There are few things to consider if you are about to rent an office space. You need to think about the size you will be needing. The smallest office space available is about 77 square feet, and the largest available is 1.800.000 square feet. If you check out the listing, you will be happy to see there are over 6000 office spaces for rent. So you can take your pick.
What do you need to rent an office space in Manhattan?
NY is not cheap no matter what you are about to rent. To lease a commercial office space, you need a few things like good credit and strong financials. You must have a business plan and some market knowledge. Plan ahead of your office lease budget. Also, finding a good real estate agent might be best. They can provide you with the best listings and you will be able to choose the best possible office space for your company.
How much money does renting an office space in Manhattan cost?
The average rent is, according to research, something between 75 and 85 dollars for a single square foot for traditional office space. So that means that for 5000 dollars you get only about 810 square feet of office space. As you can see, it is not cheap, but that’s Manhattan for you.
Saving some money while renting
There might be a way to save some money while renting. If you have extra desks or office space – you can rent them. Leaving empty space is a sure way to lose money. Also, you can hold training classes, seminars, or workshops on weekends or whenever the office is empty. This can help out with costs.
Relocating your office
If you found the right office space for you, now is the time to think about moving. How will you do this? Moving office is not easy, but if you team up with professionals they will help you to make this relocation hassle-free. The next step for you is packing.
Make sure you get good quality boxes. Label everything, you will soon forget what is what. This will also make unpacking easier. If you have any breakable items, use box dividers and bubble wrap to ensure their safety while transporting. You can even download some moving apps to help you with the organization.
If you are moving into a smaller office space and you have plenty of office items that can’t fit, you need to think about renting storage. This is a very common thing in Manhattan since the prices are high, many can not afford big office space so all the extra items must be kept somewhere safe. Talk to Simplify Valet Storage & Moving about this, they will be able to find you good storage.
Don’t worry, you got this. Hopefully, your business will flourish soon and you will be moving to a bigger office space soon! Until then, you know how to save up.