Quote:
Originally Posted by TechTalkGuy
 Tax breaks are only one benefit.
Image and prestige are also very important elements.
This complex will be located to the west of the iconic Empire State Building.
What this means is that prospective tenants will enjoy the front row on the Midtown skyline while also having the Empire State Building behind them.
Print THAT image on your business cards!  |
I'm sure that plays a part, but any reasonably tall building in the city will have a pretty stellar view of the ESB unless it's view is somehow obstructed by another building.
We're all the way in lower Manhattan, probably about 600 feet up (give or take) and have a spectacular view.
I think the most important things for tennants are:
1) The right amount of space.
2) The right floor plans for your company (trading floor, etc)
3) Transportation
4) Amenities in the building/area for your employees
I'm sure somewhere in there is prestige of your location, but I think for most companies at the end of the day finding a workable space for their business to grow is far more important than a snazzy view of an office building.
I have friends that work in WFC and they absolutely hate it. It is by all rights a nice complex, but it's cut off from the rest of lower Manhattan, a 15 minute walk from the subway and one of the tennants keeps imposing security measures that cuts them off from the food court which is mostly vacant at the moment anyway.