Top 10 Real Estate Events to Attend in NYC 2017

Top 10 Real Estate Events to Attend in NYC 2017

Top 10 Real Estate Events to Attend in NYC 2017

New York City and real estate are practically synonymous, and this is THE place to be if you work in the industry. It’s an exciting time to be a real estate professional because technological developments and new sustainability demands are changing the way buildings are bought and sold. That’s why it’s more important than ever to stay up-to-date on industry trends and network with other professionals to serve your clients in the best way possible.

In this article, we’ll highlight the top 10 real estate events taking place in NYC this year, including details of each conference and the keynote speakers.

CAPRE

The Sixth Annual Greater New York Healthcare Real Estate Summit – January 31, 2017

This conference is coming up quickly, so don’t delay registering to secure your spot. The Greater New York Healthcare Real Estate Summit is an opportunity to meet with developers, innovators, and tenants in the Tri-State Area and nationally and discuss the present and future of healthcare real estate. It takes place on January 31 at the Yale Club of New York and is a full-day conference that includes breakfast, lunch, and networking opportunities.

There will be 40 speakers and eight hours of informational panels and networking, making this the most comprehensive healthcare real estate event of the year. One featured speaker will be Nancy Johnson, who is a transportation professional who has made improvements for airports, marine ports, rail transit systems, tunnels, bridges, and more. She is also an expert in emergency response. Joe Bolano has over 31 years of experience in capital projects and facility management and has been specializing in the latest buildings innovations for healthcare delivery. With the aging U.S. population and the uncertainty of healthcare in America today, this is an important commercial real estate market worth learning more about. It is expected that around 35 percent of attendees will be investors, owners, and developers, 20 percent will be architects and engineers, and 20 percent will be tenants/end-users and their consultants.

City of Tomorrow

City of Tomorrow: Real Estate, Architecture & Design Summit – February 3-4, 2017

Another conference happening soon is the City of Tomorrow: Real Estate, Architecture & Design Summit on February 3-4, which is organized by 92nd Street Y. Along with Hundred Stories, this organization is hosting a two-day conference for developers, interior designers, and architects to gather together and explore new trends and ideas for the NYC landscape. It’s taking place at 1395 Lexington Avenue in New York City and is considerably more affordable than many of the other conferences on this list.

Conference sessions begin at 4pm on February 3rd and then continue on for full days on the 4th and 5th. Topics addressed include creating new and authentic neighborhoods, reimagining NYC landmarks, feng shui, wellness, sustainability, suburban markets, and much more. Dozens of speakers will be sharing their expertise and experiences in these sessions including Jeffrey Beers (founder and CEO of Jeffrey Beers International), Spencer Bailey (editorial director for Surface Media and editor in chief of Surface magazine), and Robert Vecsler (president of residential development at Silverstein Properties, Inc.).

Brooklyn Real Estate Luncheon

Brooklyn Real Estate Roundtable – February 7, 2017

This year’s Brooklyn Real Estate Roundtable is organized by the Brooklyn Historical Society and taking place on February 7. These are quarterly events that bring industry professionals together for networking opportunities and to learn about news in the borough. The February 7th event will look at the Red Hook neighborhood and feature a Q&A session with the founder of the Red Hook Initiative, Jill Eisenhard. She helped develop a model for social change and youth development, and the organization employs over 125 local residents today.

Other expert speakers will be Chris Ward, chief executive at AECOM Metro New York, and developer Marshall Sohne. Ward will discuss the potential development of Red Hook and Sunset Park, and Sohne will talk about his experience with developing passing housing structures that reduce the carbon footprint of buildings in the neighborhood. The location of this event is 128 Pierrepont Street, and the roundtable session runs from noon to 2pm. Real estate professionals working in Brooklyn can purchase an individual ticket for the event or for the 2017 series of four events.

Sustainable Real Estate

6th Annual Conference on Sustainable Real Estate – February 23, 2017

Sustainability is the name of the game in so many industries today, including residential and commercial real estate. The NYU School of Professional Studies is hosting the 6th Annual Conference on Sustainable Real Estate called Sustainability at a Crossroads. It’ll be at the NYU Kimmel Center at 60 Washington Square South in NYC on February 23 from 8:45am to 4:45pm. This conference will focus on the political context of sustainability in the new presidential administration and bring industry leaders together to discuss challenges and solutions for sustainability in this new era.

