The Yard, a company that provides open coworking and private workspaces throughout New York City, has signed a lease at 883 Avenue of the Americas for its fourth Manhattan location, according to a press release issued today by Savills Studley.
The 16-year lease includes 23,134 square feet of space at the 48-story mixed-use property between 31st and 32nd Streets. The Yard’s new location, which includes floor-to-ceiling windows and a private entrance on 32nd Street, is set to open in the beginning of 2015.
Evan Margolin and Lance Leighton of Savills Studley represented The Yard in negotiations. Newmark Grubb Knight Frank’s Barry Goodman represented the landlord.
“I am really excited about this new location and the opportunites the space provides to create an exceptional workplace for our members,” said Richard Beyda, The Yard co-founder, in a prepared statement.
The Yard also has spaces on the Lower East Side and the Upper West Side, as well as in the Flatiron District and in Williamsburg, Brooklyn.Space Sharing Company Signs Lease on Avenue of the Americas
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