Scaling Up Without Stepping Out: Rock & Hammer's Smart Expansion at 950 Third Avenue

Building

950 Third Avenue

Lease Term

5 + Years

Lease Type

In-Building Expansion

Delivery Condition

Modified To Suit

The Challenge

Rock & Hammer Tax Services, a accounting firm recognized for its wide array of personalized professional services, faced the challenge of expanding their office footprint from its current size without relocating outside their existing building. The firm aimed to maintain continuity and stability for their clients and staff during this growth phase, while maintaining a Class A office space with an efficient layout.

The Solution

Initially, Rock & Hammer had secured a sublease at 950 Third Avenue. As their need for expansion became apparent, we facilitated negotiations for an adjacent space expansion under a new 5-year lease directly with the landlord.

The Outcome

Rock & Hammer successfully expanded their office space to 1.5 times its original size under the new 5-year lease at 950 Third Avenue. This in-building expansion enabled them to enhance their operational capacity and client service without the complications of a physical move, thereby supporting their growth while ensuring minimal disruption to their operations.

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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