The Garment District has become one of Manhattan’s most transformed real estate markets. An area once known for housing fashion companies, showrooms, and fabric vendors in New York City, has now become a primary option for TAMI firms that have been priced out of Midtown South. Since there is an insatiable amount of demand for below market, plug and play, furnished office spaces; this new opportunity that just hit the market from eBay is a must see for mature tech firms in search of capitalizing on another group’s existing infrastructure.
Located at 1350 Broadway, in the heart of Herald Square, the entire 3rd floor is being offered for sublease from the tech juggernaut, eBay. Currently built with the creative chic that all TAMI firms are striving for, the entire floor measures 24,862 rentable square feet. In its existing conditions, the premise contains 18 perimeter offices (that can be used as breakout rooms or traditional offices), multiple pantries and open area for over 125 people (floorplan here). The sublandlord is asking $55 per square foot and possession is immediate.
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