Design Savvy Offices In NYC

Bite-sized office projects are booming. They can rise on small plots, don’t need big loans and boast curb appeal for tenants that want high-tech, classy and glassy homes.

NYC’s new crop of boutique buildings are typically no more than 150,000 square feet of new construction or gut-renovated space. Major architecture firms are tapped to design, with interiors featuring large windows and outdoor amenities.

“The city has so many great areas,” says Peter Riguardi, president of JLL. “Some of these boutique buildings in these great areas are very attractive for tenants.”

Take the half-dozen new buildings in the Meatpacking District near the High Line, a handful in Tribeca, another group by Houston and Broadway, more in Midtown and others scattered across Brooklyn.

These projects appeal not only to small companies, but to subdivisions of large corporations. “The end user wants something small,” says Ron Lo Russo, vice president at Cushman & Wakefield.

“Instead of a tech division being part of a bigger office, it wants to be in a boutique,” Lo Russo adds. For the full article, click here.

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