Lease Beat

Regus Continues New York Expansion at 104 West 40th Street

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Office space provider Regus has signed a long-term, 30,000-square-foot lease on the fourth and fifth floors at 104 West 40th Street, continuing the company’s aggressive expansion in New York.

“We’re really looking to expand on the west side of Manhattan, filling in the dots of where we aren’t,” Grant Greenberg, spokesman, told The Commercial Observer, adding that an exact opening date has not been nailed down but late 2013 or early 2014 is likely. Read More

Business Lounging

Regus Adapts as Work Habits Change

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As co-working and temporary space increase in popularity for both start-ups and established businesses, office provider Regus has expanded its available options by opening two street-level business lounges offering short-term access over the past six months, at 747 Third Avenue and 275 Seventh Avenue.

“We are meeting the demand of the increase of people using drop in access,” Grant Greenberg, spokesman, told The Commercial Observer. Read More

Prebuilt Building Out in Manhattan

The ground floor business lounge at 747 Third Avenue. (photo courtesy of Regus)

Regus announced plans to expand its prebuilt office space footprint in Manhattan with four new locations slated for leasing in the coming year. The Luxembourg-based company has 60 such business centers in the tristate area, 26 of which are in New York City.

New locations include 23,000 square feet at 747 Third Avenue, two floors Read More