Select Office Suites Re-Ups, Expands in Midtown

NEW YORK CITY-One of the city's leading office space providers Select Office Suites, Inc. is now expanding their Midtown South office space as well. The company signed a 15-year, 58,651-square-foot renewal and expansion at 1115 Broadway

New York, NY (prHWY.com) August 12, 2011 - NEW YORK CITY-One of the city's leading office space providers Select Office Suites, Inc. is now expanding their Midtown South office space as well. The company signed a 15-year, 58,651-square-foot renewal and expansion at 1115 Broadway, says Adams & Co. Real Estate LLC, who brokered the sale.

Located within the Flatiron District, the company offers traditional and furnished office space, virtual office plans and co-working communities for start-up businesses as well as long-term renters. With the new lease in place, the company's space has nearly doubled in size, going from approximately 28,000 square feet to almost 60,000 square feet, says Ray Lindenberg, manager of sales and branding for Select Office Suites. "Business is booming," Lindenberg tells GlobeSt.com. "It booms during good economic times, and during difficult ones, a lot of people come to us who are looking to start up a business."

Once the lease was about to expire, Lindenberg says the company considered moving to a different building, but they ultimately decided to stay in Flatiron. The 12-story, 273,000-square-foot building has 24/7 access and is located right off Madison Square Park. "We looked at a number of spaces, but we have such an outstanding relationship with the landlord that it made business sense to continue here," he says.

James Buslik, Jeffrey Buslik and Nicholas Zagar of Adams & Co. represented the tenant and the landlord, Eleven Fifteen Associates, in the transaction.

"Select Office Suites has been a long-standing tenant at 1115 Broadway and we are glad to see them not only staying, but growing substantially," says James Buslik, principal of Adams & Co, in a statement. "We look forward to the company's continued success."

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Tag Words: virtual office nyc, office space nyc, office space new york, manhattan office space, new york office space, office space manhattan

Categories: Business

Press Release Contact
Dominick Olivo, Sales Manager
Address : 1115 Broadway, 12th Fl
New York, NY, USA
Phone : 212-710-2600
E-Mail : Dominick@selectofficesuites.com

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