SL Green's eMerge service expands.

eEMERGE has announced the 25,000 SF expansion of its New York flagship location. eEmerge offers corporate, expanding and start-up businesses a combination of technology and support, quality designs and finishes, value-added partnerships and professional facilities management. The New York facility provides turn-key, private office suites that accommodate companies of one to 150 employees. Located one block from Penn Station, eEmerge is ideal for corporations in need of flexible workspaces, companies opening satellite offices, or start-up businesses with high-growth expectations.

"eEmerge breaks the mold of the traditional office suite alternative, offering an unmatched environment for modern businesses to grow and succeed," said Stephen L. Green, chairman and CEO of SL Green Realty Corp. "The market's response to eEmerge - which has been near 100% occupancy since we unveiled the first floor in June - spurred us to double the size of our pilot facility and offer even greater flexibility for our tenants in terms of suite size and growth opportunities."

"Too many companies rush to make long-term commitments to space when their requirements are better and more cost-effectively met by flexible workspace," said Andrew Mathias, eEmerge's President. "At a time when five-year commitments are the minimum for most direct office leasing transactions, eEmerge offers a flexible solution for companies that require short-term space, offices for expanding branch locations, or new businesses that can't plan five-years out. Best of all, this occupancy solution is completed with the best technology and most attractive, energizing design."

"Employee retention and satisfaction is of paramount importance for most companies, and eEmerge's space is a terrific benefit," said Kevin Kim, the company's Director of Business Development.

"The new floor is especially compelling, since the 34 suites can be combined to create a wide array of flexible layouts, and accommodate all types of growth."

SL Green Realty is a self-administered and self-managed real estate investment trust (REIT) that acquires, owns and manages a Class B Manhattan office portfolio.

The company is the only publicly held REIT that exclusively specializes in this niche.