New York Offices

We’re searching for an office right now in New York and it’s been more difficult than we’d like. Our current space just doesn’t work for the team right now and they are also shutting down this summer.

We initially had thought that we wanted to move to another co-working space temporarily. This would give us time to figure out a longer term lease. And also give us flexibility to grow up or down as needed. I also had hoped to fix our call room issue with multiple smaller offices.

We quickly nixed this plan once we saw just how much a coworking room cost. The flexibility is nice, but getting a 10 person office would cost almost double just signing a lease. In addition, the lease terms weren’t all that much flexible compared to a permanent space.

So now we’re looking for 1-2 year leases in more permanent office space. That comes with it’s own downsides of course. We usually have to furnish the office and it also comes with additional costs such as electricity, cleaning, and building taxes. But at the end of the day, it’s a more economical solution for us.

We’re also now facing the debate of staying in the Flat Iron which is one of the most expensive and desirable areas or moving towards a more traditional office center such as FiDi or Midtown which is less desirable.

Lastly, we also face the debate of just how much this team will grow. We’re looking for spaces with 15, but we’re also worried that the space will quickly get crammed once we get to that magical 15 number and then we’re locked into a 2 year lease.

Ultimately, the only easy solution is to throw a lot of money at it which we won’t do. So we’re doing our best to be patient and smart in order to find the right space knowing there won’t be a perfect solution and there will be issues with nearly anything we choose.