The key features for businesses in Manhattan include:
- Home to financial institutions and investment management firms such as JPMorgan, Goldman Sachs, Morgan Stanley, and Blackstone as well as AmLaw 100 law firms and industry leading technology, consulting and insurance companies.
- The New York Stock Exchange, NASDAQ, Dow Jones, and top hedge funds, traders, securities and asset management firms are located in Manhattan.
- Media giants such as NBC, News Corp, 21st Century Fox, Bloomberg, The New York Times and The Wall Street Journal call Manhattan home.
- Innovative startups are exploring new business ventures in urban tech, FinTech, artificial intelligence and blockchain technology. Digital NYC estimates there are over 12,000 startups in New York City with a sizable proportion located in Manhattan.
- Excellent multi-modal transit systems connect all five boroughs in New York City. World class entertainment, Broadway shows, restaurants, shopping, museums and parks provide seemingly endless activities to enjoy.
Centrally located in Manhattan, Midtown is one of the world’s most prestigious and well-known neighborhoods and home to Times Square, Rockefeller Center, Madison Square Garden, Broadway shows, Radio City Music Hall, Bryant Park and Penn Station. Midtown Manhattan skyscrapers offer stunning architecture and historic structures provide a glimpse into New York City’s storied past.
The area is a prime location for financial services, hedge funds, law firms and leading technology companies. In Midtown Manhattan, you’ll be in close proximity to some of the world’s largest and most influential companies, all in the center of the city that never sleeps.
Midtown is easily accessible by multiple subway lines as well as Penn Station, one of the busiest transit hubs in the United States. Subway lines servicing Midtown include the 1, 2, 3, 7, A, C, E, B, D, F, M, N, Q, R and W lines.
After-work, there’s no shortage of dining and entertainment options. Whether you’re looking to dine at a Michelin-starred restaurant, see a Broadway musical, or ice skate in Bryant Park there is a seemingly endless list of restaurants to sample, performances to see, and activities to enjoy.
Home to the historic Plaza Hotel, the iconic Chrysler Building, Grand Central Station prestigious residential buildings and the headquarters for the United Nations, corporations such as Met Life, JPMorgan, Ralph Lauren, global banks, law firms and investment management firms occupy the buildings that line Madison Avenue, Park Avenue, Lexington Avenue and cross streets.
Attractions for people working in Midtown East include numerous restaurants and bars including The Modern at the nearby Museum of Modern Art (MoMA) as well as the recently redesigned and expanded 77,000 square foot Apple Store on Fifth Avenue that is open 24 hours a day, seven days a week.
Conveniently accessible via subway stations including the 4, 5, 6, 7, N, R, E, and M trains as well as Grand Central Station providing access to Metro North Railroad lines. More than just a train station, New York City’s Grand Central Station is a historic landmark that houses unique shops, restaurants and special events.
Vibrant and buzzing with activity, Midtown South offers ideal neighborhoods for innovative businesses of all sizes. From the Empire State Building to the Flatiron Building District around Madison Square Park, along Park Avenue South and down to Union Square, these areas have witnessed a steady growth of startups and established technology giants alike over the past 10 – 15 years. Facebook, eBay, Hulu, BuzzFeed are just a few of the companies with significant footprints in Midtown South and more recently traditional non-tech firms have taken notice, seeking to attract the same type of employee talent needed to compete in the today’s environment.
Amenities and attractions include the original Shake Shack, the rooftop restaurant and microbrewery at Eataly, a visit to the Strand Book Store, attending a live performance by touring musicians at Irving Plaza, or having a team building day at ‘Escape the Room’ located on West 25th Street.
Comprising an area between 8th Avenue and the Hudson River, stretching south from Columbus Circle and the Mount Sinai West hospital through Hell’s Kitchen until reaching Hudson Yards, Midtown West is predominately lower rise structures with high rise commercial and residential buildings lining it’s southern, eastern and northern borders.
With Broadway theaters and recording studios nearby, the area has long been a location inhabited by aspiring actors, comedians and musicians. The neighborhood is also home to The Actors Studio, where founding Artistic Director Lee Strasberg, considered by many the ‘father of method acting’ in the United States developed techniques that would revolutionize how the art of acting was taught and learned.
