Optimal Spaces in the News


Billionaire Shows How Small Buildings in NYC Can Mean Big Money
Bloomberg - July 15, 2016
“It's not overwhelming, it's not overbearing,” Stephen Sunderland, senior managing director of New York real estate brokerage Optimal Spaces, ...
Stringer eyes city-owned vacant properties to turn into affordable housing for homeless
New York's PIX11 / WPIX-TV - February 18, 2016
Sunderland is the managing director of Optimal Spaces. He told PIX 11 News in Midtown that for years the city's Housing Preservation and Development was notorious for sitting on lots. ...
Optimal Spaces Announces The November 2015 New York Office And Retail Market Overview
The Street - November 16, 2015
November 2015 New York Office And Retail Market Overview
Manhattan Office Space Vacancies Rising; NBA Players Assn Leaving Harlem HQ
The Bronx Chronicle - November 16, 2015
Stephen Sunderland. a market research VP at Optimal Spaces, highlighted the a few trends in his analysis of the NYC office market.
Optimal Spaces Announces the October 2015 New York Office and Retail Market Overview
Biz Journals - October 16, 2015
The prime New York Retail market is dead as tenants hold off to Landlords' demands for record rents. Retail demand is strong in up-and-coming areas.
In aftermath of deadly brick fall, how safe is the city when it comes to debris?
New York's PIX11 / WPIX-TV - May 20, 2015
Sunderland is the managing director of Optimal Spaces, a real estate firm that specializes in tenant representation. The one thing his tenants .
Optimal Spaces Announces the October 2014 New York Office and Retail Market Overview
PR Newswire - August 24, 2014
New York Office vacancies increased slightly in Midtown and Midtown South due to new construction at the Hudson Yards.
Landmark NYC department stores set to become history
New York's PIX11 / WPIX-TV - January 09, 2014
As far as the rent prices go, Stephen Sunderland Sr. Managing Director of Optimal Spaces, says that an increase in tourism numbers to record levels has brought more outside money that in return justify corporate haunts like Coffee Bean
Optimal Spaces: November 2013 New York City Office, Retail and Industrial Market Report
prweb - November 13, 2013
Optimal Spaces, Inc. has just released their November 2013 Office, Retail and Industrial Market Report for Manhattan. The report gives the reader, both novice and experienced professionals, an overview of the Manhattan commercial Office Retail and Industrial real estate market trends.
Manhattan’s Midtown is in a real estate crisis. Solution: The Pop-Up Hotel
4Hoteliers - October 10, 2013
Data provided by Crain’s New York, Optimal Spaces, and Bloomberg Business Week
Manhattan's Low-Rent Dining in Hiding
Wall Street Journal - May 13, 2013
... says Stephen Sunderland, senior managing director with commercial real-estate broker Optimal Spaces. And most delis are paying far less.
New pre-school for Park Slope
Real Estate Weekly - February 25, 2013
Steve Sunderland of Optimal Spaces served as the tenant’s broker for this transaction. The developer represented itself in the lease deal.
Commercial landscape in Manhattan: a focus on Hudson Yards
Frederic Maingois On Real Estate - February 01, 2013
Similarly to the development of Canary Wharf, Hudson Yard expansion project has a leading developer
Green Acres Is the Place for Macerich; The Deal Sheet - Commercial Real Estate
Bisnow - January 28, 2013
American Development Group, repped by Optimal Spaces' Steve Sunderland, leased 6,200 SF for 10 years at the condo redevelopment Park Union at 910 Union St in Park Slope and will operate a Mozarts and Einsteins preschool.
Mozarts and Einsteins Stroll Into Park Slope
Commercial Observer - January 25, 2013
Steve Sunderland of Optimal Spaces represented Mozarts and Einsteins in the transaction. The broker for the landlord, American Development Group, LLC, was not disclosed, but the landlord was represented by an in-house broker.
Manhattan's Office Market shines, driven by stronger hiring, but vacancy rates remain high overall and will go higher
PBT Consulting - April 05, 2012
Here's what Optimal Spaces says about the Manhattan Commercial Office Market:
The NY Fed Is Buying Its Own Building - Business Insider
Business Insider - February 28, 2012
At $357 per square foot (for 558,659 sq. ft.), the Fed got a pretty decent deal, according to Stephen Sunderland, owner of Optimal Spaces Inc., .
Industrial-strength space demand - Manhattan, Odd Borought Out
Crains New York Business - April 18, 2011
"There's not very much of it to begin with, and there's even less of it over time" said Stephen Sunderland, senior managing director at brokerage Optimal Spaces, referring to Manhattan's industrial property market of about 15 million square feet.
Property Management Companies Property Managers And Landlords – Pop Up Store Phenomenon
Simplifyem - March 11, 2011
Stephen Sunderland, Senior Managing Director and Founder of Optimal Spaces a Tenant Representative Commercial real estate brokerage firm, has been finding value for retail clients for 27 years. Most recently during the downturn, the pop up phenomenon occurred.
Whatever: Ironic Clothing Peddler Pens 227 Mulberry Lease
Observer - August 24, 2010
Sal Ferrigno and Richard Gelber of RKF represented the landlord, the Hakimian Organization. The tenant was represented by Karen Spielberger of Optimal Spaces.
Commercial Real Estate Research Shows Landlords are Loosening Terms
Newswire Today - June 08, 2009
"Even though asking rents have not fallen dramatically, taking rents have dropped", said Stephen Sunderland, managing director at Optimal Spaces, a New York tenant representative brokerage firm. "There are fewer tenants in the market and if landlords want to complete leases, they have to effectively lower the rents."
Landlords are Loosening Terms on Leases
New York City Commercial Real Estate News - April 15, 2009
Stephen Sunderland. a market research VP at Optimal Spaces, highlighted the a few trends in his analysis of the NYC office market.
Fighting rubber ruler measurements
The Real Deal - July 01, 2008
Sometimes reducing charges can be as simple as examining the rent bill closely. Stephen Sunderland, senior managing director of Optimal Spaces, a tenant brokerage, said some landlords make a profit on electricity by charging above what was metered and capital expenses normally borne by landlords sometimes find their way into maintenance charges.