Office Sublease in Grace Building

Grace Building Office Space Sublease

The Grace building has a brand new built and fully furnished sublease of about 6,000 Rentable Square Feet that was built perfectly and never used. Furthermore, the available office space currently is built with 6 glass fronted offices and 10 large cubicles.

Conveniently, the existing sublandlord is looking for the incoming tenant to occupy the space for a short term. It's possible the next tenant can stay longer but it is not assured. The space currently serves as expansion space for the existing tenant. Worth noting, this office space for lease could be a great option for a tenant that was perhaps considering flex space from WeWork and is looking to save money. The sublandlord will be flexible with the term they are providing. WeWork would likely charge 50% more rent for something of this level quality and flexibility.

The Grace Building

Grace is an iconic modern office tower. Its high-performance, state-of-the art office spaces offer wide-open floor plates, walls of glass with magnificent views.

Perfectly situated on Bryant Park, Grace resides in the very center of Manhattan’s commercial heart. Its newly redesigned street level plaza and art-curated lobby secure its position at the top of the list of elite buildings in which to headquarter a business. Today, Bryant Park is considered the perfect neighborhood due to its convenience to public transportation and highly central location.

The Grace Building has two iconic restaurants, STK, and the renowned chef, Gabriel Kreuther.

Iconic History of the Grace Building

Built in 1974, The Grace Building site was formerly the Sterns Department Store. Since 1913, the Sterns Department Store in this location was a draw to residents and tourists enjoying the theatre. The building was torn down to build the much larger W.R. Grace building. Interestingly enough, the developers took advantage of zoning requirements to get a Sixth Avenue address by including a plaza behind it. Today, the plaza is being substantially redeveloped.

Tenants in the building include financial service firms and media companies. Today Midtown is the hottest office market.