In the heart of Manhattan, you'll find lots of quality office spaces with desirable addresses. New York City is one of the world’s most prominent hub of financial and commercial activity. Due to this, New York City is one of the most expensive places in North America to rent office space. This is particularly the case in sought-after ZIP codes.
In this competitive market, small office spaces have emerged as a way for businesses to access these addresses. These compact workspaces offer affordability and flexibility in vibrant Manhattan neighborhoods.
Below, we explore small office spaces in Manhattan, including how changing trends have impacted office spaces, why you should choose one for your business, and some exceptional options offered by Regus.
Manhattan's growing office space market
Manhattan's office space market is evolving, with the demand for flexible spaces growing by 40%. Factors such as 28% of NYC employees still working remotely and the presence of 25,000 tech startups in the city are driving this trend.
Though serviced offices in Manhattan are still popular, many businesses are now opting for flexible, affordable small workspaces.
Changing trends: The impact on small office spaces
After crises such as the COVID-19 pandemic, the US economy emerged from high levels of inflation and the risk of recession. This, alongside other factors such as new technologies, has created a business landscape full of rapid change and uncertainty.
In this environment, few businesses want to commit to a long-term lease on an expensive Manhattan office. Instead, businesses are seeking more flexible solutions that allow them to adapt to changing circumstances.
Small office spaces meet these needs with flexible leases and all-inclusive pricing. They offer businesses the ability to scale up or down as required without the burden of long-term commitments.
Why you should choose small office spaces in Manhattan
Small office spaces offer an array of benefits that set them apart from traditional office leases in Manhattan. Small offices provide affordability, access to premium amenities, productive environments, and much more.
Discover why these offices are the perfect choice for businesses of all sizes seeking to thrive in the city's fast-paced environment.
1. Reduced overhead costs and financial benefits
In a city with notoriously high real estate prices, small office spaces in Manhattan are a cost-effective alternative.
Opting for a smaller office brings a host of advantages. These include the opportunity to position your business in sought-after locations without the burden of large overheads.
Additionally, the rental price typically includes expenses like utilities, maintenance, and cleaning. Thanks to this, businesses don’t have to manage or pay separately for these services.
Finding a small office to rent in Manhattan could therefore allow your business to enjoy a professional workspace at a fraction of the price.
2. Flexibility and scalability for growing businesses
Small office spaces offer a high degree of flexibility. Businesses can adjust office size to their number of employees. This allows them to scale up or down without the hassle of relocating.
This is ideal for startups and growing businesses that are undergoing rapid changes.
3. Convenient location options
Manhattan is home to a wide range of business districts, each with its own unique characteristics and advantages.
For instance, basing your business within the Financial District places you at the epicenter of global finance and commerce. In the Flatiron District, small offices provide a prime spot for startups and tech companies to interact with the city's growing tech scene.
With small office spaces available throughout the city, businesses can tap into an ecosystem of valuable connections that are essential for their growth.
4. Access to professional amenities and services
Small office spaces in Manhattan often come with a range of professional amenities and services tailored to the needs of small businesses. These may include reception services, high-speed internet, professional meeting rooms, and more.
Amenities like these can help growing businesses optimize their resources and present a more professional image to partners and clients.
This helps build trust and foster relationships, enhancing the growth and success of small businesses in the competitive Manhattan market.
5. Networking opportunities and collaboration in shared spaces
Shared office spaces offer lots of opportunities for networking and collaboration. These environments' smaller scale and close-knit nature can help create a more team-focused atmosphere.
When they join a shared office space, businesses become part of a diverse community of professionals and entrepreneurs. This can open up valuable partnerships and business opportunities.
6. Customization and personalization of small office spaces
Many small office space providers offer customizable office spaces. This means businesses can adapt the space to reflect their brand and culture. This will help to inspire their team and impress partners or clients.
7. Increased productivity and focus in dedicated work environments
Having a dedicated workspace in the fast-paced environment of Manhattan can help boost efficiency and employee focus.
Unlike working from home or in a crowded public place, the tailored space of a small office ensures that every square foot is optimized for productivity. This provides a quiet and professional environment that's conducive to work.
Beyond this, small offices cater specifically to the needs of smaller teams, fostering a close-knit and collaborative atmosphere. Small office spaces not only enhance work efficiency but also demonstrates a smart and resourceful approach to business operations.
Upscale small office spaces for rent in Manhattan
Searching for upscale small office spaces for rent in Manhattan? Look no further. Embrace the allure of this iconic city while enjoying a prestigious address that exudes professionalism and credibility.
Whether you seek a modern workspace in the bustling Financial District or a creative hub in the trendy Flatiron District, discover our range of prestigious office spaces tailored to meet your business’s needs.
1 Rockefeller Plaza, Manhattan
Located within the iconic 1 Rockefeller Plaza, this distinguished address commands attention. This location is a cherished hub for culture, commerce, and community. The statement entryway and prestigious Manhattan address set the stage for a business's success.
