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Pre-builts on 16th floor at 250 West 57th Street
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AT W&H, we're bringing our highly efficient pre-built spaces to every one of our portfolio's properties. Each one of our properties is staying ahead of demand, maintaining an inventory of freshly-built suites with high-quality finishes. As our broker participation and tenant referrals grow,we're building and leasing!
It's no wonder pre-builts are so popular with tenants. All pre-built spaces contain a highly-efficient space layout with full-height doors, sidelight glass to bring light into interior areas, new ceilings, lighting and flooring. They also feature tenant-controlled central air conditioning, dedicated electrical circuits and data outlets, storage rooms and pantries in many units.
Anthony E. Malkin, senior director,Wien & Malkin Supervisory Services, the asset manager of W&H Properties™, notes that pre-built spaces are another important asset that the W&H portfolio can use to attract tenants.
"We're proud of the fact that we are continuing to add quality pre-built spaces,"he says. "These are a win-win combination, as they provide opportunities for tenants to get settled quickly and offer a great commission opportunity for brokers in some of the best located and upgraded buildings in New York."
501 Seventh Avenue Adds Pre-Builts
The first two of several planned pre-built offices were recently completed at 501 Seventh Avenue, part of the final stages of that building's $50 million capital enhancement program. Each measures slightly more than 1,300 square feet. Construction is also underway on five additional offices, ranging from 1,119 square feet to 2,615 square feet.
The Lincoln Building
At The Lincoln Building, 60 E. 42nd Street, pre-built suites ranging from 1,500 square feet to 3,500 square feet have been added, and are leasing as they are completed. At Lincoln, all pre-built office tenants have access to an extensive law library and conference center, while enjoying our new security turnstiles, dedicated building messenger service, and direct underground access to Grand Central Terminal.
250 West 57th Street
Pre-builts continue to be a hot commodity at 250 West 57th Street (The Fisk Building), as well. The building is currently bringing online three additional spaces, ranging from 1,100 square feet to 2,650 square feet.
International Toy Center
A number of new pre-built showrooms are also in the works at the International Toy Center, which consists of 200 Fifth Avenue and 1107 Broadway.
At the ITC, planning and design work is customized for the specialized showroom users who desire year-round sales opportunities in the children's entertainment and seasonal industries. Ranging from 1,501 square feet to 4,500 square feet, the spaces will all be ready for tenants at the all-important Mass Merchants Fall Preview show.
"Along with our inventory of pre-builts, we also have a stock of fully-demolished 'white box' space, which we will custom build-to-suit for any tenant who likes what we offer, but wants a slightly different configuration or location in a building,"Mr. Malkin says."Do yourself a favor and visit our properties... give us a chance to compete for your business, since most who visit end up signing leases in our buildings."
