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December 12, 2018
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Premier Business Centers Acquires Its First Location in NY City


Premier Business Centers®, the big Irvine-based flexible workspace operator, has acquired its first location in the state of New York by purchasing Prime Office Centers’ 521 5th Avenue location in New York City. The building is in a very prestigious area on 5th Avenue, located steps away from Bryant Park in Midtown Manhattan. The center was recently remodeled, but Premier intends on making additional improvements to the space.

The Coworking center is comprised of the entire 17th floor (16k sf) in the 39-story building. With this addition, Premier now has a presence in 12 states across the country.

Located between E. 43rd St and E. 44th Street, the 521 5th Ave building provides a prestigious and professional environment centrally located in the heart of Midtown Manhattan. This desirable location is two blocks west of Grand Central Terminal and two blocks east of Times Square. It provides ideal access to 18 subway lines including, Penn Station and the Port Authority Bus Terminal. There is an Equinox Fitness Club and an Urban Outfitters on the ground floor in the building. The building also is LEED Gold and has operable windows.

Formerly known as the Lefcourt Building, this classic skyscraper was built in 1929 and designed by Shreve, Lamb & Harmon Associates. Premier Business Centers’ shared workspace includes 51 private turn-key offices and mini-suites, three appointed conference rooms, and a lounge/co-working area. The plug-n-play workspaces range from 88 sf to 240 sf, providing a comfortable environment for one to six people per office.

Premier’s 521 5th Ave workspace offers an onsite professional manager and team, dedicated workspaces, boardrooms to host your meetings, and a prestigious New York City virtual office address. To learn more about this space, go to: Premier Business Centers Midtown Manhattan.

“We have been looking for a coworking center in Manhattan for several years and finally found the perfect opportunity to break into New York City,” stated Jeff Reinstein, CEO of Premier Business Centers. Furthermore, he stated, “This is a great center in a highly desirable location with operable windows and a very prestigious address.”

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