NEW YORK CITY-Technology firms, often with a small headcount and in their early days, are finding ways to affordably rent space in Midtown, according to a new report by ABS Partners Real Estate, released exclusively to GlobeSt.com.

In fact, technology firms and other start-ups are spreading out across the city, with each of the three submarkets offering a different set of enticements, ABS director Ashkan Zandieh, tells GlobeSt.com.

Midtown is seeing more small to mid-sized tech titans contract for class B space, allowing these cash-strapped companies to sit in the city's epicenter without getting in over their heads financially, he says.

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Rayna Katz

Rayna Katz is a seasoned business journalist whose extensive experience includes coverage of the lodging sector, travel and the culinary space. She was most recently content director for a business-to-business publisher, overseeing four publications. While at Meeting News, a travel trade publication, she received a Best Reporting award for a story on meeting cancellations in New Orleans during Hurricane Katrina.