Are you currently scouring the market for office space in NYC for your business? If so, you already know that this marks a major milestone in your tenure as a business owner. You also know that items such as location, lease terms, space and a slew of other amenities have all instantly jumped to the forefront as major priorities and the endless list of options for office space in NYC can quickly feel daunting. It's no secret that making the foray into commercial office space in NYC is a big next step. However, savvy entrepreneurs are proving that this big business move can be decidedly more manageable. How, you ask? By leasing shared office space in NYC.
On March 28th, 2012, Joe Chin held his Best Practices Meetup at NYU's Stern School of Business. The featured speakers were Jared Hecht of GroupMe and Ben Lerer of Thrillist and Lerer Ventures. The topic of the discussion was Creating New Markets. Jared is a Co-Founder of GroupMe, the group messaging service that was acquired by Skype in August, 2011 for more than $50 million. Ben is the Co-Founder/CEO of Thrillist Media Group (Thrillist, Jackthreads), which has $40 million in revenue and 4 million subscribers. Ben is also Co-Founder/Managing Director of Lerer Ventures, a seed stage venture capital fund which has invested in over 100 media and technology companies.
Turn Two Media, an online media firm, has recently renewed its lease at 33 East 33rd Street. The space was formerly a sublease from Cambridge Systematics, which Turn Two has converted into a direct lease.
Sailthru, the ubiquitous email deliverability and analytics firm, has recently signed a lease to take over the former NYU/Poly Incubator space at 160 Varick Street. The space, located on the top floor of the building, aka 10 Hudson Square, was vacated at the end of last year by the incubator, who relocated to 137 Varick Street, a few blocks away. Sailthru signed a lease for 17,775 square feet, which includes access to the property’s rooftop.
In one of the more interesting recent startup panels, TiE (The Indian Entrepreneurs) NYC hosted a panel discussion on Thursday, March 15th, 2012 at the NYC offices of King & Spalding at 1185 Avenue of the Americas. The discussion, titled "Jumpstart Your Idea - Taking the Plunge and Starting Your Dream Venture", featured Brooklyn Bridge Ventures' Charlie O'Donnell, Mojiva's Miles Spencer and Hotlist's Gianni Martire discussing common scenarios all entrepreneurs face when embarking on their first venture.
Tag management firm TagMan has signed a lease to occupy 5,302 square feet on the 9th floor of 575 Eighth Avenue, located between 38th & 39th Streets in Times Square South. TagMan is the global leader in tag management, with the industry’s most mature and proven platform for enterprise ecommerce.
The fastest way to an emerging tech company’s heart is through its venture capitalist.
Such has been the modus operandi of Jack Petrie, a senior vice president at CresaPartners who has amassed a list of clients that reads like a veritable who’s who of Silicon Alley. He’s found these clients through contacts and clients of his in venture capital.
“I [find] that usually I can connect the dots with a lot of these companies with relationships I have with V.C. firms and people I have met through the community,” said Mr. Petrie, 50.
PulsePoint, Clearspring and Jingle Networks have all found new office space through the aid of Mr. Petrie.
Young firms like Sailthru, a behavioral email marketing service, and GramercyOne, a cloud-based software development firm, recently secured seed money from venture capitalists and tabbed Mr. Petrie to find them 15,000 square feet and 5,000 square feet of office space, respectively.
He helped Amazon expand to 60,000 square feet of space at 1350 Avenue of the Americas this year—and the online retail giant is counting on him for future growth... view more
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