Displaced Companies Seek Office Solutions

HOBOKEN-In Downtown Manhattan alone, it was estimated that 10 million and 15 million square feet of space were, well, ruined thanks to Hurricane Sandy. At least, that’s what the New York Post most recently reported. So what are these companies going to do now?  There’s only so much working from  home one can do; lack of access to servers, phone and printer facilities and other amenities can make some jobs difficult.  

In the interim, it looks like displaced companies have to look for more temporary solutions, especially as right now, no one really knows how long power will be out or buildings will be uninhabitable. So a new leasing trend may lean towards the less certain, the more fluid which will put a different kind of control in the hands of the tenants.  For instance, Globest.com recently reported on Sentry Centers’ expansion to Old Slip, which offers flexible meeting space options for companies – many of whom could likely be looking to such services until their buildings are back up to speed.