Conference room provider takes 36K sf at Durst’s 114 West 47th Street
Convene, an event venue hosting company, inked a lease for 36,000 square feet at Durst Organization’s 114 West 47th Street in Midtown.
The firm’s flagship will have its own lobby and address at 117 West 46th Street.
Convene will use the ground, second and lower levels, which has capacity to hold 500 people, for events.
The space features stage lighting, digital signage, high speed Wifi, and audio and video technology, the New York Post reported.
Asking rent for office space at the 25-story, 565,000-square-foot building was $68 per square foot. Asking rent was $200 per square foot for the ground floor, the Post reported.
According to its website, Convene also leases space at 32 Old Slip, 237 Park Avenue, 101 Park Avenue, 810 Seventh Avenue and 730 Third Avenue. It also has locations in Washington, D.C.
CBRE’s Jared Freede, Rocco Laginestra and Michael Wellen represented Convene in the deal. Tom Bow and Rocco Romeo represented Durst in-house. [NYP, 4th] — Dusica Sue Malesevic
Source: The Real Deal