NEW YORK CITY-The architecture firm Arte New York has renewed its lease and doubled the space it occupies at 265 W. 37th St. in a deal brokered by Colliers International.
Arte New York principal Fara Marz is also the founder of Om Factory, a yoga and event center that operates out of the space. Marz tells GlobeSt.com that the expansion—from 15,000 to 30,000 square feet—was due in large part to a need for more yoga and event space and the needs of a subtenant.
“We’re staying the same, but we have someone who shares the space,” Marz says of that tenant, a tech firm. “We are moving to the 12th floor. The tech firm is growing and we are giving our space to them.”
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