklyn, Queens, Bronx, Staten Island, and Westchester, enabling us to help clients look beyond the problems of the here-and-now and work with you to develop effective long-term real estate solutions. Within Manhattan itself, we have worked in every area from Financial District to Midtown and Chelsea, Downtown and the Harlem and the Upper West Side and Upper East Side to help clients with the search in the commercial real estate arena for building, sales and office space leasing and buying.We are experts in all of our client's real estate needs, including leasing, subleasing, acquisition, disposition, expansion and renewals.

With Manhattan office rents at an all time high, it is more important than ever to know your options. The recent layoffs from Wall Street should add back some space, at a time when it is most needed, and temper landlord rent demands.

We can help show you the best options:
  • We represent your interest solely, unlike other new york city brokerage firms whose legal duty is to represent the landlord in new york.
  • We excel at what we do and possess a team of experienced new york city real estate professionals that have rented more than a million square feet in the past few years. We are proud of our success rate in getting our clients great deals for exactly what they need now and in the future.
  • We have a proven record of identifying and obtaining amazing manhattan deals and new york city office spaces for our clients. For a partial client list and office space lease clients testimonials, please click here.
  • We will assist you in evaluating your current and future needs. We will show you the different options and alternatives that are available for new york office space lease.
  • We have worked with Hedge funds, investment banks, broker dealers, venture capital firms, LBO buy-out firms, publicly traded, privately held, and not-for profit organizations in virtually every category of business and services in multiple locations across the country, as well in new york.
  • We strive to cultivate life-long relationships with our new york clients who already rent new york office spaces. If you are happy, then we have done our job. Please call us at (212) 258-2700 to arrange an appointment. We look forward to hearing from you.

 



 

Search for office space to rent in New York City

   Prices
    Check box for desired location:  Low High    
      $ / RSF $ / RSF  
Lease Harlem Office Lease East Harlem Office Lease Upper West Office Lease Midtown East Office Lease Midtown West Office Lease Columbia Office Lease Plaza District Office Lease Murray Hill Office Lease Grand Central Office Lease Garment District Office Lease Noho Office Lease West Village Office Lease East Village Office Lease Soho Office Lease Lower East Office Lease Tribeca Office Lease Chinatown Office Lease City Hall Office Lease Worlds Financial District Office Lease Insurance District Office Lease Lincoln Square Office Lease Midtown South Office Lease Upper East Office Lease Chelsea Office Lease Wall Street Office
  Chelsea Office Rent 18.00 65.00  
  Flatiron Office Rent 20.00 108.00  
  City Hall Office Rent 20.00 42.00  
  Columbus Circle Office Rent 35.00 105.00  
  Financial District Office Rent 21.00 72.00  
  Gramercy Park Office Rent 20.00 108.00  
  Grand Central Office Rent 30.00 135.00  
  Greenwich Village Office Rent 30.00 67.00  
  Harlem / North Manhattan Office Rent 14.00 40.00  
  Hudson Square Office Rent 25.00 75.00  
  Insurance District Office Rent 26.00 50.00  
  Murray Hill / Penn Station Office Rent 25.00 57.00  
  Garment District Office Rent 15.00 130.00  
  Plaza District Office Rent 28.00 175.00  
  Soho Office Rent 19.00 84.00  
  Times Square Office Rent 25.00 150.00  
  Tribeca Office Rent 22.00 96.00  
  UN Plaza Office Rent 38.00 60.00  
  Upper East Side Office Rent 30.00 75.00  
  Upper West Side Office Rent 35.00 65.00  
  World Trade Center Office Rent 28.00 70.00  
           
   

     
             

 

