New York State Local Information
With a GDP of over $1.1 trillion New York state is one of the biggest contributors to the US economy. NYC is a global center for finance, banking and communications with dozens of companies using the city is a location for company headquarters. Other sectors which flourish include printing, fur production and railroad equipment manufacturing. New York state is also the third most prominent grape producing state and the second biggest producer of wine (30,000 acres of vineyards), only eclipsed by California. It also has a huge agricultural sector and is one of the top five in the US. The office space market is one the of the most expensive in the world, and easily the most expensive in the US. In fact downtown Manhattan office rents are almost 50% than the next most expensive in the US. Despite the global economic slowdown of 2009, office rentals in New York are still some of the most expensive globally.
Office Space - New York?
The market for commercial property including serviced offices and executive suites is very wide ranging in the New York area. This is because New York is well connected to local transportation and so is easily accessible. There is a great deal of offices on the market in New York, so choose yours carefully.
What do New York executive suites offer?
If you are looking for New York offices, then it is highly recommended that you choose an executive suite in a business center rather than commercial property such as a traditional commercial office lease. With the amount of flexibility that serviced offices (as they are also known) offer, we recommend a New York office suite for your business every time.