Lease Assignment

Office sublet with wood floors

Located on East 28th Street at Park Avenue South, there is a stand-alone, private office space available for sublease. The layout is configured with a large open area, conference room, wet pantry, and a private windowed office. The space receives good natural light, has refinished hardwood floors, and an exposed ceiling with track lighting. Available for immediate move-in. 

Built with 5 private offices and large bull pen

Located on West 35th Street in Midtown South, a law firm has an entire suite available as a lease assignment. The layout has a large executive, corner office, three additional windowed offices (with the possibility of a fourth), an interior conference room, and large bull pen with wet pantry. All the windows are south-facing and receive good natural light. This office would be ideal for a law firm, accountants, or other professional use. Easy access to Grand Central, Penn Station, and many subway lines. 

Many new companies are hesitant to sign 5 year leases because they cannot predict their future office space needs. Perhaps they’ll require another 20 desks for programmers, or maybe half of their current staff will begin working remotely. Whether faced with an excess of office space or not enough, a sublease or lease assignment is the go-to remedy.

So what’s the difference?

Space Requirements