Big Location, Small Footprint: Pereg Ventures Lands Near Bryant Park

Building

110 West 40th Street

Lease Term

5 + Years

Lease Type

New Direct Lease

Delivery Condition

Turn Key

The Challenge

Pereg Ventures was looking to upgrade its office without dramatically increasing its footprint. The company wanted to stay under 1,000 square feet, but it also wanted something that felt more permanent and professional than a typical coworking or flexible-office environment.

The challenge was finding a smaller office that could deliver a high-end experience without requiring the company to pay for more space than it needed.

The Solution

The search led Pereg Ventures to 110 West 40th Street, a boutique office building just steps from Bryant Park.

The space offered the right combination of size, quality, and location. It provided a move-in-ready environment that gave Pereg Ventures the polished feel of a traditional private office while maintaining the efficiency of a smaller footprint.

The building proved to be a strong fit for a company looking to make the jump from flexible office space to a more established home without taking on unnecessary space.

The Outcome

Pereg Ventures secured a 5+ year direct lease for a high-end, sub-1,000-square-foot office in a prime Bryant Park location.

The result was a private, professional space that gave the company an upgraded presence while keeping its footprint and real estate commitment aligned with its needs.