Sam Chandan, PhD FRICS, the Larry & Klara Silverstein chair in real estate development and investment and Associate Dean of the NYU School of Professional Studies Schack Institute of Real Estate will offer the welcome and introduction along with Stuart Brodsky. Brodsky is the clinical assistant professor and director of the Center for the Sustainable Built Environment. Check the event website to learn who the keynote address will be delivered by in the near future. Panels will cover topics like the industry’s sustainability resilience, innovations in environmental and social governance, and navigating industry programs. Networking and coffee breaks will be scheduled throughout the day.

Pension Real Estate Association 2017

Pension Real Estate Association 2017 Spring Conference – February 23-24, 2017

The PREA Spring Conference will take place at the Waldorf Astoria in New York on February 23-24. The theme of this conference is “Investment Implications of Political Change,” and most of the event takes place on the first day. These are the topics of the day one sessions: The Political Landscape — The New Administration, The New Administration and Real Estate, Risk On or Risk Off? Two Leading Economists Share Their Views, Global Capital Flows and the Investment Landscape, Allocations in Today’s Market, and New York City Development.

Financial writer Michael Lewis will be the keynote dinner speaker who will talk about his new book, The Undoing Project. The book is about the collaborative relationship between two psychologists that led to a Nobel Prize. Each session has its own speakers, who are leaders in their field, and moderators. On the 23rd, attendees can join breakfast, lunch, and a cocktail reception as well. On the 24th, attendees can listen to a program recap from the conference co-chairs and attend the seventh session with a closing breakfast. Conference co-chairs are Susan Meaney (managing director of Makena Capital Management), Ralph Rosenberg (member of Global Head of Real Estate, KKR & Co.), and Stuart Shiff (chief executive officer of DivcoWest). There will also be intimate workshops that are part of the Salon Series that touch on the real estate perspectives of snowbird culture and private school admissions.

DisruptCRE 2017

3rd Annual DisruptCRE NYC – March 30, 2017

Technology plays a role in pretty much any industry you can think of these days, and real estate is certainly no exception. The 3rd Annual DisruptCRE event is a national technology and commercial real estate conference taking place on March 30 in New York City’s “Silicon Alley.” The event location is 180 Maiden Lane on the 29th floor, and it runs from noon to 6pm on the 30th. Mariel Ebrahimi, the DisruptCRE CEO and conference host, shared, “This is not your typical conference; this is about a vision. DisruptCRE panelists will delve into current technological trends, map out future innovations and predict how they will reshape the real estate landscape for decades to come.”

Attendees will start their afternoon with registration and a networking lunch, and then they will listen to opening remarks and keynote speakers who are leaders in the industry. Check DisruptCRE’s website closer to the event date for updates on who the speakers, moderators, and panelists will be. There will also be panels on the topics of the state of CRE Tech from an executive’s point of view, building tech, and tech tools. A cocktail hour will be held after these sessions to help tech companies and real estate professionals connect with each other.

RealShare Net Lease Conference

15th RealShare Net Lease Conference – April 5-6, 2017

RealShare Net Lease is another New York event worth attending this year. This is a conference that is focused on new finance and investment trends, as well as national net lease market conditions. It will take place April 5-6 at the JW Marriott Essex House in NYC. Presented by GlobeSt.com, this conference aims to bring together the most experienced and influential real estate professionals in the net lease sector. It’s also an opportunity to gain insights about the market and prepare your real estate business for what’s ahead.

On April 5th, a cocktail reception will be held, and then the 6th is a full day for conference attendees. It begins with a networking breakfast, opening remarks, a keynote address, and a town hall meeting about the state of the industry. Panel topics include Capital Markets: The Impact of Global Economies in 2017, Build-to-Suit: A How-to Guide on Working with the Tenant & Developer, Potential Challenges Ahead for 1031 Exchanges, and Sales-Leasebacks: Still a Compelling Strategy for Corporate Tenants and Net Lease Investors. A list of past attendees can be viewed on the event website, and check back on the site for information on keynote and other expert speakers.