This location features a variety of spaces perfectly suited to your work requirements, including a lounge, conference facilities, and an inviting outdoor terrace. There’s also a multitude of nearby dining options nearby, ensuring you can entertain guests or clients with ease.
Highlights include:
● Business lounge
● Break-out areas
● Meeting rooms
● On-site restaurant & cafe
Information about 1 Rockefeller Plaza
● Location: 1 Rockefeller Plaza, Manhattan, NY 10020
● Starting cost: Private offices from $925 per person per month
● Opening hours: 24-hour access for Private Office and Dedicated Desk members. Reception hour access for other members
● Nearby stations: Rockefeller Center Station (a two-minute walk away), 49th Street Station (a seven-minute walk away)
Chrysler Building 26F, Manhattan
The iconic Chrysler Building offers a central city location and stunning views of the Manhattan skyline. As the third largest skyscraper in the city, it’s an ideal choice for businesses looking to make a statement.
The blend of architectural grandeur and modern amenities in this small office space creates a truly unique and inspiring environment for businesses seeking to thrive in the heart of Manhattan's vibrant business landscape.
Highlights include:
● Break-out areas
● On-site dry cleaning
● Meeting rooms
● On-site cafe
Information about Chrysler Building 26F
● Location: 405 Lexington Ave, Manhattan, NY 10174
● Starting cost: Private offices from $605 per person per month
●Opening hours: 24-hour access for Private Office and Dedicated Desk members. Reception hour access for other members
● Nearby stations: Grand Central Terminal (a two-minute walk away), 42nd Street Bryant Park Station (a six-minute walk away)
Office space in Midtown Manhattan
With a small office for rent, Manhattan high-rises become accessible spaces for businesses of all sizes. Discover the iconic skyscrapers of Midtown and find the perfect office space leasing in Manhattan.
112 West 34th Street, Manhattan
Situated in the heart of Midtown, 112 West 34th Street is moments away from a major transit hub, making it convenient for you and your VIP clients.
Step outside and find yourself surrounded by a dynamic array of restaurants and entertainment. Immerse yourself in the unique charm of this iconic neighborhood, known for its world-class shopping, landmarks, and eclectic mix of culture.
Highlights include:
● Break-out areas
● Meeting rooms
● Business lounge
● On-site restaurant
Information about 112 West 34th Street
● Location: 112 West 34th Street, Manhattan, NY 10120
● Starting cost: Private offices from $369 per person per month
● Opening hours: 24-hour access for Private Office and Dedicated Desk members. Reception hour access for other members
● Nearby stations: 34th Street Herald Square Station (a two-minute walk away), Penn Station (a five-minute walk away)
1740 Broadway, Manhattan
1740 Broadway features a vibrant aesthetic, an outdoor terrace, and stunning city views. This small office is an inspiring environment for teams of all sizes.
Only a short walk away, you can embrace the serenity of Central Park or indulge in the vibrant restaurants and retail at Columbus Circle. At 1740 Broadway, the possibilities for creativity, productivity, and growth are limitless.
Highlights include:
● Break-out areas
● Meeting rooms
● Outdoor terrace
● Parking
Information about 1740 Broadway
● Location: 1740 Broadway, Manhattan, NY 10019
● Starting cost: Private offices from $945 per person per month
● Opening hours: 24-hour access for Private Office and Dedicated Desk members. Reception hour access for other members
● Nearby stations: 57th Street Station (a two-minute walk away), 7th Avenue Station (a four-minute walk away)
477 Madison Avenue, Manhattan
477 Madison Avenue is an address full of prestige and sophistication. This impressive skyscraper stands tall within the esteemed Plaza District, a hub for finance, insurance, and law firms.
Take a break from work and explore the nearby St. Patrick's Cathedral or indulge in retail therapy at the iconic Saks Fifth Avenue.
This space leaves a lasting impression on clients and guests from the moment they step into the elegant marble lobby. 477 Madison Avenue is an ideal address for those who aspire to be at the forefront of Manhattan's corporate and artistic landscape.
Highlights include:
● Break-out areas
● Meeting rooms
● Business lounge
Information about 477 Madison Avenue
● Location: 477 Madison Avenue, Manhattan, NY 10022
● Starting cost: Private offices from $659 per person per month
● Opening hours: 24-hour access for Private Office and Dedicated Desk members. Reception hours access for other members
● Nearby stations: 5th Avenue-53rd Street Station (a two-minute walk away), 51st Street Station (a five-minute walk away)
Office space in Lower Manhattan
Discover office space in the thriving neighborhood of Lower Manhattan. This area features convenient transport links, world-class dining, and a rich cultural scene. A perfect location to establish your business presence.
101 Avenue of the Americas, Manhattan
101 Avenue of the Americas attracts a diverse community of professionals within the design, film, and tech industries. Surround yourself with like-minded individuals and embrace the energy of this creative area.
