Chelsea, one of Manhattan’s hottest areas for restaurants, retail, and nightlife, has become a cultural hub for the hip and creative workforce in New York City. In past years, discovering cool, contemporary and “proper” office spaces (with adequate infrastructure) in this area was a difficult endeavor. However, with the recent influx of both institutional and private investments into the once antiquated assets, there are now plenty of appropriate office buildings for mature companies. In 2014, Peloton Interactive, the scorching hot fitness and spin company, noticed the trend of their peers moving south to these types of assets and leased the entire 4th floor at Emmes Asset Management’s 158 West 27th Street. However, they are now offering it for sublease on a short-term basis.
Measuring 9,661 rentable square feet, the entire 4th floor is a great opportunity for any tech, media, advertising or creative tenant looking to occupy a full floor in the highly coveted neighborhood of Chelsea. Currently constructed with 1 glass-fronted conference room, a cafe-style pantry and open area with bench-style seating for more than 90 employees, this sublease opportunity is perfect for both early and later stage firms. Featuring exposed ceilings and wooden floors, this unit is just about what every company is looking for. As an added perk, the term is relatively short, through December of 2019, creating an extremely flexible short-term option that is ready to go and plug & play.
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