Navigating the REIT and Real Estate Cycles

21st Annual REIT Symposium: Navigating the REIT and Real Estate Cycles – April 6, 2017

For a comprehensive examination of the trends and developments in the REIT industry and researched predictions of where real estate values may be headed, don’t miss the 21st Annual REIT Symposium: Navigating the REIT and Real Estate Cycles event on April 6. It’s put on by the NYU School of Professional Studies Schack Institute of Real Estate and will take place 2 East 61st Street in New York City.

This is an annual event, and last year’s keynote speaker was Sam Zell, the prolific real estate investor and chairman of Equity Group Investments. Check the NYC School of Professional Studies website closer to the event date to learn more about this year’s speakers. Typically, the event brings in leading CEOs, bankers, investors, and professional in the real estate and REIT industries. You can expect to learn about trends in REIT buyouts, consolidation, REIT spin-offs, expansions, and the impacts of activists.

Non-Traded REIT & Retail Alternative Investment Symposium

14th Annual New York Non-Traded REIT & Retail Alternative Investment Symposium – June 12-13, 2017

On June 12-13, consider attending the Non-Traded REIT & Retail Alternative Investment Symposium at New York Hilton Midtown at 1335 Avenue of the Americas in New York City. This event is widely attended by broker dealers, financial advisory firms, financial planners, and non-traded REITs. But many real estate professionals attend this conference as well to gain insights about this industry. Past attendees have included Resource Real Estate, Inc., Duff & Phelps Real Estate Advisory Group, First Capital Real Estate Investments, and others.

This is an important conference to attend because of the new Department of Labor Fiduciary Rule that goes into effect in April and the continuing need to adapt to the FINRA pricing rules for illiquid investments. Industry leaders will meet at this conference to discuss these and other crucial issues. The event is organized by IMN, which is a global organizer of institutional finance & investment conferences. Check back on IMN’s website closer to the conference date to learn more about the agenda and speakers. If you stay at the event’s vibrant Midtown Manhattan hotel, you’ll be surrounded by top NYC attractions like Rockefeller Center and Times Square.

SIBOR Global Real Estate Summit

SIBOR Global Real Estate Summit – September 14, 2017

Another one of the most important real estate events for the year that is taking place in New York City is the SIBOR Global Real Estate Summit. Since this event is still a few months away, more details about it will be coming soon. However, we have heard that it will take place on September 14 and build off of the success of the 2016 event. Brokers, investors, owners, legal experts, technology experts, financiers typically attend this conference to learn about the biggest issues impacting the global real estate market today.

Last year’s opening speaker was Barry Hersh of the NYU School of Professional Studies Schack Institute of Real Estate. Key issues discussed in 2016 were financial issues in global transactions, learning the differences between foreign and domestic markets, being prepared for millennial buyers, and opportunities in the Staten Island market. Check this event’s website again in the summer to learn more about this year’s agenda and speakers. The venue is set to be the Dyker Beach Golf Course in Brooklyn.

Temporary Office Space Solutions in NYC

At NYC Office Suites, we understand how important it is to stay connected with your team when you travel for conferences. That’s why we offer fully equipped and staffed temporary office facilities for conference-goers all throughout the year. With temporary office space in vibrant Midtown Manhattan, we can set you up with advanced telecommunications services, high-speed internet connections, professional reception areas, and concierge services.

Once you decide which NYC conferences you’ll be attending this year, contact us at 800-346-3968 to learn more about booking your flexible office space in one of our four prime Midtown Manhattan locations.

Top 10 Real Estate Events to Attend 2016

Real Estate Events in NYC 2016

If you work in real estate, either commercial or residential, you know this industry is all about being connected to the right people and keeping up with the latest trends. Lots of real estate conferences and events take place in New York City every year and are worth attending to say competitive.

Here are ten real estate events to check out right here in the city in 2016!

WORKTECH16 NEW YORK – May 26-27, 2016

Workplace New York 2016Real estate and technology professionals will come together at the Convene Conference Center to feature 250 senior industry professionals to share their expertise. This is a great event to attend for anyone interested in the future of work and the future workplace.