Upon entering the workspace, you're greeted by panoramic views of SoHo's historic skyline. This creates a light-filled environment that sets the stage for productivity and inspiration.
When it's time for a break, enjoy refreshments from the on-site coffee bar, and relax in the lounge or outdoor terrace.
Highlights include:
● Break-out areas
● Business lounge
● Outdoor terrace
● On-site cafe
Information about 101 Avenue of the Americas
● Location: 101 Avenue of the Americas, Manhattan, NY 10013
● Starting cost: Private offices from $619 per person per month
● Opening hours: 24-hour access for Private Office and Dedicated Desk members. Reception hours access for other members
● Nearby stations: Canal Street Station (a two-minute walk away), Spring Street Station (a four-minute walk away)
99 Hudson Street, Manhattan
Located in the heart of Lower Manhattan, 99 Hudson Street offers a coveted business address near Wall Street. Placing your business in this location puts you at the center of one of the world's most influential financial districts.
As you step into this workspace, you're greeted by a refreshing blend of indoor comfort and the natural freshness of the outdoors. With natural light and scenic views of the Hudson River, you'll find the perfect setting to bring your biggest ideas to life.
Highlights include:
● Break-out areas
● Business lounge
● Meeting rooms
Information about 99 Hudson Street
● Location: 99 Hudson Street, Manhattan, NY 10013
● Starting cost: Private offices from $439 per person per month
● Opening hours: 24-hour access for Private Office and Dedicated Desk members. Reception hours access for other members
● Nearby stations: Canal Street Station (a two-minute walk away), Franklin Street Station (a four-minute walk away)
Office space in the Financial District Manhattan
Be in the heart of global finance and commerce in the heart of Manhattan's Financial District. Elevate your business with a prestigious address on Wall Street near leading banks and organizations.
Embrace the opportunities that a Financial District office space offers, providing your business with an exceptional platform to excel in this bustling financial hub.
When situated in this location, your business benefits from the dynamic and influential ecosystem that defines this prestigious area.
14 Wall Street, Manhattan
Working at 14 Wall Street offers more than a prestigious address. It will immerse your business in a dynamic finance community within the world's most iconic financial hub.
This landmark building features large windows, creating light-filled spaces that foster creativity and growth. Beyond the office, immerse yourself in culture, with the nearby Liberty Park and historic Stone Street district.
Embrace the pleasure of entertaining your clients in some of the world's finest restaurants, only steps away.
Highlights include:
● Break-out areas
● Business lounge
● Meeting rooms
● On-site cafe
Information about 14 Wall Street
● Location: 14 Wall Street, Manhattan, NY 10005
● Starting cost: Private offices from $479 per person per month
● Opening hours: 24-hour access for Private Office and Dedicated Desk members. Reception hours access for other members
● Nearby stations: Wall Street Station (a two-minute walk away), Broad Street Station (a four-minute walk away)
One Liberty Plaza, Manhattan
Elevate your business in the central financial hub of New York City at One Liberty Plaza. This striking 54-story steel and glass tower stands as a landmark location in the lively Financial District.
Inside you'll find contemporary offices that exude a welcoming atmosphere, perfect for hosting partners and clients. Beyond its aesthetic appeal, One Liberty Plaza is close to key transport links and a myriad of high-end restaurants.
Highlights include:
● Break-out areas
● Business lounge
● Meeting rooms
● On-site cafe
● Parking
Information about One Liberty Plaza
● Location: One Liberty Plaza, Manhattan, NY 10006
● Starting cost: Private offices from $585 per person per month
● Opening hours: 24-hour access for Private Office and Dedicated Desk members. Reception hours access for other members
● Nearby stations: Wall Street Station (a two-minute walk away), Broad Street Station (a four-minute walk away)
140 Broadway, Manhattan
Immerse yourself in breathtaking harbor views in the world’s financial capital, at the iconic 140 Broadway. With floor-to-ceiling windows, the space fills with natural daylight, creating an energizing atmosphere.
Soak in the breathtaking New York skyline and marvel at the majestic Statue of Liberty as you collaborate with your team or clients. Choose from an endless range of nearby dining options, offering an array of choices to suit any taste or budget.
Highlights include:
● Break-out areas
● Business lounge
● Outdoor terrace
● Meeting rooms
Information about 140 Broadway
● Location: 140 Broadway, Manhattan, NY 10005
● Starting cost: Private offices from $525 per person per month
● Opening hours: 24-hour access for Private Office and Dedicated Desk members. Reception hours access for other members
● Nearby stations: Wall Street Station (a two-minute walk away), Broad Street Station (a four-minute walk away)
Find small office spaces in Manhattan with Regus
Small office spaces in Manhattan offer a range of benefits for businesses of all sizes. Cost-effective and flexible, they’re ideal for entrepreneurs or companies looking to establish their presence in New York City.
Regus offers a variety of small office spaces to suit your business needs. Whether you're a growing startup or an established business, Regus has a solution for you.
Explore the options available and contact a Regus expert today.
