Executive Suites Provider, Jay Suites, to offer Flexible, Furnished Offices in the Financial District
Released on: September 13, 2010, 4:00 am
Industry: Small Business
Downtown New York City. The Financial District. Wall Street.
The Stock Exchange. Soon entrepreneurs and small businesses will be
able to take advantage of a flexible, furnished office plan in the
heart of the financial capital of the world.
Jay Suites has secured its fourth New York City location at 30 Broad Street in the
Financial District, company President Juda Srour announced. The company is now
scouting out sites in Chelsea and the Plaza District for more locations.
Jay Suites — a serviced office suite provider which rents out fully furnished office
spaces to both corporate clients and small businesses — signed a 13-year lease last
Tuesday with Gotham Holdings for the entire 14th floor of the 50-story limestone
building at the corner of Broad Street and Exchange Place, which is adjacent to the
New York Stock Exchange. The classic art-deco tower is at the crossroads of the
world’s banking, insurance, and financial industries.
The 16,000-square-foot space will be fully renovated and ready for lease by December
1, Srour said. Rents will range from $800 a month to $4,000 for office spaces of 100
square feet to 2,500 square feet.
Jay Suites is a three-year-old venture run by brothers Juda and Jack Srour, the
company’s CEO. “The space is ideal for both start-ups and corporate clients that
need the prime Manhattan address, and a flexible office plan,” Srour said. He added,“30 Broad Street will open up limitless opportunities to companies who desire a base
in the heart of the financial district.”
The company recently signed a 10-year lease for 16,796 square feet at 1370 Broadway,
a deal which was finalized in mid-July. Though the space — the fifth floor of the
17-story building, between 36th and 37th streets — won’t be open until Nov. 1,
several suites have been snapped up already. “People have expressed interest and we
have pre-sold ten suites on Broadway,” Juda said. “We are very excited to open these
new centers and to have such great locations steps away from all the main subway
Jay Suites’ other two offices, which are up and running, are at 369 Lexington Avenue
between 40th and 41st streets near Grand Central, and at 2 West 46th Street at Fifth
Avenue in the Rockefeller District. The business centers are fully furnished with
secured Internet and phone access, as well a staffed reception area, conference
rooms, copiers and a daily cleaning staff.
One current client at the Grand Central location is Regency Insurance, Juda said,
along with several law firms, real estate brokerages and other entrepreneurs, such
as online fashion magazine Beauty Blitz.
Users are invited to post comments and ideas on the company's blog.
Contact Details: Jay Suites
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