US Real Estate Opportunity & Private Fund Investing Forum – June 13-14, 2016

IMN

 

 

 

 

 

 

 

This IMN conference celebrates its 17th year in 2016 and is a great one to attend for asset managers, developers, funds, LPs, service providers, and special servicers to discuss the latest trends and developments. Last year’s conference featured over 800 registrants, a keynote address from Dean S. Adler of Lubert-Adler Partners, L.P., and an industry-leading speaker faculty with over 90 LPs and GPs.

Emergency Response for NYC Residential Buildings – June 15, 2015Argo Real Estate
Not every real estate event is about networking and growing your business; some events are about protecting the people who use your building and ensuring their safety. Held at The New York School for Social Research, Argo Real Estate will be hosting this event about important topics that we should all be prepared for. The president of Realty Advisory Board On Labor Relations will be here to discuss potential threats and how NYC buildings can prepare for them.

4th Annual NYC Workplace of the Future Event – June 21, 2016

4th Annual NYC Workplace of the Future

As any commercial real estate professional will tell you, the modern workplace is changing at a rapid pace. Check out this event to learn about new design trends, the real estate needs of startups, and the impact on office leasing. MaryAnne Gilmartin, president and CEO of Forest City Ratner, is scheduled to be the keynote speaker alongside an all-star list of panelists.

Queens Real Estate Expo – June 21, 2016

QCCREE Real Estate Expo 2016

Another real estate event in New York on June 21 is the Queens Real Estate Expo at Terrace on the Park. Come to this event to hear the biggest names in real estate talk about the explosive growth happening in Queens right now and connect with local companies exhibiting their products and services. All areas of commercial and residential real estate will be discussed, including topics of energy, transportation, and technology.

NYC Real Estate Expo – September 29, 2016
NYC Network Group

 

 

 

 

 

 

This event comes to NYC for the eighth year at the New York Hilton Midtown to bring together commercial and residential real estate professionals for a day of panel discussions and networking. There will be over 4,500 industry leaders in attendance, as well as 150+ exhibitor booths and high-level presenters to get you up-to-speed on New York City’s real estate market.

2016 CREW Network Convention & Marketplace – October 19-22, 2016

Crew Network

 

 

 

 

 

 

 

This New York Hilton Midtown conference provides commercial real estate professionals with an opportunity to attend educational lessons, leadership training sessions, and speaker series over three days. It’s one of the best business development conventions in the city all year.

2nd Annual Tri-State Institutional Real Estate Investor Forum – October 26, 2016
Markets Group

Unlike many other real estate-related events in NYC, this one is just for investors. It takes place at the Harmonie Club and features educational panels and collaborations with senior investment officers at leading regional pension funds, foundations, and investment consultants.

PERE Summit New York – November 15-16, 2016

PERE Summit New York 2016

 

 

 

 

 

 

Also at the Convene Conference Center in New York, this is a leading private equity real estate conference that is coming back to the city for the 11th year. This is an ideal place to discuss the future of private real estate with the biggest GPs and LPs, with lots of networking events and opportunities for winning deals and investments.

New York National Deal Making – December 5-6, 2016

ICSC National Deal Making NY

Real estate is all about making and closing deals, and this convention is aimed at facilitating new deals among owners, developers, retailers, brokers, lenders, municipalities, property asset managers, and product and service providers. It takes place at the Jacob K. Javits Convention Center, and you can follow @ICSC on Twitter to keep up with the latest news and event updates.

Preparing for a CRE Conference in NYC

Some real estate professionals attend conferences on a regular basis, while others only every few years or so. If it’s been awhile since you’ve gotten into “conference mode,” it’s a smart idea to understand how your particular conference will be organized so you don’t miss out on important opportunities.

Here are a few tips for preparing for your next real estate conferences in NYC.

  • Choose a few sessions and workshops you want to attend before arriving
  • Sign up for event email alerts to receive notifications about important updates
  • Plan to attend as many networking events as possible to connect with industry pros
  • Dress to impress!
  • Take lots of notes and consider blogging or posting on social media to share your experience
  • Schedule in some downtime to explore the city and avoid conference burnout

Temporary Office Space Solutions

Just because you’re attending a conference doesn’t mean that your daily workload comes to a halt. Many busy real estate professionals need to keep up with their work even on conference days, which is why temporary office spaces in NYC are so popular.

