Executive Suites in New York City: Pros and Cons « The Office Space Guys | Everything You Need to Know About Finding and Leasing Office Space in New York City
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Executive Suites in New York City: Pros and Cons
February 4th, 2012

PROS

  • Plug and play – executive suites offer the ultimate flexibility
  • Receptionist available
  • Internet and phone set up for you
  • Desks, bookshelves and other furniture already there
  • Conference rooms available to you
  • Interaction with other small business people
  • IT people on call
  • All expenses built into the rent
  • Built in networking
  • No commitment needed, no long lease to sign
  • One month leases available
  • Easy to move if business is bought or grows quickly

CONS

  • Nothing actually belongs to you
  • No choice of furniture, phone company, internet, etc.
  • Receptionist also works for other clients in the space
  • Expensive rent – the landlord is renting space, chopping it up, and then charging a higher price for it
  • Long term leases generally not available
  • You don’t work with your own people to fix things – the operator of the facility has their people and you have to do things on their timeline
  • Lots of people around means shared conference rooms that are fist come first serve.
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