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Yardi Kube automates flex and coworking operations
Home News Coworking

Industrious Signs Partnership Agreement For New York City Location

Industrious will take over a former WeWork space after it signed a new partnership agreement with The Sapir Organization at 261 Madison Avenue.

Aayat AlibyAayat Ali
November 16, 2021
in Coworking
Reading Time: 1 min read
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Industrious Signs Partnership Agreement For NYC
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Real estate investor and developer The Sapir Organization has signed a new partnership agreement with Industrious. 

The Sapir Organizations has signed a ten-year lease to take up 43,874 square feet at 261 Madison Avenue in New York City. 

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Industrious will occupy the ninth and tenth floors, which were once occupied by WeWork. 

The renovated space will feature open floor plans, collaborative workspace, and more. 

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“New York City is an exciting market for coworking as many small and mid-sized companies are looking for solutions to their return-to-work plans,” said Doug Feinberg, Senior Director of Real Estate at Industrious. “The demand for flex office space is apparent in the city, so we are excited to partner with The Sapir Organization to open our twelfth location in New York City to date.” 

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Aayat Ali

Aayat Ali

Aayat is an editor for the Daily Digest based in Lexington, Kentucky. She has worked with local coworking spaces since August of 2017 and enjoys taking her firsthand knowledge to write about the fascinating, constantly evolving world of flexible workspaces.

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