NYC Office Suites offers furnished, equipped, and staffed ready-to-use Manhattan offices in Midtown New York with a variety of office configurations available. Contact us before your conference to chat about our rates, membership benefits, and flexible contracts.

Real Estate Events Worth Traveling For

In New York City, we like to think of ourselves as the center of the universe, and in many ways we are! However, there are so many conferences and events in the real estate industry all around the world if you’re willing to hop on a plane to check them out.

These are a few of the exciting real estate events worth traveling for this year.

Commercial Subleasing: Pros, Cons & Misconceptions

commercial subleasing pros and cons

A signed agreement between tenants that governs the occupancy of a commercial space is known as a commercial sublease. Unlike a traditional lease arrangement, a commercial sublease creates an obligation between the original renter and a new tenant looking to occupy that space. Meanwhile, the original renter’s contact with the property owner remains valid.

This is a popular option for renters who need to vacate a property before the lease term has ended, as well as renters who determine that they don’t need or can’t afford the full space they originally moved into. If you’re looking to sublease office space, it’s important to understand the common misconceptions about this arrangement, as well as subleasing’s pros and cons and the key components of a sublease agreement.

Misconceptions about Commercial Subleasing

One common misconception about signing a commercial sublease is that the terms of the original lease agreement no longer matter. However, it’s important carefully review the sublease and the sublessor’s original lease. Never make a deal with a sublessor who won’t show you the original lease. Those looking to sublease a new space should also ask to see a copy of the sublessor’s audited financial statements.

Another misconception is that the landlord doesn’t need to be involved in a sublease transaction. Although this may be the case in some instances, other commercial leases require the original tenant to get the landlord’s approval before moving forward with a sublease arrangement. Not every lease allows subletting.

Pros of Commercial Subleasing

Commercial subleasing is an attractive option for many tenants because of relocation needs, extra space, and budgetary restraints. These are some of the pros of commercial subleasing to consider.

  • Easier to quality for than a traditional lease
  • More affordable for businesses on tight budgets
  • Allows businesses to start with a small space and expand as the business grows
  • Often able to utilize onsite administrative support in shared spaces
  • No need to worry about upgrades and build-outs
  • Costs often include amenities like Wi-Fi and alarm systems
  • Increased opportunities for networking with other onsite businesses

Cons of Commercial Subleasing

However, there are some downsides to this type of arrangement that tenants should be aware of before signing a new agreement. These are some of the cons of commercial subleasing to keep in mind before making a decision.

  • Risk of inheriting unfavorable lease terms, such as hidden fees
  • Subleases can be affected if a sublessor defaults
  • Having to go through the sublessor for maintenance and repairs
  • Can be more difficult to project a “small business” vibe for visiting clients

Key Components of a Sublease Agreement

To get a sense of what is involved in a commercial sublease, take a look at the examples on Rocket Lawyer and Law Depot. It’s always a good idea to have a trusted lawyer review sublease documents before signing. These are the sections typically included in this type of document:

  • Parties
  • Original lease information
  • Terms of sublease
  • Rent
  • Security deposit
  • Notices from landlord
  • Subletting and assignment
  • Insurance
  • Condition of premises
  • Governing law
  • Severability

To learn more about commercial subleasing configurations in New York City, contact NYC Office Suites today at 1-800-346-3968 or via online contact form and get one step closer to finding your ideal space!

Rental Office Interior Decorating

Choosing a flexible shared office space over a permanent location does not mean having a boring, rigid, impractical setting.  Truly flexible space, whether it is physical space or NYC virtual office space, will be flexible in many regards – including the ones that help you feel comfortable in your surroundings.  From the shared office space reception area to your very own office suite, NYCOS knows the value of appearances. When decorating your office space, we want you to maximize your ability to positively impact your clients.  Here are some of the ways NYCOS office interior decorating can benefit you and exceed other shared office spaces.

