Jay Suites expands at Charney’s 1441 Broadway

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.

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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.