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How To Find The Perfect NYC Office Space For Startups

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icon_Follow_en_US How To Find The Perfect NYC Office Space For Startups

Finding Office Space for Your Startup in NYC

Getting an office for your startup is a big step in the growth of your company. When finding an NYC office space, be realistic about obstacles that might come up to avoid hurting your business in the formative stages. Consider everything involved including square footage, cost, infrastructure, access and proximity to other businesses.

Space

Depending on your budget, look for office space that fits your work culture. No matter how small your budget is, your potential office needs to accommodate your needs and clients. A small and poorly ventilated office space with an outdated interior design is a bad image for the business.

Occupancy costs

Consider the additional costs you’ll need to make the office professional and modern. If you require a lot of painting, wiring, and refurbishments to settle in, perhaps it’s wise if you hunt for something that is closer to your expectations when you move in. A lot of out-of-pocket costs and adjustments can become a huge headache and waste of time.

Total lease amount

Review all terms laid out in the lease agreement. Avoid spaces where you’ll need to pay an advance in rent for many months. This will lock up your capital and put financial pressure on your business where it’s not necessary. It also limits your chances of relocating in the event that your new office space location does not suit you for the long-term.

Surrounding and interior

Arguably, the most important aspect of getting an office space is to project a professional image and enhance client relationships. You need to look for office space that will speak for your brand, has a beautiful and modern design, and provides a work-friendly environment. Look at the amenities within the premises such as kitchen, reception area, and general design. On the outside, consider noise and security. 

Instead of beating around the bush for too long, think about involving an NYC real estate broker. Except for the brokerage fee, you can relax and be assured that your office expectations will be met. They have industry knowledge about price, friendly terms, flow of business, availability, and interior design.

Hopefully, you find the infographic below useful. If so please share!

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Spaces

Spaces Commercial Real Estate helps businesses in NYC find and secure great space. Whether you’re one person running the show or have a cast of characters to do your bidding we’ll help you find the right space and at the right price! Click below for more information.
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Jack Cohen

Jack Cohen has over 15 years of industry experience developing and implementing real estate strategies for clients in Manhattan and throughout the United States. Prior to founding Spaces Commercial Real Estate, Jack was a Managing Director at Colliers International for 3 years and a Director at Cushman & Wakefield for 9 years. Jack’s forward thinking has engineered some of Manhattan’s most unique and difficult deals including the repositioning and leasing of 636 11th Avenue, a 564,000 RSF warehouse to office conversion, which was awarded real estates highest honor- REBNY’s Henry Hart Rice Most Ingenious Deal of the Year Award.

Jack is a graduate of Rutgers University School of Business where he majored in Economics and Business Management. He is a member of the Real Estate Board of New York, the executive committee of American Israel Public Affairs Committee (AIPAC), and the Board of Education of Keter Torah, his childrens’ school. Jack lives on the Jersey Shore with his wife and three children.