eEMERGING SPACE

We then hopped over to 440 Ninth, where SL Green started eEmerge in '99 to incubate tech companies during the dot-com boom. SL Green's Alexandra Bogen and James Kleeman tell us that the 60k-SF space now hosts a variety of 40 tenants, including Internet start-ups like Blogher and mio.tv to law and entertainment firms. Right now, the building is home to the support staff of Jennifer Aniston's new movie, The Baster, which is currently filming. (No Jennifer sightings that day, however).
Alexandra told us that its biggest competition now is sublease space, but many tenants don't realize that executive suites are just as (or even more) affordable than traditional space. eEmerge space comes with all the typical office amenities, such as mail service, IT, meeting rooms, and comes with the added bonus of a tenant-accessible terrace. The unique mix of tenants has also led to JV partnerships and even a company acquisition between tenants, James adds.
eEmerge's 28 W. 44th offers the same amenities as the Ninth Avenue location, but the 30k-SF space, now home to 35 companies, tends to attract the more conservative legal and financial industries crowd. Here, SL Green's Rachel Cohen shows off the kitchen and lobby area. Once the tenant grows too big for its space at eEmerge's buildings, she says, SL Green will then help it find a space among the rest of the company's Manhattan portfolio.

Continue reading this story with a free account

Log in or register
Related Topics: James Kleeman
Sign up for more articles like this
Subscribe to Bisnow's New York Newsletters
Related Stories

Federal Government To Sell Nearly 31K SF In Five Points: The Denver Deal Sheet

Avison Young Had Assets Frozen By Bank Over Unpaid Taxes

Artificial Intelligence Companies Reshaping Dublin Office Demand As OpenAI Confirms HQ

Mars Factory Overhaul Stalls As Candymaker's Chicago Expansion Accelerates

Camden Property Trust Sells West Coast Portfolio, Clears $1.5B Target

How Long Island Projects Can Cut Through Red Tape And Community Opposition To Cross The Finish Line

Empire State Building Observation Deck Hemorrhaging Visitors, Value

Cortland, Pulte, INVH, Walker & Dunlop Execs Talk Changing Demographics, AI

America's War Machine Is Growing, Sparking A Defense Real Estate Boom

Boca Raton's New Leaders Throwing 'All Kinds Of Curveballs' At Developers

Slate, Hudson Cos. Picked To Develop Massive Queens Housing Project

BXP's 343 Madison Lands $1.2B Loan, Nears Deal With Equity Partner