Park Avenue Business Center Helps Growing Businesses Compete

NEW YORK, July 22 /PRNewswire/ -- Continuing to expand its offering of flexible workplace solutions that are aligned with the needs of growing businesses, Regus has opened a new business center at 250 Park Avenue in Manhattan.

Regus has rapidly established a leadership presence in New York City by helping businesses of any size compete effectively through more scalable, cost effective solutions. "We are receiving numerous inquiries in the New York area as the economy gains momentum," said Regus' East Region Vice President Donna Scott.  "An uptick in new business start-ups and market expansion is increasing the demand for office space with flexible terms that support an array of business needs."

Since the fourth quarter of 2006, Regus has opened six new business centers in New York City and has several additional openings planned for the coming year.

New York City is home to thousands of entrepreneurs and small businesses and 42 of the Fortune 500.   Under Mayor Michael Bloomberg and the New York City Economic Development Corporation New York has intensified its commitment to creating a business-friendly environment that encourages start-ups as well as growing firms exploring new markets.  As part of its Five Borough Economic Opportunity Plan, the city continues to invest in core industries like financial services, media, and fashion, and in emerging sectors like bioscience and green technology.  

Regus is also committed to doing it's part in supporting the local economy by providing cost-effective workplace solutions to help companies across all sectors. "We've recently provided two local entrepreneurs with free offices through our Win an Office Sweepstakes.  The winners, one from a non-profit organization and another from a technology company are taking full advantage of their premier office space.  We're happy to help two small business owners grow their business without having to worry about costly office space."

The Regus center at 250 Park – the firm's eighteenth location in the city – offers a world-class business address. The center is minutes away from Grand Central Station.  It offers flexible terms on fully furnished private offices, meeting rooms and virtual offices.

Customized programs provide additional resources to suit the special needs of each client.

About Regus

Regus, the world's leading global provider of innovative workplace solutions with 1,100 locations in 500 cities and 85 countries, offers products and services ranging from fully equipped offices to professional meeting rooms, business lounges and the world's largest network of video communication studios.

For more information please visit www.regus.com.

SOURCE Regus

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