Reception Area Decoration

Office interior decorating starts outside of your office, close to the elevators and high service areas like the kitchen and restrooms, where the reception areas will give a warm yet professional welcome through multi-source lighting, comfortable seating, and a staffed, high reception desk.  The reception area, floored with a coffee-toned carpet tile and decorated with tasteful, neutral art,  will also have coffee tables and magazine racks adjacent to the seating.

Most importantly, NYCOS spaces avoid strong branding while decorating your office space to make sure you and your clients feel comfortable in your own office.  The benefits of tasteful reception area decoration can apply to virtual offices as well: having guests filter through a pleasant reception area or NYC lounge space for rent for an important Manhattan meeting will leave a good impression.

Decorating Your Office Space

Inside your office, NYCOS provides flexible furniture for easy office interior decorating and configuration, so whether you’re a lawyer or trader who needs more desk space, or a salesman who can do with less, there will be an arrangement that best suits your needs. All desks come with a mobile ped file that easily stays out of sight and additional desks may be requested.  NYCOS also offers round tables, which may be more versatile for additional employees, Midtown NYC meetings, or office equipment.

In most cases, bringing your own furniture is also a viable option for decorating your office space.  NYCOS encourages enhancing the ambiance of your office with the employment of various light sources and statement art. For clients such as photographers wishing to display their work to potential clients, this can be a great opportunity to both decorate your place of work and have your work readily visible.

Decorating your office space can be the key to creating a productive work environment and a good impression for your clients.  With the flexibility NYCOS offers for your own office interior decorating and the tasteful, professional look of our reception areas, a pleasant experience is ensured for you and your clients.

To find out more about our customizable office suite and virtual office options, give us a call at 1-800-346-3698 or contact us online.

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Securing Manhattan Executive Office Space

Gaining and maintaining a presence in New York City is an aspiration for many business owners. The prestige that comes along with an address in New York City is substantial, but the value of an office space in America’s economic capital goes beyond just appearances. From a geographical standpoint, Manhattan executive office space puts you in an optimal location to hire from a highly talented and qualified group of job seekers, as well as develop business relationships with some of the nation’s most promising companies.

Whether you’re an entrepreneur starting a new venture or an established company looking to grow your business, executive office space in NYC can provide the support you need to thrive.

What an Executive Office Suite Can Do for You

Conveniently, Manhattan executive office spaces are often available fully furnished and ready for use. Furnishings can include an executive-style desk and chair, storage cabinets, lighting and a small table for group meetings. Executive office space providers in NYC may also offer access to nearby conference rooms within the building where your executive office suite is located. This allows you to work in a space that provides economy for day-to-day operations, but also flexibility when you’re hosting meetings with clients or satellite employees.

executive office space nyc

Executive Office Space in NYC Doesn’t Have to Involve Sacrifices

Amenities available in your Manhattan executive office space often include all of the considerations that you might naturally expect in a larger office environment. This includes access to high-speed internet, a live receptionist to field phone calls and receive visitors, IT support, virtual assistant service and more. And although executive office suites are built for privacy and security, they’re nonetheless suitable for supporting multiple employees – this can be achieved through the use of several desks within your office, a divider, or an open-plan that maximizes the effective use of the space.

Our Offerings

At NYC Office Suites, we specialize in executive office space solutions that deliver the ultimate in professionalism, flexibility and convenience. With four class A Manhattan locations in Midtown, we provide ready-to-use office space in the heart of the action. You’re looking to expand or establish a presence in Manhattan. Our modern, secure office suites and virtual offices allow you a fiscally viable and geographically enviable path toward these goals. We invite you to tour our galleries to see the full range of Manhattan executive office space options that we offer. To talk with a representative about your specific office space needs, call us at 1-800-346-3968 or contact us online.

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Flexible Office Space for Rapid Prototyping & 3D Parts Companies

Accessible 3D printing technology continues to advance quickly.  The technology is disruptive in many ways to many industries.  How the disruption plays out exactly is not even possible to predict at this time.

What is the effect of inexpensive 3D CAD printing on commercial office space in New York City? Office space providers, including office for monthly rent businesses, may find themselves host to what are essentially incredibly flexible small-scale manufacturing concerns.  Thus, the line between “commercial office” and “industrial” real estate begins to blur.

