CHYE and COLlive present the Crown Heights Shop Local initiative: With the current low prices in Crown Heights, now is the time to rent commercial space locally when spaces are widely available at insanely low prices.
By Zev Gotkin
You’ve probably heard the phrase: “Get while the getting is good.” Well, now is the time to rent commercial space locally when spaces are widely available at insanely low prices.
Since the COVID19 pandemic, more people have started to work from home, creating commercial space vacancies in the center of Crown Heights, which has driven the price of rent down significantly. As a result, many commercial real estate owners living in the community are offering great deals, specials, and other incentives to attract tenants to their commercial spaces available right here in Crown Heights.
Rabbi Yehoshua Werde, founder of Crown Heights Young Entrepreneurs (CHYE), is encouraging COLLIVE readers and entrepreneurs in the Crown Heights community to take advantage of the widely available and extremely affordable office space during the pandemic.
A large number of retail stores, office spaces, and basements set up for commercial use are now empty and available for discounted rates, just waiting for enterprising tenants to snatch them up for a fraction of what they would normally cost. This situation, G-d willing, won’t last for too much longer, and if there’s anything you can count on, it’s the price of real estate to eventually go up.
That’s why now is the time to rent store or office space for cheap, and take your business to the next level!
“We have many young people in the community with great business ideas that can help them earn parnasa,” said Yehoshua Werde. “Now is precisely the time when we should be encouraging individuals to start businesses, because commercial spaces are so widely available at unbeatable, low prices.”
Many commercial space owners in Crown Heights lowered their rent asking prices tremendously and others are offering incentives such as free months of rent credit in the hopes of finding new tenants.
“As someone who has watched countless individuals in our community over the years start successful businesses right here in Kan Tziva Hashem Es Habrocha, I highly encourage those that need the extra push to start their business and to take advantage of all the different opportunities now,” said Yehoshua Werde. “Remember, it’s always best, if possible, to buy local and support the community by purchasing from local Crown Heights Yiddishe stores and businesses.”
The low prices and special deals aren’t the only things attracting people to rent locally. Crown Heights residents who have the flexibility of working remotely and would like to work outside the house without the schlep of a long commute to Manhattan are excited that commercial space is now so widely and cheaply available in their own backyards. The ability to work from your own business or office right here in Crown Heights walking distance from home and shul is a huge convenience.
Crown Heights Young Entrepreneurs and COLLIVE have put together an extensive list (see below) for those who are looking to rent commercial space in Crown Heights. Many of the office and retail store spaces and commercial basements listed below are centrally located in Crown Heights. More listings are available in the COLlive classified ad section.
We kindly request only serious inquiries.
And, if you have any friends or relatives looking to start their own businesses in Crown Heights, please do them a chessed and share this article with them!
All Prices are Negotiable,
Most of these Listings are giving Free Month(s) Rent Credit (varies by locations) For Long Term Rentals,
Serious inquiries only,
NO FEE – Sterling Place & Schenectady Avenue in Crown Heights,
Luxury Gut Renovated Brand New Very Large Huge Full Basement for Rent,
Asking $1395 NO FEE Negotiable,
For Rent by owner – No broker fee,
Please WhatsApp Mendel 347-768-3711
NO FEE – Empire Boulevard near Kingston Avenue,
Very Large Huge Ground Floor Commercial Space / Office Space for Rent,
Asking $1650 a month rent No fee,
No broker fee,
For More Details & to View please Call Moshe 347-804-8140
NO FEE – Newly Renovated Basement Commercial/Office Space for Rent
in a Private House on President Street & Utica Avenue in Crown Heights,
Asking $1200 a month rent, Negotiable, No fee,
No broker fee, To view…
Read More: Office Spaces Are Available in Crown Heights