While Midtown Manhattan and Downtown Manhattan are unquestionably the two largest and most influential central business districts in New York City, they’re not necessarily attractive for every type of business out there. Indeed, many startups, creative services firms and tech companies are looking for somewhere that’s trendier and edgier, more conducive to their ethos. One neighborhood that always draws in companies like these is SoHo.
Although it lacks a large concentration of Class A office space and direct access to regional and intercity rail lines, SoHo has found its niche as a hotbed for tech and creative-minded companies in a wide array of sectors. It’s cool vibe and prime location halfway between the Financial District and Midtown make it a very attractive option for firms seeking a neighborhood that’s not your typical suit-and-tie, staid business district. Here’s a quick look at why it might be a good choice for your business!
Creative, Trendy Appeal
SoHo’s trendy, creative vibe is perhaps its biggest draw for companies in sectors such as digital marketing, fashion, technology, startup firms and the like. These companies thrive off the fact that the neighborhood precisely isn’t the Financial District or Midtown, giving off a cool vibe and creative energy that can’t be found in a traditional central business district. For companies seeking a location that’s edgy and creative, this neighborhood is the one to beat!
Flexible Office Inventory
In addition to its creative, youthful energy, the neighborhood also boasts a large and flexible office space inventory, punctuated by its open-floored, 19th century cast-iron lofts. Although the neighborhood has next to nothing in terms of modern Class A office space, its flexible office building stock, abundance of open floorplans and flexible office designs make it perfect for fast-growing, creative-minded companies in fields such as technology, advertising, fashion and the like.
Convenient Location with Abundant Transit Options
Finally, SoHo also offers a very convenient location about halfway between Midtown and Downtown Manhattan that’s also accessible from Brooklyn and riverfront cities like Hoboken and Jersey City. The neighborhood also offers extensive transit options courtesy of the 1, 2, 4, 5, 6, A, C, E, N, R, Q and W trains as well as numerous bus stops. It’s also just a brief subway ride from Grand Central Terminal, Penn Station and the Port Authority Bus Terminal uptown.
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