San Francisco and New York City – arguably two of the most sought after cities to live and work in. For companies that may be expanding into new markets, it’s important to distinguish between different environments and their impact on business. What are the advantages and disadvantages of working in a particular area? Businesses need to do their research and take monthly rent, office space amenities, and the surrounding area into consideration when choosing where to conduct business.
Here, we’ll list a few advantages of working in New York City, as well as showcase some fantastic office space options in the area. We’ll feature San Francisco in an upcoming blog post, so don’t miss it!
Besides the iconic landmarks, endless list of things to do, diversity of population, and headquarters of numerous Fortune 500 companies, venture capitalist associate, Andy Manoske, lays out a few specific advantages of working in New York City:
1. Direct access to the ad agencies and brands located on Madison Avenue
2. Larger labor market for employees with luxury retail experience and supply chain management.
3. Less competitive recruiting environment within the tech industry and lower cost per engineer as compared to recruiting efforts in San Francisco.
4. Proximity to Wall Street makes it easier to recruit candidates with high financial experience, as well as make connections with large banks.
Great spaces in New York City:
Grand Central – Few office locations are as iconic as 200 Park Avenue, the Grand Central business center. The building, more commonly known as The MetLife Building, is one of the most recognizable landmarks in New York City. The 58-story, octagonal structure is situated between East 43rd and East 45th Streets in Midtown Manhattan, and offers outstanding views of Park Avenue and Lower Manhattan. Numerous hotels, retail stores, and restaurants are nearby this executive suite space. Coworking space, WorkReady suites, and team project rooms are available at this location.
Fifth Avenue – Situated on the Southeast corner of Central Park, the 745 Fifth Avenue business center combines a classical New York Art Deco building with a state-of-the-art office space. In addition to overlooking East 58th Streetand boasting panoramic views of Central Park, the 5th floor center has 68 offices, two conference rooms, coworking space, and one training room. And with an address like this, you’re never too far from some ofNew York City’s finest establishments. This executive suite space is within walking distance to the Central Park Zoo, Museum Mile, numerous retail specialty shops, restaurants and hotels.
Chelsea – The Chelsea business center provides office space located in the heart of Manhatten on West 23rd Street. This executive suite space is within walking distance to restaurants, shopping, and hotels.
Flatiron – The Flatiron business center is located in the heart of Manhatten at 1115 Broadway. This executive suite space is within walking distance to restaurants, shopping, and hotels.
Lexington Avenue – The Lexington Avenue business center features world-class furnished office space, meeting space, and virtual offices in the prestigious Midtown East business district of Manhattan at 54th Street. It is surrounded by many corporate headquarters and landmarks such as Citigroup Center, Lipstick Building, and Sutton Place. The center features a modern, oversized ceiling lobby with building security, messenger center, nearby parking, and on-site Fedex office and is surrounded by restaurants, shops, and hotels.
825 Third Avenue – The Third Avenue business center at 50th Street features elegant furnished office space, meeting space, and virtual offices in the prestigious Midtown East business district of Manhattan at 50th Street. It is steps away from the United Nations, as well as world renowned restaurants, parking, cafes, and hotels.
Third Avenue at 47th – The Third Avenue at 47th Street business center features elegant furnished office space, meeting space, and virtual offices in the prestigious Midtown East business district of Manhattan at 47th Street. The center features views of the Manhattan skyline and East River and has an on-site Starbucks, bank branch, deli, and newspaper stand.
275 Madison Avenue – The 275 Madison Avenue business center at 40th Street features elegant furnished office space, meeting space, and virtual offices in the perfect location to broadcast your company’s message to the world. Times Square, Grand Central Terminal, and Bryant Park are all close by and Grand Central and the Port Authority are within walking distance. Â The center features an impressive, secured lobby and an on site deli and bank branch.
1180 Avenue of the Americas – The 1180 Avenue of the Americas business center at 46th Street features elegant furnished office space, meeting space, and virtual offices with a prominent business address with fantastic amenities including a modern, secured lobby, imposing on the avenue entrance, and high speed elevators. It is easily accessible from all major transportation hubs including Penn Station, Port Authority, and Grand Central, and has convenient access to 47th-50th Street Rockefeller Center (B, D, F, M) and 49th Street (N, Q, R) subway stations. Office suites on the 8th floor are flooded with natural light and impressive Manhattan views. The executive suite space is surrounded by restaurants, shops, banks, and hotels.
1001 Avenue of the Americas – The 1001 Avenue of the Americas business center at 37th Street is located near Midtown’s Fashion and Garment district – one of the premier business districts of New York. This location offers excellent access to the transportation at Penn Station via the LIRR, NJ transit and Amtrak railroads, and Port Authority Bus Terminal. Times Square, Herald Square, and Bryant Park are all close by this executive suite space.
2 Park Avenue – The 2 Park Avenue business center at 32nd Street features elegant furnished office space, meeting space, and virtual offices in a 29 story Art Deco skyscraper that encompasses the Murray Hill and Midtown South districts. Office suites are filled with natural lighting and panoramic views of Midtown South-Manhattan. Windowed coworking space is available for up to 40 people, and multiple lounges are available. This executive suite space is easily accessible from major transportation hubs including Penn and Path Station, and Grand Central.
22 Cortlandt Street – The 22 Cortlandt Street business center at Church Street and Broadway features elegant furnished office space, meeting space, and virtual offices in The Financial District. Anchored by the new World Trade Center, World Financial Center, New York Stock Exchange, Wall Street, City Hall, and the Brooklyn Bridge, the Financial District is one of the world’s biggest centers of commerce. This executive suite space features excellent access to the New York city subway and PATH lines with major stations at Fulton Street, Wall Street, and World Trade Center.
Preferred Office Network can aid in your search for office space. With our network of 350+ business centers in North America, we can help you and your business locate and negotiate the best rates in the best cities. Contact us today! 855-4-NOTERM or info@preferredofficenetwork.com.