Presented By: The Hive
The Hive – Productive, Authentic and Accessible.
A new office development that will be the buzz of Midtown West.
Say hello to The Hive – the KRW Realty Advisors’ transformation of two adjoining buildings into Midtown West’s newest boutique office development. 303 West 42nd & 300 West 43rd – branded Hive 42 and Hive 43 respectively – will provide more than 126,000 RSF of completely redeveloped office space across two vintage buildings of 63,000 RSF each.
“When we were exploring ideas for development we were impressed with three neighborhood dynamics: the energy of local commerce; an abundance of public transportation; and a calming residential vibe,” said Kevin Wang, Principal of KRW. “We chose to pursue the development of a boutique workplace that embodies energy and comfort, facilitates productivity, and that’s modern with a real authentic feel…think repurposed SoHo loft, not typical Midtown Tower…at a super-hub location. The Hive is going to be an amalgamation of productivity, authenticity and accessibility.”
Developer KRW Realty Advisors is partnering with a dynamic Colliers International team to lease both the office and retail spaces. The office leasing team includes Robert L. Freedman, Alexander Jinishian, Robert C. Gallucci, Tiffany Benton and Timothy G. Pond. David Green and Zachary Nathan lead the retail efforts.
For The Hive, the developers will follow the tenet that efficiency increases productivity. Productivity is the driver for the growth and expansion of any successful business. Providing employees with workspace options for privacy as well as collaboration contributes to their ability to perform at their best.
The $80 million redevelopment program will feature two new state-of-the-art lobbies; space for a rooftop terrace; new windows, new electric, telecom, elevator and HVAC systems; new restrooms, and seven new retail storefronts to accommodate any type of user.
Hive 42 offers unique office suites (from 1,140 SF to 7,448 SF) that appeal to both start-ups and more traditionally structured firms. Each floor will have creative layouts featuring open workspaces and private offices, polished concrete floors, large windows providing abundant natural light, and state-of-the-art technology.
Hive 43 has five contiguous floors of 12,656 SF each and provides naming rights for the full building user. Similar to Hive 42, the interiors will feature high ceilings and new oversized windows. The office floors feature original exposed brick, steel columns and hardwood floors. Structural work to accommodate a roof deck will provide the opportunity for a tenant to design their own green space, offering a seldom found sanctuary for tenants and guests above the buzzing streets of Midtown Manhattan.
Current urban work trends are all about comfort, flexibility and context, and The Hive fits right in. While KRW could have demolished the 100-year-old buildings and rebuilt on site, the L-shaped layout of the complex, the original pre-war façades and the shallow floor plates gives the development a unique and distinctive look-and-feel that is true to the Hell’s Kitchen neighborhood. Working at The Hive will impart a sense of pride and authenticity.
On the inside, you will find a hip, urban interior featuring exposed hardwood floors, brick walls and steal columns throughout. The historic character of the building reflects the roll-up-your-sleeves work ethic that defined the success of the many companies that called this neighborhood home.
One of the most important draws of any workplace is its accessibility. Whether it’s access to transportation, to the neighborhood, or to like-minded companies, employees benefit when they can connect with others and work when, and how, they want.
The Hive is centrally located to three of the city’s transportation hubs: directly across from the Port Authority Bus Terminal; 8 blocks from Penn Station; and a five-minute subway ride to Grand Central. The entrance to the A/C/E subway line is adjacent to the building and the 1/2/3/N/Q/R/7 and S subway lines are just a block away.
The Hive lives in a neighborhood embodying the best of NYC – the energy and excitement of world-class entertainment, restaurants, retail and hotels, and the sanctuary of local parks and residential vibe of Hell’s Kitchen.
With little similar product on the market in the surrounding area, The Hive is poised to be the buzz of Midtown West. Be ready.