Choosing an Office Space for Rent in New York City

Choosing an office space for rent in New York City is easier than ever with an increasing number of office constructions in the city. If you want to learn how to choose an office space to rent for your business, you have come to the right place. In this article, we will list down all the factors you need to consider for finding the perfect private office space for rent NYC.

Assess Your Business Requirements

The first step is to assess your business requirements. For instance, if you are running a law or finance business, you will need a private office where you can carry out meetings and confidential discussions. On the other hand, a creative agency or tech company would require big rooms to provide each department with a separate room to work. An ideal situation would be where every employee of the company has enough desk space to work with while you have your own office and meeting rooms for important decisions and discussions.

Check Your Budget

Before you select one of the office buildings for sale in New York City for permanent office setup or just rent one for your office, make sure you make a budget. Budgeting becomes more important if you are renting an office space, as allotting a certain part of your revenue to your office requires smart planning. First, check your overall profit after taxes and expenses, and then check the total amount of running capital you need to run the business. Now, the remaining profit you take home would be the cash you will use to cover the office rent. The method will help you calculate the rent you will be able to afford while it will remain as a part of your expenses.

What is Your Space Requirement?

One thing you need to consider before getting a commercial office space for rent NYC is the total space it offers and the total space you need. The size of your company determines the size of the office, so make sure you keep that in consideration. Standard space for an office is around 150 to 350 square feet, whereas cubicles are around 80-100 square feet per person. On the other hand, if you go for an open-plan workstation, the size of the workstations will come down to 60 square feet per person.

Location of the Office

The location of the office is the most important factor that contributes directly to the overall performance of your company. The culture of every neighborhood in New York City is unique, so you must carefully select one that fits your business requirements. For instance, places like the Plaza District are known as popular among businesses with extreme corporate success, whereas neighborhoods like Flatiron are popular for new tech startup businesses.

Make Sure That the Amenities Are Clear

The amenities are an important factor that contributes directly to the final decision. Amenities in an office attract employees and lets you get the most skillful workers for your office. For proper office setup, make sure to use an L-shaped standing desk and an ergonomic office chair to comfort yourself. On the other hand, you can get high-quality wholesale office furniture to provide the most comfortable working experience.

Determine Your Leasing Terms

The time you want to keep your office in a certain area is something that you need to decide before you select an office to rent. If you are starting from scratch and need a small office space for rent NYC, then you will need to predict your growth rate. If you are expecting a high growth rate, then you will need to keep your rental period short. On the other hand, companies with slow or steady growth rates are advised to keep the rental period longer.

Always Leave Room for Expansion

While selecting commercial office space for rent NYC, you need to make sure that you leave room for expansion. The layout of the office must allow you to expand the overall space when required. This would allow you to make your rental period longer without worrying about expansion.

Layout of the Office

The layout of your office should have some important rooms, allowing you to make a professional working environment. Some of the most important areas of the office include shared conference rooms, reception, security room, rooftop access, and some green space. Regardless of how small your office is, make sure you fit in all these rooms to make it functional and productive.

Understand the Difference between USF and RSF

Before selecting your commercial office space for rent NYC, make sure you know the difference between rentable square footage and usable square footage. Usable square footage is the area you can use for your office work the way you like, whereas rentable square footage is the area you don't actively use, but you still pay for it. RSF includes electrical closets, fire stairs, and utility rooms.

Accessibility

People would only love to join your team if your office is located at a place that is easily accessible. So, the best way to ensure accessibility is to look for a private office space for rent NYC at a place that is accessible by train, bus, or subway.

Find the Right Furniture for Your Office

Putting the right furniture in your office is essential regardless of whether you are getting the office space on rent or buying it. If you are getting a small office space for rent in NYC, then you should consider buying office equipment in bulk using the Autonomous bulk order program. Here, you will be able to get a wholesale office chair, wholesale office desk, and high quality standing desk at huge discounts.

Conclusion

The article has all the important factors you need to keep in mind before choosing an office space for rent in New York City. Make sure you follow all the recommendations above to make the most productive and efficient office working environment in NYC.