3D parts and rapid prototyping businesses may find office business centers ideally suited to this minimally invasive form of robot production.  Serviced offices are:

  • Prebuilt
  • Equipped
  • Furnished
  • Staffed

Additionally, they permit the short-term rental of scalable chunks of office (or, production) space and have extensive mailing operations and reception desk service experience.  It is easy to imagine a 3D prototype printing company showcasing its products in one flexible office, meeting with buyers in shared meeting rooms, and producing the product itself for shipping or front desk pickup.

Benefits of Renting Office Space in NYC

What are the benefits for those who rent NYC office space?  Firstly, mass personalization opens up a whole new type of office rental customer, and may allow the operator to charge a premium rent for the hosting of these specialist machines.  Secondly, 3D printers don’t use the facilities, drink (or spill) coffee, speak loudly, or distract client service representatives.

Possible Challenges for NYC Office Spaces Hosting Rapid Prototyping Firms

What are the challenges for businesses that offer NYC office spaces for rent as they host mass customization firms?

  1. Firstly, since each 3D printer puts out as much heat as a desk lamp, and also may emit vapors depending on the filament used, offices that are used for 3D prototype production where there are up to 12 printers in a 120 square foot office may but a burden on HVAC systems.
  2. Secondly, since extension cords are not permitted in New York City, the commercial office space has to be equipped with many electrical circuits and outlets.
  3. Thirdly, a full “retail store” type operation will increase traffic to a level that will be disturbing to other clients.
  4. Fourthly, while machines are good workers, they are not very personable, and community is an increasing selling factor in the flexible office business.  Fifthly, whether such a personal fabrication business is even permitted may hinge on legal matters like the exact definition of “manufacturing” in underlying documents.

The effects of professional 3D printing technology on commercial office space for lease in NYC cannot be known fully.  Providers of flexible office space for rent will have to be nimble as they assess how to monetize the trend. For any questions regarding flexible office space for your business in NYC, contact us online or by calling 1-800-346-3968.

Flexible and Virtual Offices for Smaller Budgets

NYC Office Suites Announces the Expansion of its Product Line to Include a Revolutionary and Affordable Fractional Serviced Office Product, the Virtual Office

NYC Office Suites, a leader in New York City flexible office leasing, announced the expansion of its product line to include a revolutionary, convenient and extremely cost-effective fractional serviced office product, the virtual office.

The serviced office product, first conceived in the 1980s, obviated the need to negotiate long lease terms, purchase furnishings and equipment, and hire office staff.

Daniel J. Entwistle, President of NYC Office Suites, said, “since 1988, we’ve been providing flexible, ready-to-use, furnished office space allowing companies, teams, groups or individuals to establish themselves in a very short time without the headaches or costs associated with building out space and signing a traditional lease.  We have built our franchise, by providing decades of exceptional customer service, to include nearly 500 fully serviced private offices and team rooms at our three marquee addresses.”

NYC Office Suites operates business centers at three New York landmarks: the Graybar Building at 420 Lexington Avenue; the Commerce Building at 708 Third Avenue; and 1350 Avenue of the Americas.  Each office suite is equipped with leading edge business technology and other amenities needed to function in a fast-paced environment.

Mr. Entwistle continued, “having thrived in the business for so long, we know what an economic recovery looks like.  Unfortunately, all of the signals we see remain mixed.  Despite some signs of a recovery in the New York City commercial real estate market, times remain tough for our traditional customer base.  That is why we are proud to offer an affordable alternative to not only the risky traditional lease and sublease, but also to the flexible office arrangement.  That alternative is called the virtual office.”

The virtual office product is customized according to the client’s specific needs.  Under a typical arrangement, the client is provided a menu which includes many choices including:

  • A professional mailing address
  • Mail forwarding
  • Telephone line and voice mailbox
  • Personalized phone answering
  • Personalized call screening
  • Call patching and auto forwarding
  • Lobby listing
  • Day offices (per month)
  • Meeting rooms (per hour per month)

In its most basic form, a virtual office package is available for $1.50 per day.  Clients may rent a fully furnished office inclusive of phones and Internet access for as little as $45 per day. Such a monetary sum is minimal compared to the value of added credibility, and certainly compared to the commitment of a traditional lease.

