340 Madison Avenue to Get New Property Manager
RXR Realty LLC recently announced it is under contract to purchase an interest in the property located at 340 Madison Avenue. This fully modernized Class A office building, located in the Grand Central market, occupies the full block front of Madison Avenue between 43rd and 44th Streets. It is one of the few modern assets in an area dominated by older office buildings.
RXR Realty LLC is a leading real estate operating company in the New York Tri-State region and will purchase their interest from D.E. Shaw Group. Broadway Partners will retain a 51 percent interest in 340 Madison Avenue. RXR will partner with Broadway Partners to serve as co-asset managers, while RXR is anticipated to assume day-to-day management of the property. In addition to high value tenants such as McDermott Will & Emery, Mass Mutual, PNC and SunGard, 340 Madison Avenue is also the home to one of Regent Business Center’s New York executive office centers.
For more information on RXR’s purchase of interest in 340 Madison Avenue, click here.
The Unquestioned Importance of Social Media
Have you ever questioned the impact of social media on business, networking or your personal life? Many of us have probably wondered if Facebook, Twitter, YouTube, Yelp or other social media sites were just a passing fad or if they had real staying power. Well, wonder no more. Here are some powerful statistics about the influence and staying power of social media.
- Over 50% of the world’s population is under the age of 30.
- 96% of millennials have joined a social network.
- 1 out of 8 couples married in the U.S. last year met via social media.
- If Facebook were a country, it would be the world’s 3rd largest.
- Weekly traffic on Facebook in the U.S. tops weekly traffic on Google.
- Facebook added over 200 million users in less than a year.
- iPhone applications hit 1 billion in 9 months.
- YouTube is the second largest search engine in the world.
- There are over 200,000,000 blogs.
With the undeniable impact of social media, now is the time to embrace its possibilities and explore the ways social media can enhance how you communicate with your customers.
Source: Social Media Revolution 2, 2010
What’s New with Avanta, Regent’s UK Partner?
Avanta, Regent’s UK shared office partner, has been busy over the past few months advancing their menu of options available to clients. As the source for shared office space in England and India, Avanta is looked to for industry leading innovations related to managed offices, technology and client support.
Recent changes that both Avanta and Regent clients may take advantage of include:
New Avanta Website.
With simplified navigation, the new Avanta website enables visitors to easily locate the office space, meeting rooms and virtual office solutions they require with fewer clicks and less hassle. The Avanta team worked to increase content, as well as make that content easier to understand, use and access.
Along with an easier to navigate and use website, Avanta has an active social media community. You can interact with Avanta via the Avanta Exchange, their YouTube channel, on Twitter and on Facebook.
Increased Occupancy in India.
Avanta recently announced it has reached 75% occupancy of its Statesman House business center in New Delhi. As a high growth area for the international business community, Avanta is proud to offer prime office space in this high demand location in India.
Free Upgrade to Larger Meeting Rooms.
New clients can upgrade to a larger meeting room until May 31, 2010 free of charge. Setting the right impression is important in business and having a proper sized meeting room is part of setting the right impression. Avanta conference rooms have state of the art technology and combine modern designs with the latest technology for your comfort. Restrictions apply.
For meeting space in the UK, contact info@avanta.co.uk and use the code UPGAV1.
For meeting space in India, contact info@avanta.co.in.
Avanta Raises Money for Charity.
We are also proud to recognize the hard work of the Avanta team as they raise funds for the children’s medical charity, Sparks. Their charity quiz night attended by members of the Avanta team in London raised £520 for this very important charity. Sparks has as its mission to “help all babies be born healthy and stay healthy.” They raise money to fund “high quality medical research into childhood diseases including pre-eclampsia, spina bifida, neuroblastoma, Leukemia” and other childhood ailments. Congratulations to the London team on this latest effort to raise money for this very worthy cause!


