NEW YORK CITY-Technology firms, often with a small headcount andin their early days, are finding ways to affordably rent space inMidtown, according to a new report by ABS Partners RealEstate, released exclusively to GlobeSt.com.
In fact, technology firms and other start-ups are spreading outacross the city, with each of the three submarkets offering adifferent set of enticements, ABS director AshkanZandieh, tells GlobeSt.com.
Midtown is seeing more small to mid-sized tech titans contractfor class B space, allowing these cash-strapped companies to sit inthe city's epicenter without getting in over their headsfinancially, he says.
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Rayna Katz
Rayna Katz is a seasoned business journalist whose extensive experience includes coverage of the lodging sector, travel and the culinary space. She was most recently content director for a business-to-business publisher, overseeing four publications. While at Meeting News, a travel trade publication, she received a Best Reporting award for a story on meeting cancellations in New Orleans during Hurricane Katrina.
