Printer Friendly
The Free Library
14,669,920 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Office firm adds two more locations to Manhattan lineup.


OfficeLinks, provider of short-term office solutions, has added two more locations to its Manhattan lineup and has expanded in a third.

OfficeLinks will now occupy 27,815 s/f at 40 Wall Street (the 28th and 29th floors) and 20,854 s/ f on the 23rd floor of 1440 Broadway. In addition, OfficeLinks took on 11,000 s/f at an existing location, doubling its presence at 33 West 19th Street.

Newmark Knight Frank's associate director Sean Black and senior managing director James Saunders James Saunders may refer to:
  • James Saunders (cricketer) (1802-1832), English cricketer
  • James Saunders (playwright) (1925-2004), English playwright
 represented OfficeLinks on the three long-term lease transactions, and continue to seek out additional locations, locally and nationally.

"The Manhattan office market is accelerating rapidly and rents are forecast to rise, which makes OfficeLinks' business model all the more attractive," said Black. "OfficeLinks serves as an incubator for new, growing businesses, and they're bullish on all three of the submarkets they've entered."

Black notes that 40 Wall Street will likely attract financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 companies or businesses that support that industry. The Broadway location, convenient to Times Square, Bryant Park Bryant Park is a 9.603 acre (39,000 m²) public park located in the New York City borough of Manhattan. It is bounded by Fifth Avenue, Sixth Avenue, 40th Street and 42nd Street in Midtown Manhattan.[1] The central building of the New York Public Library is in the park.  and the Garment District The Garment District is a store in Cambridge, MA and is well known for its Dollar-A-Pound clothing store. The Garment District started out as an offshoot of Harbor Textiles, a textile company which produced wiping cloths for industry that began in the late 1940s. , will appeal mainly to professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products.  firms. Both are Class A office buildings.

"The 19th Street location is loft space," Black says, "and it's ideal for creative services Creative Services are a subsector of the creative industries, a part of the economy that creates wealth by offering creativity for hire to other businesses. Examples include:
  • Design and Production agencies
 such as advertising and public relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most , as well as smaller law firms This list of the world's largest law firms by revenue is taken from The Lawyer and The American Lawyer and is ordered by 2006 revenue:[1]
  1. Clifford Chance, £1,030.2m – International law firm (headquartered in the UK);
  2. Linklaters, £935.
 and hedge funds. In each case, OfficeLinks' tenants will bring a diversity of industries into the neighborhood, which will strengthen each submarket."

"OfficeLinks is a growing, dynamic company, started three years ago," reports a spokesperson for OfficeLinks. "We provide our customers with state-of-the-art telecommunications services and equipment, and a full range of other amenities such as a common reception area, conference rooms and mail distribution. Our continued growth is being supported by a strategic real estate plan that will permit us to best our competition, capture market share and provide enhanced services to a diverse group of clients under a very attractive pricing structure.

"Many of our competitors see their operations as a real estate business. We look at ours as a hospitality/service business. Typically our clients will rent space on a quarterly basis, with an average stay of seven of eight months. During that time they'll often pick up business from our other clients. Part of our strategy is to create a community where new operations can find permanent solutions and grow their clientele."

George Ross, executive vice president of the Trump Organization, represented that firm at 40 Wall Street, while Monday Properties, owner of 1440 Broadway, was represented by vice president Craig Panzirer. Newmark Knight Frank represented both sides of the deal at 33 W. 19th Street with owner PanAsia Estate, Inc.
COPYRIGHT 2006 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:OfficeLinks
Publication:Real Estate Weekly
Geographic Code:1USA
Date:Sep 27, 2006
Words:442
Previous Article:Bar Building commercial condo puchased.
Next Article:Media firm splashes cash for Equinox sublease.
Topics:



Related Articles
Teltone offers ReVo. (New Products).
Teltone provides real-time call monitoring. (New Products).(ships OfficeLink Observe )
Teltone releases Notify.(New Products)
Reaping rewards of a strategic move.
Computer giant commits to long term lease at 3WFC.(Three World Financial Center.)
Money men kick off year with 100,000 s/f in deals.
Paramount announces 137,000 s/f Financial Sq. deal.(Paramount Group Inc. and TD Waterhouse Group Inc.'s contract)(Brief Article)
Paramount announces 137,000 s/f TD Waterhouse lease.(Paramount Group Inc.)(TD Waterhouse Group Inc.)(Brief Article)
Kalmon Dolgin buys Queens' $61m Falchi Building.
Hersh courting tenants for 1m s/f Jersey tower.

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles