Stark Business Solutions expands into New York City

Stark Business Solutions, Inc., which offers premium turn-key, flexible executive offices and virtual office services for professionals and entrepreneurs, has acquired certain business center assets of Lincoln Suites, Inc. located at One Grand Central Place at 60 East 42nd St. This represents Stark's first N.Y.C. location. Lincoln Suites occupies over 24,000 s/f, with access to Grand Central Terminal. The 55-story office tower recently underwent an $85 million renovation. With the addition of Lincoln Suites, Stark adds another office location to its 58,000 total s/f of executive office suites in White Plains, Scarsdale Village, Mount Kisco and Harrison locations. Stark's Manhattan location will offer many of the same amenities found in its Westchester locations, including full-time and virtual office options, multiple conference room venues and state-of-the-art technology including a complete fiber-optic solution. Since its establishment in 2004, Stark has grown significantly. Stark currently has more than 300 clients, and has experienced a 25% increase in revenues in 2009. "Expanding to N.Y.C. was a strategic decision that we know will greatly benefit our Westchester clients, many of whom frequently conduct business in the city and will take advantage of the added services, including a desirable Manhattan phone number, address and meeting space," said Adam Stark, president of Stark Business Solutions. "At the same time, we believe our solution will enhance the strong offering that Lincoln Suites clients are currently receiving by providing them with advanced technology and enhanced service offerings. We look forward to building on the solid foundation of Lincoln Suites and believe its clients are an excellent addition to the Stark community," said Stark. Peter Rosten, president of Lincoln Suites, said, "In the past several months we considered many companies to partner with. We are confident that we made the best decision for our clients and our brand by selecting Stark Business Solutions. The quality and professionalism that Stark represents will position Lincoln Suites and its clients to thrive." Ben Blumberg, partner and executive vice president, Stark Business Solutions, said, "Stark is more than just customizable office space. We strive to create a community in which successful professionals and entrepreneurs can network, build relationships and grow their business. The Lincoln Suites and Stark cultures are similar and we are excited to see the synergies between them." Yoav Cohen of NYC Advisors, LLC was the investment banker on this deal. The Stark Office Suites in Scarsdale Village is located at 2 Overhill Rd. The Stark Office Suites in White Plains are located at 445 Hamilton Ave. The Stark Office Suites in Mount Kisco are located at 100 South Bedford Rd. The Stark Office Suites in Harrison are located at 500 Mamaroneck Ave. Stark Office Suites in Manhattan are located at One Grand Central Place, 60 East 42nd St.