The Lightstone Group, one of the largest privately held real estate companies in the U.S., has joined with the New York City Economic Development Corporation (NYCEDC) and donated office space to businesses affected by Hurricane Sandy.
Lightstone will make available 11,000 square feet of space in 1407 Broadway through a City program to help businesses that had their offices damaged in the hurricane and need a location to temporarily set up shop.
“We have seen so much devastation throughout New York City since Hurricane Sandy hit,” said David Lichtenstein, Chairman and CEO of Lightstone. “We wanted to do something meaningful, and felt it was important to donate office space to help businesses get back online.”
“We thank The Lightstone Group for their generous donation of much-needed office space,” said NYCEDC President Seth W. Pinsky.
“This contribution will help impacted New York City businesses get back on their feet and contribute to our City’s economic recovery and future growth.”1407 Broadway is a 42-story, 1.1 million-square-foot building located just south of Times Square and close to Herald Square, Grand Central Terminal, Penn Station, The Port Authority and numerous subway lines. It spans an entire city block and is considered one of architect Ely Jacques Kahn’s greatest works.
For information about this or other office space donated, go to: http://www.nycedc.com/donations.