Office Space Provider Jay Suites Celebrates The Opening Of Its Seventh Location at 315 Madison Ave

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NYC-based office space provider Jay Suites opened its seventh NYC office space location, continuing an aggressive expansion in Manhattan. The new site on Madison Avenue is across the street from Grand Central Station and is already 60% leased up.

315 Madison Avenue, Across the Street from Grand Central Terminal

Their client list is long are varied, ranging from tech start-ups and financial companies, to magazine editors and textile brokers, law firms, and restaurant groups.

Brothers Jack and Juda Srour are at it again. Since opening their first location in 2008, Jay Suites has been expanding prolifically. They have already become the third largest provider of serviced office space in New York City.

When they set out to reinvent the office suite concept seven years ago, they both had a unique vision and a love for real estate. The Srour family has been in the real estate industry for decades through the ownership and operation of over one million square feet of select office, residential and mixed-use properties throughout the New York metropolitan area. This quarter the company is expanding again, adding its newest location, 315 Madison Avenue, to their growing portfolio.

The newest location, situated at the corner of 42nd street directly across from Grand Central Station, opened April 1st 2015 and is already over 60% leased. Spanning two floors, it features 64 fully-furnished office suites ranging in size from single suites to larger team rooms, two state-of-the-art meeting rooms with state of the art presentation equipment and outfitted with speakers, a designer reception area, a custom built interior staircase, break room with a fully-stocked pantry and a tenant hotspot. Members also enjoy the 250 megabytes of internet bandwidth wired into the office suites. Aside from the office suites, the location also offers hourly and daily conference room rentals as well as virtual offices.

The Srour brothers plan to open up more centers in Manhattan and expand into new markets, such as Chicago, San Francisco and Philadelphia. With a growing portfolio of seven locations, they now lease 250,000 square feet of prime office space in some of the most coveted locations throughout New York City:

  •     30 Broad Street, 14th Floor (Financial District)
  •     369 Lexington Avenue, 2nd & 3rd Floors (Grand Central)
  •     1370 Broadway, 5th Floor (Penn Station)
  •     1441 Broadway, 3rd & 5th Floors (Times Square)
  •     31 West 34th Street, 7th & 8th Floors (34th Street)
  •     2 West 46th Street, Mezzanine Floor (Fifth Avenue)
  •     315 Madison Avenue (Madison Avenue)

Each office center has a unique floor plan, ultra-modern style, black and white marble flooring alongside Venetian plaster walls adorned with wall sconces and pure glass enclosed conference rooms. Further, all Jay Suites’ locations are in multi-story elevator office buildings with 24 / 7 access and lobby attendants. Their locations are within walking distance from important NYC landmarks like the New York Stock Exchange, Madison Square Garden and transportation hubs like the World Trade Center Path Station, Penn Station, The Port Authority and Grand Central Station.

Their vision for flexible office space has gained significant momentum since their start. Jay Suites' concept provides fully furnished, serviced office space, ideal for start-ups, multi-city organizations, and entrepreneurs. Centers boast fully-equipped conference rooms, stocked kitchens and hot spots, full time receptionists and managers, state of the art technology, luxurious furniture and all the amenities to be expected in first class offices. Longtime receptionist Linda Zibak stated "its the ultimate package for a business, you have a furnished office suite with phone and internet, meeting rooms, lounges and even an outdoor terrace at the tip of your fingers."

Their client list is long are varied, ranging from tech start-ups and financial companies, to magazine editors and textile brokers, law firms, and restaurant groups. Corporate America has taken notice of Jay Suites: companies such as Hewlett Packard, Purity Vodka, Bombardier USA, Hampton Inn and the Daily News all lease spaces from Jay Suites. Their varied members thrive in this environment and are encouraged to network with one another and find business opportunities in the shared environment of the suite and via monthly parties hosted by Jay Suites. Companies can easily expand within the space as Jay Suites offers flexible lease terms. Central to the Srour brothers’ philosophy is the idea that Jay Suites’ growth is predicated upon their clients’ growth.

The modern sense of portability and pivoting is just one of the great qualities that separates Jay Suites from other office suite providers. Their all-inclusive pricing plan which includes everything from furniture, utilities, phone and internet services, reception and mail handling, enjoyment of common areas, like conference rooms and lounge spaces, keep overhead costs low for their tenants. Being able to predict and control future expenses is essential for companies seeking success in today's economic climate. Jay Suites is forward thinking, and dynamic while keeping an old-fashioned work ethic at its core. The Jay Suites operations team works tirelessly to be an extension of their members, and to ensure perfect service. Clients can concentrate on their unique work and their bottom line while leaving the minutia of day-to-day office operations to their office provider.

About Jay Suites

Jay Suites is a hub for New York City entrepreneurs looking to simply work better. The firm offers flexible, luxury office spaces, virtual office plans and on-demand conference rooms. The firm specializes in full-service executive suite spaces with all-inclusive pricing; their short and long-term solutions accommodate a variety of businesses across the spectrum, from lawyers and financial managers to entrepreneurs and Fortune 500 companies. All Jay Suites offices are furnished, elegantly designed and come equipped with state-of-the-art technology, resources and support. In addition, members join a growing community with perks such as exclusive access to our members-only meet ups. Jay Suites also offers virtual office plans & meeting room and day office rentals on a per hour or day basis. For leasing inquiries, please call (212) 569-9000 or visit http://www.jaysuites.com.

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