Monthly office suites come to Greenpoint

TRD New York /
Jul.July 26, 2011 05:03 PM
33 Nassau Avenue (credit: PropertyShark)

With its reputation for cafes teeming with creative professionals, the Williamsburg-Greenpoint area proved the perfect location for developers Richard Beyda and Morris Levy’s first commercial project: a month-to-month office space leasing area that starts at $395 per month for a one-person suite.

The collection of suites, dubbed the Yard, will comprise the entire 14,000-square-foot second floor of the building at 33 Nassau Avenue, the developers said. The ground floor of the building is already home to a child learning center called Play Greenpoint, yoga studio [email protected] and the popular beer garden Spritzenhaus. The top floor is currently used as office space.

The Yard concept is similar to that employed by companies like WeWork in the Meatpacking District, Soho and Midtown, but Beyda and Levy believe the David Bers-designed suites are far more upscale at a better pricepoint, according to a spokesperson for the developers. The offices, which range in size from one- to eight-person suites and can be combined as needed, will be available for lease starting in about two weeks, and have the capacity for 250 people.
The Yard also has two common areas.

The developers plan to expand the franchise beyond the McCarren Park-adjacent site, into Manhattan and other major cities. — Adam Fusfeld

Related Articles

Wendy Silverstein (Credit: Getty Images)

Wendy Silverstein, co-head of WeWork’s real-estate fund, is out

WeWork CEO Adam Neumann (Credit: Getty Images and iStock)

WeWork’s side businesses are fizzling

Sarah Pontius (Credit: Union College)

Another head rolls at WeWork

Jason Lund (Credit: Colliers, iStock)

Laid off WeWork exec Jason Lund lands at Colliers

WeWork co-CEOs Sebastian Gunningham and Artie Minson (Credit: Getty Images, iStock, Twitter)

WeWork lease-signing sinks to five-year low in New York

Adam Neumann (Credit: Getty Images)

Adam Neumann’s next bet? Mortgage servicing

WeWork CCO Miguel McKelvey  and 18 West 11th Street (Credit: Getty Images and Google Maps)

WeWork’s Miguel McKelvey lists townhouse for $21M

From left: Corcoran CEO Pam Liebman, Amazon CEO Jeff Bezos, former WeWork CEO Adam Neumann, Related Chairman Steve Ross, and Albany's State Capitol (Credit: Getty Images, iStock)

Amazon, WeWork and more — the biggest real estate stories of 2019