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