Virgo Business Centers, a New York City-based coworking space and meeting room provider, has inked an 11-year lease renewal for 40,779 square feet at 1345 Avenue of the Americas.
Virgo will continue to occupy the entire second floor of the 50-story office tower, also known as the Alliance Bernstein Building (formerly the Burlington House) that’s currently owned by Fisher Brothers. CBRE brokered the lease on behalf of both parties.
“Demand for flexibility is growing in the current office leasing environment, and flex space continues to play an important role in occupier strategy,” said Anthony Dattoma, executive vice president in CBRE’s Midtown Manhattan office, who acted on behalf of Virgo in the transaction.
Virgo Business Centers’ New York City coworking space offers executive office suites, team rooms and day offices. The executive offices are designed for individual occupancy with modular office furnishings that are expandable to accommodate up to four people. Meanwhile, the team rooms are tailored for traveling teams and can host five to 12 people per company. Or, the day offices are offered as an alternative for solo clients with occasional guests and provide access to the same business amenities as full-time Virgo clients enjoy.
