Best Office Space For Tech & Media Companies Downtown NYC

Downtown NYC provides an excellent venue for tech and media companies because of its existing communications infrastructure. In the past many offices were occupied by financial firms that required high-speed communications. Beginning in 1996 these buildings were upgraded for the “Plug and Go” program which attracted hundreds of internet start-ups.  Today, fiber connections are present in most commercial properties. However, the connectivity at 55 Broad Street and 75 Broad Street exceed most other buildings.

 

55 Broad Street, aka NY Information and Technology Center is one of the best office space buildings for tech and media companies offering a work environment that is both creative and functional, featuring turnkey, state-of-the-art voice, video and data transmission. Offices vary in size from 900- 23,000 SF with asking rents starting at $37.00 PSF plus discounted sub-metered electricity. Single and multi- node fiber and satellite connections are available. Providers include Verizon Direct Fiber, Cogent Communications, Lightower, ATT Teleport, Level 3, Nextlink/XO and Time Warner.  The Landlord has developed a 24,000 SF floor that provides scalable meeting and event space called the Digital Sandbox. 55 Broad Street also has a popular co-working space called Hive 55.

 

75 Broad Street aka the New York Telex is one of only two building in NYC with a direct connection to the undersea transatlantic fiber optic cable. It is suitable for mission critical operations and has a back-up generator farm. Communication providers include Verizon, Lightower, Looking Glass Networks, Con Ed, Cogent, Qwest, Global Crossings, ATT, MFN/MCI, Nextlink/XO, Paetec and Peer I Networks. There is a satellite and antenna farm. Asking rents for spaces range from $35.00 PSF on lower floors to $37.00 PSF in the tower which offers panoramic views.

 

In addition to tech and media businesses, 55 and 75 Broad Street have a diverse tenant pool including finance, legal service, insurance, engineering and education. Leases signed in these buildings may qualify for the Commercial Revitalization Program (CRP).