News: Brokerage

Corporate Suites leases 35,000 s/f at 16 East 34th St.

Courtesy of George Comfort & Sons

Manhattan, NY George Comfort & Sons, and building owner Wohio Holding Inc., arranged a new lease agreement with Corporate Suites at 16 East 34th St., a 22-story office and retail building located between Madison and Fifth Aves. in Murray Hill.

Corporate Suites is one of the largest serviced office space providers in New York City. As part of the 13-year lease, the coworking firm will open a location encompassing 34,857 s/f across 16 East 34th St.’s entire 18th and 19th floors.

With over two decades of experience managing hundreds of amenity-rich shared workspaces, Corporate Suites tailors office solutions, fully equipped executive suites and conference rooms. Its location at 16 East 34th St. will include a combination of large light-filled furnished team office spaces offering plug and play flexibility for corporate groups with a mix of smaller private offices, fully equipped conference and training rooms, open coworking areas, phone booths, complimentary café and an onsite team offering a high level of front desk services and support.

“As New York City’s office market continues to rebound, flexible space and amenity access remain in high demand,” said George Comfort & Sons president and CEO Peter Duncan. “With an upgraded lobby and expansive roof deck, 16 East 34th St. is ideally positioned for companies seeking boutique space with unrivaled transit connectivity both throughout the city and surrounding suburbs. We’re pleased to welcome Corporate Suites, further bolstering the building’s appeal within one of Manhattan’s most innovative submarkets.”

With its distinctive Art Deco architecture and Midtown South location, 16 East 34th St. blends historic character and modern functionality just steps from the Empire State Building. The 376,000 s/f tower recently underwent a series of renovations, including a redesigned lobby, new elevator cabs and the installation of an amenity roof deck with sweeping views of the New York City skyline accessible to all building tenants.

 The building features large, efficient floor plates, including pre-built suites. The property also offers the unique option to create a building within a building on 33rd St. for a 100,000 s/f user at its base.

Tenants also benefit from 24/7 access, operable windows and a vibrant surrounding neighborhood home to major companies such as Amazon, LinkedIn, Sony and NYU Langone Medical. Situated in a prime transit hub, Penn Station, Grand Central Terminal, and the 33rd St. and Herald Sq. subway stations are all within walking distance, providing access to numerous subway lines as well as NJ Transit, LIRR, Metro-North and PATH rail services.

Ownership was represented in the lease transaction by George Comfort & Sons’ Duncan and Alexander Bermingham. Corporate Suites was represented by David Rosenbloom and Matthew Etlinger of Cushman & Wakefield.

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