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Deals & Dealmakers

Stark Office Suites Extends Its Commitment to the New York City Small Office Space Market with Investment in One Grand Central Place

In 2004, Adam Stark parted ways with the finance industry to get into the full-service office space business. His friends and family thought he had taken leave of his senses,
leaving behind a successful career on Wall Street. But always an entrepreneur at heart, Mr. Stark realized the importance of helping businesses to succeed not only through networking and entrepreneurship but by providing office space for small businesses and professionals who didn’t want the commitment of maintaining a traditional office and staff.

And at present, after battling the jarring effects of Covid in business and commerce, those same friends and family were wondering why Adam Stark would even want to invest in New York City at all. Mr. Stark knows that the region is rebounding from the pandemic. And New York City has always been and will continue to be a vital place to conduct business. Many people want to return to the office, and while these last two years have accelerated the transition to the hybrid remote model, there remain numerous advantages and benefits to having physical private office space to do business, meet clients and prospects in person, collaborate and bond with team members.

Thus, in conjunction with a long-term lease extension, Stark just completed a 6-month renovation of its offices in the tower of One Grand Central Place. The executive suites are on the 40th, 46th , and 47th floors of One Grand Central Place, and feature remodeled reception areas, kitchenettes, and conference rooms spanning over 38,000 sq feet. The 77 offices and 34 workstations reflect the highest standards of excellence in a professional business atmosphere. The offices have state-of-the-art technology, and fiber optic services that support the business community through collaboration, networking, and success. And then there is the view- breathtaking and unobstructed vistas of New York City.

Mr. Stark also has offices at 110 59th Street, which were upgraded in 2018, in addition to the Grand Central location in midtown Manhattan. Mr. Stark says that his New York City offices have always been among the most sought after. He recently extended his lease into 2039 – and with the New York area market for small office space continuing its recovery, the time is right for committing to One Grand Central Place. “New York City continues to remain economically vibrant and, strategically, vital for small business
growth as we emerge from the effects of Covid and look to the future of the office space environment,” said Adam J. Stark, President of Stark Office Suites. “Renovating the iconic One Grand Central Place offices was a natural step in our growth program for the region.”

With 13 locations in the greater New York City area- including Westchester, Long Island, and Connecticut, and with 1,500 clients served, Stark Office Suites thrives by offering its clients the “Stark Difference,” premium, fully- equipped office space, and service that blends the strengths of a larger organization with the personal touch found in a locally-owned and operated company.

“Stark Office Suites enables me to provide my clients with big firm service and style. The back office offers high-quality support and state-of-the-art office equipment, reception, 24-hour answering service, and more”, said Joan L. Greenberg, Esq. a Stark Office Suite client for over 12 years “One Grand Central is a premier location in Midtown Manhattan, with spectacular views and all. I cannot thank the Stark team enough for their continued support.”

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