You can view profiles of companies that provide flexible office spaces in Manhattan here – as opposed to leased offices, space is held on short-term contracts and the office rental fee is inclusive of overheads such as utilities, cleaning, waste management, reception services and so on.
The two-pronged expansion effort will see office space readied for around 260 people on Broadway in the heart of New York City and for a further 200 new staff on Market Street, close to Union Square in downtown San Francisco.
See an example of a Regus flexible office space on Market Street in San Francisco here
Macy’s also owns and runs the equally well-known Bloomingdale’s company and it is hoped that the new office space in New York and California will help make the retailer’s online, in-store and mobile shopping a more integrated experience for its customers across America.
Deals have already been agreed on the floor space for Macy’s employees in New York but negotiations are also ongoing about the possibility of Bloomingdale’s adding to its office presence in Manhattan over the next few months.
“Macy’s Inc is building one of the largest, most efficient and resourceful e-commerce organizations in American retailing as part of our comprehensive ‘omnichannel’ strategy,” commented Terry J Lundgren, the company’s chairman, president and chief executive.
“Having the right talent in the right place is vital as we seek to sustain and accelerate our sales growth online, as well as in the stores,” he added.
As well as in New York and San Francisco, Macy’s also has over a thousand systems and technology staff operating out of office space in Atlanta, where a further 200 positions are expected to be created over the next two years.
Office space in Midtown Manhattan is among the most sought-after in America and the commercial real estate analyst Colliers International recently predicted that demand will increase across the island during 2011.
Editor’s notes: As of July 2023, it appeared that Macy’s rented 638,921 square feet of office space at 11 Penn Plaza, however, tt was reported that Macy’s was not in occupation having moved its headquarters to Long Island City.
In 2020, it was announced that Apple had agreed on a deal where it would sublet 220,000 square feet of space from Macy’s.