Wednesday April 24, 2024

Exchange Place Office Space Sublet

Financial District

LISTING DETAILS FOR Exchange Place Office Space Sublet

Unit Size 7280 SQ. FT
Type Sublet
Price CALL FOR PRICING

DESCRIPTION

Introducing a premier office space, located on Exchange Place in the bustling Financial District of Manhattan, New York. This spacious sublet office measures 7,280 square feet and can accommodate up to 48 employees. The office has been recently built with a modern, sleek design and features 8+ offices, 3 small meeting rooms/phone booths, a large conference room, open pantry, and bullpen seating for 16-20 people. The office space is fully furnished and wired with above-building-standard interior installations including open ceilings, hardwood floors, and glass fronted offices.

In addition to its modern amenities, the sublet is located in a historic building that dates back to 1893. Formerly known as the Lord’s Court Building, it served as the headquarters for the New York Stock Exchange from 1856 to 1865. The building has undergone complete renovation to include new storefronts, facade, lobby, elevators, common corridors, bathrooms, and mechanical systems.

The location is easily accessible by public transportation, with nearby Wall Street and Broad Street Subway Stations offering access to the 1, 2, 3, 4, 5, J, M, N, and R train lines. The building also offers amenities such as 24/7 access, lobby attendant, passenger elevators, service elevator, storage, and turnstiles.

In addition to the spacious sublet office space, there are various small, medium, and large rental options available to accommodate the needs of every tenant. Tenants can customize their office space to their liking or choose from a selection of high-end pre-built office spaces featuring high ceilings, natural wood floors, brushed metal accents, and repurposed authentic details that create an inviting, modern atmosphere.

Join the list of prestigious office tenants that have rented or leased space at 40 Exchange Place, including Pella Windows, Multicultural Radio Broadcasting, Aloha, Kaufman Dolowich & Voluck, Maiden Capital Source, Integra Partners Inc., and Communications Outsourcing Inc.

Come and experience the perfect mix of work and play in the heart of the Financial District, surrounded by a variety of dining and shopping options. With its convenient location and state-of-the-art amenities, 40 Exchange Place is the ideal place to call your office home.

Space Features

  • Newly built and high-end sublease ready for immediate occupancy
  • Features 2 large conference rooms, 3 meeting rooms/offices, 2 phone rooms, and open seating for 50+
  • Complete building renovation underway to include new storefronts, facade, lobby, elevators, common corridors, bathrooms, and mechanical systems
  • Above building standard interior installations with open ceilings, hardwood floors, and glass-fronted offices
  • Amenities include 24/7 access, lobby attendant, passenger elevators, service elevator, storage, and turnstiles
  • Located in the heart of the Financial District with excellent regional transport links and a wide range of dining and retail options nearby.
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GFP Real Estate, LLC was pleased to announce that it had signed 20,762 square feet of new lease transactions at 40 Exchange Place in Manhattan’s Financial District.

Allen Gurevich, senior managing director of GFP Real Estate, represented the owner, GFP Real Estate, in each of the following transactions:

· Golden, Rothschild, Spagnola, Lundell, Boylan, Garubo and Bell P.C., a law firm focused on the defense of civil cases, insurance coverage disputes, and workers’ compensation matters, either on behalf of insurers or self-insured entities, had signed a 10-year lease for an additional 7,400 square feet of office space on the 19th floor. Dylan Weisman and Matthew Siegel of Newmark had represented the tenant in the transaction. GFP had built out new offices, conference rooms, and a pantry for the tenant.

· Mobilo, a tech firm that offered a “smart” business card that allowed users to simply tap and share their contact details, gather leads, and connect to over 3,000 apps and CRM tools, had signed a short-term lease for 6,000 square feet on the 13th floor. Allen Gurevich of GFP Real Estate had also represented the tenant in the direct transaction.

· SoHo Men’s Health, a patient-focused, innovative specialty care facility, had signed a five-year lease for 1,225 square feet of office space on the 17th floor. Allen Gurevich of GFP Real Estate had also represented the tenant in the direct transaction.

· National Association of Pediatric Nurse Practitioners (NAPNAP), experts in pediatrics and advocates for children, had signed a five-year lease for 2,800 square feet of office space on the 19th floor. Megan Keenan of Keenen Ellicott, Inc. had represented the tenant in the transaction. GFP Real Estate had built out new offices, conference rooms, pantry, and a breakout room for the tenant, as well as installed a new tenant-controlled HVAC system.

· Tasty’s Deli and Café Corp. had signed a 10-year lease for 2,087 square feet of ground level and basement level retail space. In addition to Allen Gurevich of GFP Real Estate, Benjamin Birnbaum and Andrew Taub of Newmark had represented the landlord in the transaction; Jordan Raphan of Kassin Sabbagh Realty had represented the tenant in the transaction.

· Affinity Capital Exchange, the first platform specifically designed for institutional loyalty players to optimize loyalty program economics had signed a short-term lease for 1,250 square feet of office space on the 13th floor. Cole Chartash of Cushman & Wakefield had represented the tenant in the transaction.

40 Exchange Place, formerly known as the Lord’s Court Building, had been completed in 1893 by the architect John Townsend Williams. The building had served as a hub for innovation in the heart of the Financial District of Lower Manhattan and had served as the Headquarters for the New York Stock Exchange from 1856 to 1865. Various office spaces had been available ranging from 1,000 to 15,000 RSF and had provided flexible yet efficient layouts to accommodate the needs of every tenant.

The historic 20-story building had been renovated and re-imagined as the state-of-the-art workplace it was then, and had enjoyed the numerous transportation connections serving Wall Street and the wider Financial District, as well as a wide range of dining and retail options.

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