Search for office space to lease in New York City

           Prices  
        Check box for desired location:  Low High  
 
Lease Harlem Retail Lease East Harlem Retail Lease Upper West Retail Lease Midtown East Retail Lease Midtown West Retail Lease Columbia Retail Lease Plaza District Retail Lease Murray Hill Retail Lease Grand Central Retail Lease Garment District Retail Lease Noho Retail Lease West Village Retail Lease East Village Retail Lease Soho Retail Lease Lower East Retail Lease Tribeca Retail Lease Chinatown Retail Lease City Hall Retail Lease Worlds Financial District Retail Lease Insurance District Retail Lease Lincoln Square Retail Lease Midtown South Retail Lease Upper East Retail Lease Chelsea Retail Lease Wall Street Retail
      $ / RSF $ / RSF  
  Twelfth Avenue Office Rent 40.00 70.00  
  Eleventh Avenue Office Rent 25.00 44.00  
  Ninth Avenue Office Rent 32.00 65.00  
  Eighth Avenue Office Rent 25.00 65.00  
  Lexington Avenue Office Rent 35.00 120.00  
  Broadway Office Rent 15.00 72.00  
  Seventh Avenue Office Rent 27.00 105.00  
  Madison Avenue Office Rent 34.00 160.00  
  Sixth Avenue Office Rent 28.00 75.00  
  Tenth Avenue Office Rent 12.00 25.00  
  Fifth Avenue Office Rent 21.00 175.00  
  Park Avenue Office Rent 14.40 140.00  
  2nd Avenue Office Rent 25.00 60.00  
  1st Avenue Office Rent 20.00 53.00  
  Wall Street Office Rent 31.00 55.00  
  Broad Street Office Rent 30.00 42.00  
  Lafayette Street Office Rent 30.00 52.00  
  Water Street Office Rent 34.00 45.00  
  West Broadway Office Rent 36.00 49.00  
  3rd Avenue Office Rent 33.00 88.00  
           
         
         
               
               



Search for retail space to lease in New York

We can solve your retail needs in New York City.

As a Commercial Real Estate Tenant Broker whose specialty is New York City Tenant Representation, we put the focus solely on your interests. Unlike other new york brokerage firms whose legal duty is to represent the Landlord. This means we get you the best new york office space deal possible.

We have a team of seasoned new york tenant professionals who each possess a minimum of ten years expertise in the retail industry. Many brokerage firms “pass the buck” to inexperienced brokers, we do not. This means you work with the broker(s) you meet. We have a longstanding success rate of retail tenant representation. See our client list, Optimal Spaces has worked with local, regional, and national tenants from restaurants to dry goods.

Let us be the single point of contact for you in new york city. We will evaluate your current and future requirements to create a comprehensive guide for your expansion needs. In essence, we will be your in-house real estate department for New York City.

Please contact us to arrange a meeting in New York or at the ICSC 2009 convention in Las Vegas. We look forward to hearing from you.


 

Search for retail space to rent in Manhattan

     Prices
  Check box for desired location:  Low High
    $ / RSF $ / RSF
Eleventh Avenue Retail Rent 35.00 94.00
Tenth Avenue Retail Rent 50.00 100.00
Ninth Avenue Retail Rent 40.00 150.00
Eighth Avenue Retail Rent 75.00 275.00
Broadway Retail Rent 75.00 550.00
Seventh Avenue Retail Rent 110.00 360.00
Sixth Avenue Retail Rent 100.00 350.00
Fifth Avenue Retail Rent 65.00 1200.00
Madison Avenue Retail Rent 60.00 1000.00
Park Avenue Retail Rent 65.00 750.00
Lexington Avenue Retail Rent 52.00 675.00
3rd Avenue Retail Rent 85.00 318.00
2nd Avenue Retail Rent 68.00 168.00
1st Avenue Retail Rent 51.00 235.00
Wall Street Retail Rent 80.00 200.00
Broad Street Retail Rent 150.00 430.00
Lafayette Street Retail Rent 75.00 175.00
Water Street Retail Rent 72.00 200.00
West Broadway Retail Rent 100.00 250.00
Twelfth Avenue Retail Rent 34.00 25.00
       
   
 
   
 

Search for retail space to lease in Manhattan

      Prices
    Check box for desired location:  Low High
      $ / RSF $ / RSF
  Chelsea Retail Rent 52.00 400.00
  Flatiron Retail Rent 55.00 400.00
  City Hall Retail Rent 60.00 200.00
  Columbus Circle Retail Rent 57.50 400.00
  Financial District Retail Rent 75.00 430.00
  Gramercy Park Retail Rent 50.00 175.00
  Grand Central Retail Rent 65.00 240.00
  Greenwich Village Retail Rent 60.00 300.00
  Harlem / North Manhattan Retail Rent 35.00 200.00
  Hudson Square Retail Rent 45.00 450.00
  Insurance District Retail Rent 42.00 200.00
  Murray Hill / Penn Station Retail Rent 40.00 318.00
  Garment District Retail Rent 54.00 551.00
  Plaza District Retail Rent 150.00 1200.00
  Soho Retail Rent 65.00 400.00
  Times Square Retail Rent 40.00 550.00
  Tribeca Retail Rent 28.00 200.00
  UN Plaza Retail Rent 60.00 125.00
  Upper East Side Retail Rent 40.00 550.00
  Upper West Side Retail Rent 54.00 500.00
  World Trade Center Retail Rent 50.00 150.00