office space New York City

Your New Yor City office space guide by Search Office Space

New York City Office Space

New York City is the only place to be if you're ambitious enough to make your dreams come true. Like the old song says, "If you can make it there, you can make it anywhere. "The city is divided into five boroughs: Manhattan, Brooklyn, Queens, the Bronx and Staten Island" but Manhattan is where the high stakes action takes place. Some 1.6 million people call Manhattan home, but that number doubles during the day when the island is thronged with workers and tourists. New York City has one of the best public transportation systems in the world with subways, buses and commuter light rail. Driving in New York City can be hazardous to your health but if you must have a car, a number of bridges and tunnels lead into Manhattan including the George Washington Bridge, the Holland Tunnel, and the Lincoln Tunnel from New Jersey; the Cross Bronx Expressway from the north; the Williamsburg and Brooklyn Bridges from Brooklyn; and the Queensboro Bridge from the west.

The City That Never Sleeps is the place where the good life just got better: gourmet restaurants abound, Fifth Avenue is a world-famous shopping venue, and then there are the theaters and the clubs. New York City is home to hundreds of historic sites, cultural institutions and museums: the Metropolitan Museum alone has over two million works of art ranging from an authentic Egyptian temple to the finest collection of French Impressionists outside Paris.

The New York City office space market is America's biggest, and commercial office space in Manhattan right now is a buyer's market. The highest concentration of office space is in Midtown where average asking rents plummeted 30% between 2009 and 2010. To sweeten the deal, landlords are offering incentives for office rentals including rent abatement and cash allowances or additional rent abatement for remodeling costs. But that still adds up to a lot of cash out of pocket for infrastructure and operational costs something smart businesses with an eye to the bottom line may sensibly wish to avoid.

Shared office space is a far more economical alternative. Business owners pay a small monthly basic fee for their work stations, incurring additional fees on a pay-as-you-go basis for other services they may need like the services of support staff, meeting rooms, fax machines or photocopiers. The basic fee for the workstation also covers high speed Internet, mail services, and use of the business address.

Regus is the biggest business center operator in New York City with multiple centers throughout Manhattan including Broadway Times Square, Rockefeller Center, Park Avenue and the Chrysler Building. Regus workstations begin at $750 a month; this cost covers rent, utilities, furniture and office cleaning. Other business center operators in the New York City area include Rockefeller Group Business Centers, Sunshine Suites and Wurk Environments.