Compared to the rest of the New York City market, the Garment District submarket has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 482 listings have come on the market, so you'll want to check back regularly for new listings. About 9% of the available space in the Garment District are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,300 sqft. Most properties in this market are approximately 14 stories. Most buildings in this area were built in 1924 and are Class B.
Finance and insurance are the dominant industries in this area. Commute by taxi is the most popular way to get to work amongst Garment District occupants. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.