Grand Central Adjacent, Move In Instant: PCA’s Ready-Made Office Win

Building

286 Madison Avenue

Lease Term

4 + Years

Lease Type

New Direct Lease

Delivery Condition

Turnkey

The Challenge

PCA needed to secure a new office in close proximity to Grand Central Terminal after learning that their current building would not be renewing tenants due to a planned full renovation by new ownership. This created a time-sensitive search for a ready-made workspace that could support a seamless transition without the delays of construction or buildout.

The ideal office needed to be within a five-minute walk of Grand Central, located on a lower floor for ease of access, and fully pre-built to allow for immediate occupancy. The priority was finding a space that minimized disruption while still meeting practical day-to-day operational needs.

The Solution

The opportunity at 286 Madison Avenue met these requirements while offering additional advantages. Positioned just two blocks from Grand Central, the building delivered exceptional accessibility at roughly half the cost of properties with direct terminal access. The space itself was in excellent condition following the prior tenant’s occupancy, allowing PCA to move forward quickly.

To further streamline the transition, PCA was able to secure a brand new dishwasher, a complete deep cleaning of the unit, and a generous period of free rent. These concessions helped reduce upfront costs and made the move-in process as smooth and efficient as possible.

The Outcome

By relocating to 286 Madison Avenue, PCA successfully secured a turnkey office in a prime Midtown location near Grand Central. The space allowed for an easy and immediate transition without the need for construction or downtime, ensuring business continuity throughout the move.

My team and I are ready to represent you in your next NYC commercial real estate lease.

Contact

Jwolkenfeld@normanbobrow.com

Direct: (212) 682-8848

Mobile: (323) 474-5552

Address: 488 Madison Avenue, New York, NY 10022

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