An eclectic mix of restaurants line 9th Avenue stretching through Hell’s Kitchen, and the annual 9th Avenue International food festival is one of the longest running street fairs in the city. Leisure time can be spent at any of the restaurants along 9th Avenue or Restaurant Row, as well as by visiting the Intrepid Sea, Air and Space Museum located at Pier 86 on the Hudson River at 46th Street, where sites include the USS Intrepid aircraft carrier.
After years of propositions, the rezoning of 60 blocks on Manhattan’s west side was approved by the New York City council in 2005 paving the way for large scale mixed-use development to be constructed above the storage yard for Long Island Rail Road trains. Abutting the Chelsea neighborhood to the south, Hell’s Kitchen to the north and the Hudson River to the west, the greater Hudson Yards area is a growing and evolving neighborhood with more than 28 million square feet of new construction in multiple projects and phases by multiple real estate companies. A sizeable portion of the initial phases under construction are scheduled to be completed between 2019 – 2022.
Companies and businesses that have signed on to locate in the area include WarnerMedia, Warner Bros., HBO, CNN, Tapestry, Inc. (owner of luxury lifestyle brands such as Coach, Kate Space New York, and Stuart Weitzman), Sidewalk Labs owned by Google’s parent Alphabet, Amazon, BlackRock, EY, as well as law firms including Cooley, Skadden, and Boies, Schiller & Flexner.
There will be no shortage of places to eat with restaurants from acclaimed chefs such as Thomas Keller, Jose Andres, David Chang, Michael Lomonaco, and Costas Spiliadis. Retailers joining the neighborhood will include Neiman Marcus, Whole Foods, Pelaton, Lululemon, and H&M among many others.
Located between Hudson Yards and the West Village on Manhattan’s west side, Chelsea is home to high-rise residential buildings, a concentration of contemporary art galleries from both established and aspiring artists, a diverse population, commercial uses and the Chelsea Market loved by foodies near and far.
Google’s New York headquarters is located in Chelsea at 111 Eighth Avenue and the company recently purchased the iconic Chelsea Market across the street which includes office space located above the market. A favorite location for many tech companies and ‘gig economy’ workers, Chelsea is also the home of WeWork’s corporate headquarters.
In addition to an eclectic mix of restaurants, the Chelsea Piers Sports & Entertainment Complex provides a waterfront sports village comprising a golf club, indoor ice rinks and skating school, bowling alleys, swimming pools and more.
Other attractions in and/or near Chelsea include the Whitney Museum of American Art located just south of Chelsea Market in the Meat Packing District, the Rubin Museum of Art, the Fashion Institute of Technology to the northeast, and the celebrated High Line linear park and trail that runs north to south parallel to10th Avenue, linking the Meat Packing District and Chelsea’s southern border to Hudson Yards on Chelsea’s northern border.
Characterized by brick and brownstone townhomes, walkups, apartment buildings, and a diverse population with a communal culture, Greenwich Village is a favorite among New Yorkers of all ages. The streets surrounding Washington Square Park provide a bastion of American cultural and historical landmarks such as the Stonewall Inn, the Cherry Lane Theater or The Bitter End, a rock and roll club that has hosted numerous musical legends. Residents and workers alike enjoy trendy restaurants and bars along Bleecker Street, jazz clubs or share a laugh at the Comedy Cellar, often regarded as the best comedy club in New York City.
Technology and media companies such as IBM, Facebook and SquareSpace have office space here and enjoy all that Greenwich Village has to offer, including the neighborhood’s propensity to attract creative and talented employees.
Extending west and abutting the Meat Packing District and Chelsea to the north, is the West Village, where at the corner of Bedford and Grove Streets you’ll see the famous “Friends Apartment”, where the recognizable exterior façade made regular appearances on the hit TV show “Friends”. Other institutions located in Greenwich Village include New York University (NYU) and The Cooper Union School for art, architecture and engineering which borders the East Village.
