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Webcasting now the 'must have' amenity at 440 Ninth.


Webcasting, offered as a very 21st century amenity to tenants occupying flex space Flex space is a term used for lightly zoned buildings. It is mainly used when referring to industrial or office space. History
Flex space evolved from light industrial warehouses being converted to office space.
 at 440 Ninth Avenue, is enjoying tremendous popularity and is fast becoming a 'must have' perk perk 1  
v. perked, perk·ing, perks

v.intr.
1. To stick up or jut out: dogs' ears that perk.

2. To carry oneself in a lively and jaunty manner.
 among the kinds of tenants the 66,000 s/f facility attracts.

Eemerge, the wholly-owned SL Green subsidiary which operates a portion of 440 Ninth devoted to offering flexible, short-term office space to companies looking for Looking for

In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with.
 ready-to-use, technologically equipped premises, installed the webcasting capability ten months ago and now many tenants feel it is 'de rigueur.'

Webcasting is the name for broadcasting live or delayed audio and/or video transmissions, much like traditional television and radio broadcasts, over the Internet. For example, companies may webcast a press conference in lieu of, or in addition to, a conference call. But users need the appropriate multimedia application in order to view a webcast.

eemerge's 440 Ninth Avenue is suitably fitted out with three state-of-the-art fully loaded conference rooms equipped for webcasting as well as with TVs, VCRs, DVD players A stand-alone device that plays DVDs. It contains a DVD drive and the electronics to decode the digital video. The device may play only manufactured DVDs, or it may be able to play DVD-R, DVD-RW and DVD+RW discs. DVD players are cabled to a TV or home theater system for display. , LCD projectors See LCD TV, data projector and LCD panel. , Internet connectivity, teleconferencing and video conferencing See videoconferencing.

(communications) video conferencing - A discussion between two or more groups of people who are in different places but can see and hear each other using electronic communications.
. "We are the only short-term office facility in the City to provide webcasting capability, and at a fraction of the cost that most hotels charge," said Melissa Libner, senior managing director of eemerge.

"It is an amenity that distinguishes us among our competitors--hotels and others in the corporate suite marketplace. The service can be arranged for non-tenants of 440 Ninth as well. Webcasting, like the Internet, is growing in popularity because as a virtual communication tool, it far less expensive and often much more practical logistically than holding live conferences, seminars, or meetings in several different cities or countries simultaneously.

Many tenants taking flex space at 440 Ninth Avenue are in the reality TV and entertainment businesses, industries which are natural users of the latest high-tech video and broadcasting equipment.

However, eemerge is in the throes throe  
n.
1. A severe pang or spasm of pain, as in childbirth. See Synonyms at pain.

2. throes A condition of agonizing struggle or trouble: a country in the throes of economic collapse.
 of building out another flex space facility within SL Green's building at 28 W. 44th Street. Although the new space, set to open by 2006, will target corporate users, it will also offer webcasting and other high-tech amenities.
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Article Details
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Publication:Real Estate Weekly
Geographic Code:1USA
Date:Jun 8, 2005
Words:348
Previous Article:"Making or Breaking the Deal in Office Build-outs" was discussed by an expert panel at the recent B'nai B'rith Real Estate Unit monthly luncheon...
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