Lower Manhattan Gets First Full-Service Office Building

By Corina Stef

101 Greenwich interior, New York City

Cove Property Group and Bentall Kennedy are ready to wrap up the redevelopment and repositioning work at 101 Greenwich in downtown Manhattan. After acquiring the 480,000-square-foot office building formerly known as 2 Rector St., in March for a record price, the owners are nearly ready to unveil the borough’s first full-service office building.

Multitasking tenant

Workplace hospitality provider Convene has already leased 58,000 square feet of space across three floors. The firm will also design and manage a series of amenities and hospitality services at the building, such as on-demand meeting and event space, flexible-term workspace, a microbrew coffee shop, curated in-building programming to foster community among tenants, as well as food and beverage services, all connected through a smart building mobile app.

101 Greenwich interior, New York City

The Class A property has 26 floors and is situated at 101 Greenwich St. The asset features a new secured lobby, dispatch elevators, upgraded restrooms and state-of-the-art building systems. It also includes new pre-built suites ranging between 3,100 and 6,600 square feet, in addition to 19,000-square-foot full floors.

“The workplace of the future is about choice, flexibility and experience. Today’s top talent is requiring office environments that motivate and inspire them, and what talent wants, is what tenants need, is what landlords must build. We are thrilled to partner with Cove Property Group to anchor 101 Greenwich, the first ‘lifestyle’ commercial office building focused on delivering a workplace experience powered by the next generation of hospitality, technology and amenities in lower Manhattan,” Convene CEO & Co-Founder Ryan Simonetti said in a prepared statement.

JLL’s Mitchell Konsker, Scott Cahaly, Clayton Kline and Kyle Young are the brokers handling the building’s leasing services.

Images courtesy of Convene