Brand New TAMI Sublease in The (Former) Garment District

October 22, 2015

Lance Leighton

Founder –
Corporate Managing Director, Savills Studley
New York State Licensed Real Estate Salesperson

Call 212-326-8668

Furnished and Plug and Play Office Space in Midtown Manhattan – Times Square South

The Garment District is a submarket generally known for housing fashion & accessories companies, showrooms, fabric stores and streethawkers.  However, this once decrepit and battered neighborhood has recently seen a huge influx of TAMI tenants.  Due to the rapid and unpredictable explosion of rents in Midtown South, many creative users are being priced out resulting in spillover to the neighborhood that once housed your granny’s pantyhose maker.  As a matter of fact, to get away from the highly stigmatized designation, The Garment District is now being dubbed Times Square South and is attracting some major restaurateurs, hospitality groups, hotels and nightlife (click here to read more).  As more and more tenants are becoming keen to the evolution of the neighborhood, vacancy rates have been decreasing and prices have been steadily increasing.  However, there is a short-term, furnished and plug & play sublease available on the partial 27th floor at 1410 Broadway that could be a home run for any TAMI or creative user.

Offered for sublease from Konrad Group, this brand new sublease is located on the southeast corner of 39th street and Broadway, giving the subtenant access to both the excitement of Times Square and the tranquility of Bryant Park.  Situated in transportation heaven, 1410 Broadway gives entree to two major subway stations, as well as Penn Station– all short walks away.  The creative installation boasts hardwood floors, exposed ceilings, excellent light and is fully wired and ready for occupancy immediately.  With a term through September 30th, 2018, this space creates a unique opportunity to pay less than market rent while also maintaining the flexibility growing companies need.  Measuring 3,854 rentable square feet, this sublease is perfect for start-ups looking for a mixture of offices and open collaborative area (floorplan here).

Please click here to contact us for more information or HERE to try our free office space search.

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