One of the city’s largest flex-office providers is shuttering its location at the Empire State Building. Virgo Business Centers will be closing its workplace at the iconic skyscraper at the end of May when its lease expires, sources told The Real Deal. “Their term is up,” Empire State Realty Trust CEO Tony Malkin wrote to TRD via email. “Their business model cannot support the market rent.” A representative for Virgo Business Centers could not be
source https://therealdeal.com/2020/04/24/empire-state-buildings-flex-office-location-shutting-down/
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