Short-term meeting room rentals for attorneys
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Why a meeting room rental in NYC
can add to your firm’s bottom line
If your firm leases office space in NYC directly from the building’s landlord, consider reducing your office footprint (and thus your overhead) by leveraging a meeting room rental from your local shared legal suite. Your firm may have an occasional need for a large conference room for certain multi-party depositions or closings, or require multiple conference rooms on busy days. However, you may not need the extra space on a regular basis, and law firms can save thousands of dollars in rent over the lifetime of their lease by eliminating just one meeting room.
At current market lease rates in Midtown NYC, the lowest monthly cost for maintaining a large conference room is approximately $3,000 per month. Most meeting room rentals in Midtown NYC are priced at around $125.00 per hour. For the monthly cost of the extra conference room in your existing office, you can get over 24 hours of meeting room time in a shared legal suite.
Use less than those 24 hours in any given month and the firm will see substantial savings over time.
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