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Tech Startup Network Appears Recession-Proof; Signs 21 Tenants at Five Locations

NEW YORK CITY-A high-tech version of the short-lived Web-incubator concept that sublets turnkey office space to small tech companies signed 21 new tenants at its five locations in July and the 40,000-sf space here is fully leased.

By Glen Thompson | Updated on August 11, 2001

NEW YORK CITY-A Greenwich Village-based facility that offers short-term subleases of furnished office space to small firms added 21 new companies to its five-location network in July and its two-floor, 40,000-sf New York facility is fully leased.

A TechSpace lease, called an agreement at the 4-year-old firm, starts at three months and runs for a year at most, according to chief marketing officer Rob McQueen. Tenants, referred to as members, choose office space based on the number of workstations they require, and make selections from a menu of fee-based services.

“We lease the building the then we sublet flexible space to the members,” McQueen tells GlobeSt.com. “As members, they not only have space and services here, they have the same for all our other locations.”

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