Things To Consider While Choosing A New York Office Space

Did you know that the commercial leasing industry in the United States earned revenues of $140

,264.3 million in 2009? The aim of every business enterprise is to expand. This is usually accomplished by taking on increasing workloads, hiring more people to do more work and hiring bigger New York office spaces to accommodate new employees. However, it is crucial that your new space meet your specific business needs.

New York Office Space: Considerations

You have plenty of choices when it comes to New York office space due to the many business centers in the city. The quality of office suites differs drastically depending on a few factors, including budget and location. It's a good idea to make a list of the most important points to consider while selecting the right office space to build your business:

Space: To evaluate the precise amount of space you need, you must consider the type of space you require. For instance, space for your private office, workstation, reception area (including seating), file areas and conference rooms. This will give the office space providers a better idea of your requirements.

Budget: Prices for office spaces are calculated on the square footage. These prices fluctuate with changes in the market. This means that when the market is bullish, negotiating with office suite providers can be a difficult task, whereas is it possible to get reduced rates when the market is bearish. Commercial leasing costs in New York averaged $28.39 per square foot in 2009, whereas it ranges from $40 to $300 in 2010. However, some well-established providers may give your discounted prices. Also, keep in mind that prices vary depending on the neighborhood, property value and appearance.

Ambience: Many businesses need a certain ambience to settle comfortably in a new office space. Your office space may add to, or detract from, your company's credibility. For instance, a design firm needs an office space that reflects the creativity of the staff and promotes the business. Some other factors are the amount of natural light, type of flooring, foyer of the building, exteriors, maintenance provisions, etc.

If you are looking for high-quality, yet affordable, New York office space, contact Select Office Suites today. You can also visit SelectOfficeSuites.com to see photo galleries and make an informed decision.

by: Melville Jackson

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