Why implement your office in Brooklyn?  

Brooklyn, the bustling borough of New York City, has become a hotbed for office leasing in recent years. With its vibrant and diverse community, coupled with its close proximity to Manhattan, Brooklyn has emerged as an attractive destination for businesses of all sizes. The borough's dynamic neighborhoods offer a unique blend of historic charm and modern amenities, creating an appealing environment for companies seeking an alternative to the traditional corporate landscape. Moreover, Brooklyn's reputation as a hub for innovation and creativity has further fueled the surge in office leasing activity. Tech startups, media companies, and creative agencies are among the many businesses that have flocked to Brooklyn, drawn by its entrepreneurial spirit and access to a talented pool of professionals. As a result, the office market in Brooklyn has experienced substantial growth, with a wide range of flexible and modern spaces available to meet the evolving needs of businesses in various industries. Whether it's the revitalized warehouses in DUMBO, the trendy office lofts in Williamsburg, or the bustling commercial districts in Downtown Brooklyn, the borough offers a plethora of options for companies seeking a vibrant and dynamic work environment.

How much does it cost to rent an office in Brooklyn?

The cost of renting an office in Brooklyn can vary significantly depending on various factors such as location, size, amenities, and lease terms. The average asking rent for office space in Brooklyn is approximately $50 to $65 per square foot per year.

To read: our Brooklyn MarketBeat Office report analyzes quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.

Are office space rents likely to increase in Brooklyn?

Brooklyn has experienced a steady increase in office space rents in recent years due to its growing popularity and demand. Factors such as the borough's proximity to Manhattan, vibrant community, and reputation as a hub for innovation and creativity have contributed to this upward trend.

Popular neighborhoods in Brooklyn

Brooklyn offers a variety of neighborhoods that are popular for leasing office space. Some of the well-known and sought-after neighborhoods in Brooklyn include:

• DUMBO (Down Under the Manhattan Bridge Overpass): DUMBO is renowned for its converted warehouses and industrial lofts, which have attracted many creative and tech companies. It offers a unique blend of historic architecture, waterfront views, and a vibrant arts scene.
• Williamsburg: Williamsburg has become a thriving neighborhood known for its trendy atmosphere and creative energy. It is home to a mix of artists, startups, and established businesses. The area offers a range of office spaces, including converted warehouses and modern buildings.
• Downtown Brooklyn: As the borough's central business district, Downtown Brooklyn is a hub for commercial activity. It offers a mix of high-rise office buildings, retail spaces, and amenities. The neighborhood's convenient location and excellent transportation connections make it a popular choice for businesses.
• Brooklyn Navy Yard: The Brooklyn Navy Yard has undergone significant redevelopment in recent years, transforming into a thriving industrial park with a focus on innovation and manufacturing. It offers modern and flexible office spaces designed for creative and technology-driven companies.
• Industry City: Located in Sunset Park, Industry City is a massive complex offering a mix of office, retail, and light industrial spaces. It has become a popular destination for businesses in the creative, design, and innovation sectors.

Getting to and from Brooklyn

There are several ways to get to and from Brooklyn, including:

• Airplane: There are three major airports serving NYC - John F. Kennedy International Airport (JFK), LaGuardia Airport (LGA), and Newark Liberty International Airport (EWR). Travelers can fly to these airports from anywhere in the world.
• Train: Amtrak, Long Island Rail Road (LIRR), and New Jersey Transit (NJT) provide train services to and from NYC, connecting travelers to nearby cities and states.
• Bus: Several bus companies, such as Greyhound, Megabus, and BoltBus, offer affordable and convenient bus services to and from NYC.
• Car: Travelers can drive to NYC by taking major highways like I-95, I-78, or I-80, or by using local roads and bridges.
• Ferry: NYC's waterways offer ferry services from nearby cities, such as Jersey City, Hoboken, and Staten Island, providing scenic and enjoyable ways to travel to and from the city.