Built Creative Sublease in Midtown South

Now trending for today’s most successful technology, advertising, media, and information tenants is the desire to strike a delicate balance between distancing themselves from the convention of traditional office space while maintaining a professional and polished office space. Opportunities are often hard to come by in the right neighborhood, which is why several growth-minded TAMI groups look towards the sublease market to find the perfect place to call home.

Story Worldwide is placing the entire 8^th floor of 48 West 25^th Street on the market for sublease. This 10,000 square foot floor plate will give a full floor presence on a professional yet creative installation that was completed two years ago.  Currently built with industrial and modern finishes, the real hallmark of this space is the variety of multi-purpose areas that provide collaboration and spatial efficiencies. The unit is currently built with a communal lounge area with a table that seats 14, a boardroom that seats 18, an open concept pantry with a breakfast bar, a conference room, a breakout room, and open area.  The open area holds room for 70 workstations. There is also a designated bike storage area for the employees that bike to work. Furniture from this fully-loaded space can be included for an incoming subtenant. This sublease runs through June of 2022, providing relative flexibility to a typical 10-year market lease.With an asking price in the low $60’s per square foot, this opportunity should not be overlooked in your office search.

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