How to find a great office space in Manhattan

As much as Manhattan may be a good place for aspiring entrepreneurs, it is unusually hard to find a great office space in Manhattan. If you think about it, it all makes sense. NYC is one of the most sought-after locations for advancing a business. This means there is a lot of competition for quality office space. Nevertheless, there are ways you can track down a good commercial space in Manhattan. Hopefully, we are going to help you do this with a few helpful suggestions.

Finding good office space that will be a good fit depends on a number of factors. For instance, it helps if you have a clear idea about the size of the property that will suit your enterprise best. Then you have the option of leasing or buying space. However, since property values in Manhattan are sky-high most of the time, you should consider buying only if you have already adjusted to doing business in NYC. 

Also, depending on the nature of your business, you will probably take the available amenities, nearby services, and other such factors into account as well. Remember, your search will be much easier if you have an idea of where to search for. And do not hesitate to hire a professional agent or broker to help you out along the way. As much as we are confident in our ability to respond to various challenges our company may face, a helping hand is at times worth more than the financial investment. 

Be clear on what you need now and in the future

As you probably already know, office space in Manhattan is measured and then priced according to a square footage/year basis. This means that if 1 square meter is priced at $50, and you have a 2,000 sq. ft. office, it will cost $100,000/year. Divide that by 12 months and you arrive at $8,333/month. 

Admittedly, it can be difficult to anticipate how big of an office you will need in the future. A general rule is that you need at least 150 square feet per one staff member. So, it might be easier for you to figure out how many new employees your company might need down the line. 

Of course, this is just a general guideline rather than something set in stone. You could easily go for a smaller office in Manhattan if it has an adequate layout. Another way to get more space is to rent short-term storage space in the vicinity of your Manhattan office. In fact, this solution has many advantages because it makes more sense to store away documents, office supplies and tools somewhere outside of the office, at least until you organize your office. Why spend an exorbitant amount of money on every square foot of your office if you can go for a more affordable and more organized option?

Find a Manhattan neighborhood that suits your professional needs

After you figure out how big your office needs to be for optimal functioning, it will be easier to navigate through different leasing options in different Manhattan neighborhoods. These considerations are comparable to looking for a new house. So, start by thinking about your future needs. Do your business partners also do business in that Manhattan neighborhood? How long will your employees’ commute take? Does the price of the property fit into your budget? 

Ask yourself these questions and determine which neighborhoods make the most sense for your company. However, finding the most optimal solution for a number of factors is a balancing act more than anything. For instance, the length of the commute might be the deciding factor. 

Take your employees’ daily commute to this Manhattan neighborhood into account

To solve this problem, some CEOs decide to cut down on their employees’ benefits and remuneration packages. Not having to commute long hours before and after work will probably be a life-saver for the majority of your workers. 

However, it is better if you do not assume what your employees prefer. A few meetings or a survey inquiring into their preferences and opinions should clear this dilemma before you take action and rent office space in a certain Manhattan area. 

Once you close the deal with the landlord, you should search for an experienced moving crew that does commercial relocations in that Manhattan neighborhood. If you are having difficulties with finding the right moving crew, be sure to ask Heart Moving Manhattan, NYC for available moving dates. 

What you see is what you get

Looking for available office space online is definitely helpful, especially if you are moving your office from another state. However, keep in mind that photos can be deceiving. Most commercial property owners do not update the images regularly, so the office might look a whole lot different in reality. It can also be difficult to assess the actual size and appearance just based on the photographs. 

In fact, if a company is moving out, they usually have to clear the office space out completely before the relocation. This means that you won’t be able to visualize how the office looks with office supplies, desks, and furniture inside. Some business owners moving to Manhattan even prefer it this way. However, be sure not to make your final call based on a few pictures of an empty room. 

A long-distance commercial move to Manhattan is a challenging endeavor. You should definitely prepare for the move with utmost attention and care. So, rushing your decisions can do more harm than good for your business. Of course, the skilled crew is your best partner when you are moving to Manhattan, but you ought to do some footwork before you rent office space and find a suitable moving crew.

In principle, you should use online commercial property listings as a way to narrow down your search. You should also get a general idea about the price and availability of office space in the desired Manhattan neighborhood. Once you have shortlisted a few options, pay a visit to the property before you reach your final decision. Patience and plenty of research should help you find a great office space in Manhattan. Just take your time and look into everything closely.