“Thanks to advances in business technology and our innovative fractional offering, even small concerns will be able to afford a quality workspace for as little as $1.50 a day.  We can provide an extremely compelling value, even when arrayed against such options as one’s apartment and the local Starbucks!  We know that with the right platform, our platform, our new virtual office clients will grow effortlessly, and we’ll grow right along with them” added Mr. Entwistle.

Contact Details:
(800) 346-3968
Email: info@nycofficesuites.com
Website: http://virtualoffices.nycofficesuites.com/
Website: http://www.nycofficesuites.com/

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Newly-Public Chinese Firms Rent Flexible Office Space in NYC

Posted on November 15, 2010 by Jonathan Thistlewood

Chinese Firms Improve their Visibility with American Investors Using Serviced Offices

New York, New York, United States – Many Chinese companies are listing on stock exchanges in the United States. As a result, many are finding it difficult to attract and maintain the crucial interest of American institutional investors and equity research analysts. Indeed, a firm may find that its shares have low visibility and therefore low trading volume in this competitive market.

Many Chinese firms have taken steps to improve their visibility by placing dedicated investor relations or finance employees in New York City. To maximize the effectiveness of these professionals, many rent flexible offices at well-equipped serviced office locations such as those provided by NYC Office Suites.

Ivy Lindstrom Fredericks, President and CEO of Transnational Capital Corp. and an expert in emerging market equities, said “there is no doubt that many smaller emerging market companies have not had the impact that they expected to have on the American capital markets. These firms may benefit from having a dedicated investor relations professional, or the chief financial officer, on the ground in midtown New York City. Such a placement allows easy access not only to American institutions interested in Chinese companies, but also to the accountants and lawyers necessary to maintain listing requirements. These companies may also benefit from being close to one another, with interested American institutional investors in New York City able to meet several interesting Chinese companies at once.”

Daniel J. Entwistle, President of NYC Office Suites, said, “we have signed more full-time Chinese companies at our midtown location. Other Chinese companies may be interested in the virtual office product, which allows part-time access to our state of the art facilities including meeting rooms and videoconferencing. Since 1988, we’ve been providing flexible, ready-to-use, furnished office space allowing companies, teams, groups or individuals to establish themselves in a very short time without the headaches or costs associated with building out space and signing a traditional lease. We have built our franchise by providing decades of exceptional customer service to include nearly 500 fully serviced private offices and team rooms at our three marquee addresses.”

Transnational Capital Corp. is a FINRA member firm which specializes in raising capital, financial restructuring, and merger and acquisitions services for emerging growth companies and entrepreneurs worldwide. For more information visit Transnational Capital Corp.’s website at www.transnationalcapital.com.

NYC Office Suites operates office business centers, otherwise known as executive suites, at three New York landmarks: the Graybar Building at 420 Lexington Avenue; the Commerce Building at 708 Third Avenue; and 1350 Avenue of the Americas. Each office suite is equipped with leading edge business technology and other amenities needed to function in a fast-paced environment.

Contact Details:
(800) 346-3968
Email: info@nycofficesuites.com
Website: http://virtualoffices.nycofficesuites.com/
Website: http://www.nycofficesuites.com/

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NYC Office Suites Wins Business Center of the Month

Posted on August 2, 2010 by Jonathan Thistlewood
NYC Office Suites Wins Business Center of the Month for August 2010

The team at Plaza District will now receive a certificate from officebroker.com, award logo, additional PR, and entry into the Business Center of the Year 2010 competition.

Avital Shimshowitz, Vice President Sales & Marketing at NYC Office Suites, commented: “we are humbled by officebroker.com’s acknowledgement and award of Business Center of the Month. We recognize our success stems from an incredibly detailed and prompt collaboration and extend our gratitude to you. The US team, led by Dan Murphy, has been outstanding! Teamwork is what we are about. We share this success with you at officebroker.com!”

Contact Details:
(800) 346-3968
Email: info@nycofficesuites.com
Website: http://virtualoffices.nycofficesuites.com/
Website: http://www.nycofficesuites.com/

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