THE PLAN

300 Park avenue south

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Its a rectangle, high ceiling. It does have that cool, lofty feel thats become so sought after these days, Mr. Nahmias said. The space, with its 12-foot-high ceilings, represents a move away from the typical office layout and toward open space that fosters collaboration and creativity, he added. Though they share it with another tenant, the setup of the floor creates the illusion of exclusivity. While INET doesnt occupy the entire floor, when youre off of that elevator, which leads to the 22nd street side of the building, it very much feels like youre walking into an exclusive floor, Mr. Nahmias noted. Youre coming right off the elevator and more or less going directly into INETs space.

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n its search for new office space, the Institute for New Economic Thinking was looking for a next-generation environment with open ceilings and a light, airy environment that fostered collaborative thinking. An economic think tank founded by fund manager George Soros, Research in Motions Jim Balsillie and William Janeway of Warburg Pincus, INET has office locations worldwide. It found what it was looking for in a 7,100-square-foot space on the fifth floor of Rockrose-owned 300 Park Avenue South, recently renamed the Creative Arts Building. Mikael Nahmias, senior managing director at Cushman Wakefield, who worked on the deal, spoke with The Commercial Observer about INETs New York headquarters.
INET will occupy the majority of the floor on the 22nd Street side, Mr. Nahmias noted. There are going to be a few offices. The centerpiece of the floor is probably the conference room, where they have guest speakers that transmit to other locations across the world, he said. The speakers will include some of the worlds top economists, and their lectures will be broadcast to INETs other offices in Europe and Asia, he added.

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The building at 300 Park Avenue South has two cores, Mr. Nahmias said, with the core for the other tenant represented by the gray area on the plan. The elevators for the second core lead to the Park Avenue South side of the building, Mr. Nahmias added. Theres two lobbies into the building, and theres two tenants who share that lobby.

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While the office has views in two directions, the floor plate has light on three sides, according to Mr. Nahmias. Its not a deep plate, and there is a high ratio of perimeter to interior, and theres the two sides of light that are coming into this space, he said. And then all those few partitions that you do see are going to be glass, for the most part.

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26|August 21, 2012|The Commercial Observer