News
UPTOWN, DOWNTOWN
January 4, 2010
| Edison Properties, owner of Workspace Office & Studio’s 5030 Broadway, is extending the sixth floor to bring in over 40 more units to its popular office concept in Northern Manhattan. There had been only three spots left—two with paper trading. |
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| How’s that for a sunset? We found this rooftop view when we met the firm’s Lenny Lazzarino and Jason Miller to check out the 150 to 1k-SF offices. Inwood didn’t have a defined office market, so Edison initially turned two floors of the property, mostly Manhattan Mini-Storage, into office space to attract a variety of neighborhood tenants. Where else can you find an opera singer, state senator, gastroenterologist, and real estate company on the same floor? The new floor will be 50% mini-storage, and Workspace’s area will include a conference room, sit-down kitchen, and other tenant amenities. |
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| This office is occupied by 1MonthFeeNY.com. Edison is also marketing the full 18k-SF 9th floor, ideally for rehearsal space with its 21 foot-high ceilings. And there’s over 50k SF of retail space on the bottom floor, which might attract a medical tenant (separate entrances can be built out for the horseshoe-shaped floorplate), or perhaps a pharmacy or coffee shop. If you don’t want to trek to the end of the A line—most tenants are from the neighborhood—you can also check out Edison’s similar concepts at 131 Varick and 55 Vandam, which they report are also doing well. |
