Sabey to Renovate Office Floors at 375 Pearl Street
Gus Delaporte May 14, 2014, 12:40 p.m.
Sabey Data Center Properties plans renovate 15 upper stories at the company’s 375 Pearl Street building to better accommodate office space.
The plans call for the installation of floor-to-ceiling windows on the top-half of the building, which is also known as Intergate.Manhattan. Windows will be added to the north, east and south sides of the building, while existing windows on the west façade will be uncovered from inside the structure.
All told, about half of the 1 million-square-foot building will be allotted for office space, with the lower half dedicated to data center space.
“The Internet economy is writing a whole new set of specifications for office space,” said John Sabey, the president of Sabey Data Centers, in a prepared statement. “We are proud to be among the first developers to meet the needs of businesses that require very high levels of security, connectivity and 24/7 operational assets for their work forces.”
Asking rent for office space in the building is in the low-$50s per square foot. As reported by Commercial Observer, Datagram signed a 5,200-square-foot office lease at 375 Pearl Street last month. The internet hosting provider’s deal was the first office lease at the building.