The Real Deal New York

Jay Suites expands at Charney’s 1441 Broadway

Co-working company signs 23K sf lease at 42-story tower

November 05, 2015 05:33PM
By Konrad Putzier

Rendering of 1441 Broadway post-renovation

Rendering of 1441 Broadway post-renovation

Shared-office company Jay Suites signed a 23,000-square foot lease at L.H. Charney and Associates’ 1441 Broadway, expanding to three floors.

The company now occupies 69,000 square feet in the 573,000-square-foot, 33-story tower. MHP Real Estate Services’ Richard Dolittle brokered the deal.

Jay Suites, founded in 2009 by brothers Juda and Jack Srour, was New York’s third-largest shared-office company in The Real Deal’s June ranking behind WeWork and Regus. It now occupies seven locations and 250,000 square feet in Manhattan and is eyeing its first Brooklyn location.

Behind the story:
1441 Broadway

Shared-office companies, led by $10 billion startup WeWork, have been proliferating across the big apple. To the south of 1441 Broadway, the area around Madison Square Park alone is home to 26 co-working spaces.