Known for its cast iron architecture, cobblestone streets and trend setting fashion boutiques, the neighborhood located south of Houston Street known has SoHo was once a manufacturing center. In the 1960s, declining real estate values provided an opportunity for artists to thrive in large, empty manufacturing and loft spaces.
Today, SoHo is a retail destination characterized by high-end fashion boutiques, trendy pop-up shops and delightful cafes and restaurants. The same loft style spaces attractive to the artists of the 1960s, are attractive to today’s technology companies and employees across a range of industries. Companies with office space in SoHo include Contently, Away, Warby Parker, and insurance giant Aetna recently consolidated its New York operations in SoHo.
Comprising the Financial District (FiDi), Tribeca, World Trade Center and City Hall, Downtown Manhattan is where European settlement began, and would be named New Amsterdam by the Dutch in the 1600s. Fast-forward to 1792 when New York brokers and bankers agreed to trade securities on commission under the Buttonwood Agreement in what would be formally organized as the New York Stock and Exchange Board in 1817. Today, the New York Stock Exchange located at 11 Wall Street is the world’s largest stock exchange, and the Financial District is the beating heart of American financial markets.
Home to stock brokers, securities traders, wirehouses, and more recently technology companies attracted by cheaper rents, companies located Downtown include Goldman Sachs, Verizon, Conde Nast, Time, McKinsey, and Spotify.
Characterized by skyscrapers visible from miles away such as the iconic One World Trade Center, Downtown Manhattan is also home to popular destinations including the South Street Seaport, Fulton Market, and Battery Park. Extending north from the World Trade Center to Canal Street is Tribeca, referring to the ‘Triangle Below Canal Street’, home to luxury residential buildings and lofts popular among celebrities as well as the annual Tribeca Film Festival. Since its creation by founders including Robert De Niro in 2002, the Tribeca Film Festival has become one of the most popular cultural events in New York City and platforms for independent filmmakers.
Easily accessible by transit, most subway lines converge downtown at the southern tip of Manhattan Island.
Upper West Side
Spanning the area between the Hudson River and Central Park, the Upper West Side is home to spacious residences, luxury apartment buildings, bistros and cafes, and known for attracting the intellectually curious. A sanctuary for writers, designers, filmmakers, among other intelligentsia, the Upper West Side is also home to Lincoln Center, the Natural History Museum, the Historical Society of New York, Columbia University, The Juilliard School, and Barnard College.
Upper East Side
Spanning the area between the East River and Central Park, the Upper East Side is known for elite and upscale real estate, luxury high-end fashion design stores, and many of the top prep schools. Some of America’s most well-known families have resided in the Upper East Side including the Rockefellers, Carnegies, and Roosevelts. The Upper East Side is also home to ‘Museum Mile’ where you’ll find the Metropolitan Museum of Art, the Guggenheim, the Frick Collection, and the Jewish Museum.
An historic hub of creativity and culture, in the 1920s and 1930s the neighborhood was the center of the Harlem Renaissance, and witnessed the opening of the iconic Apollo Theater in 1934. Known as an essential and vital part of the American Civil Rights movement, as well as musical and literary history, many of America’s most influential leaders and artists have lived in Harlem including Maya Angelou, Louis Armstrong, Billie Holiday, Langston Hughes, and Norman Rockwell.
Harlem is a beautiful and thriving diverse neighborhood with tree-lined streets and brownstone townhomes. Recently, the neighborhood has garnered attention for its growing and thriving culinary scene, led partially by celebrity chef Marcus Samuelsson’s Red Rooster restaurant among others. In addition to the Apollo Theater, other attractions and landmarks include the National Black Theatre, the Paris Blues Jazz Club, Showman’s Jazz Club, the Studio Museum, and El Museo del Barrio in Spanish Harlem.
Columbia University’s recently completed Jerome L. Greene Science Center includes state-of-the-art laboratories, neuroscience research facilities, and a community wellness center. The science center is part of Columbia’s 17-acre Manhattanville campus that will be completed in multiple phases.
If you're looking for the perfect office space in Manhattan, our experts here at Workthere will make the process easy and hassle free, providing you more time to focus on your business. For more information, get in touch with one of our Workthere team members.