LEGAL CORNER: NYC Passes the FARE Act and Restricts the Payment of Commissions by Tenants
The real estate industry has expressed concerns regarding the potential repercussions of the FARE Act.
HARRISON—Daybase, a hybrid work company, held an opening ceremony on July 25 for its first Westchester location in Harrison.
The founders of Daybase were joined at the event by Harrison Mayor Richard Dionisio, along with members of the Harrison Town Council, Harrison Planning Board as well as Westchester County Executive George Latimer and Deputy County Executive Ken Jenkins for the opening ceremony and tour of the new space, located at 326 Halstead Ave. The new office is located on the ground level of the AvalonBay apartment complex.
The 5,000-square-foot street-level retail space offers members a variety of space types, both bookable and unassigned, designed for individual and group work activities. The spaces are available completely on-demand, with bookable spaces reservable by the hour through the Daybase mobile app.
The company, launched by a team of former WeWork executives, is developing a network of its on-demand locations in neighborhoods and communities across the country, to create a purpose-built third space, between home and the office, for the post-pandemic hybrid or remote worker.
“We created Daybase for the times when your office is too far, but home is too close,” said Daybase CEO Joel Steinhaus. “Not only does Westchester County have a vibrant economy in its own right, it is also home to thousands of Manhattan office workers who used to commute into New York City five days a week. Now fewer than 10% of Manhattan office workers are commuting all five days of the workweek, but that group needs a more conveniently located, professional-grade place to get work done. We loved Harrison because it is centrally located among the Westchester towns and communities.”
“To have Daybase, a hybrid working facility, available in Harrison will be a great opportunity for our residents and those who work remotely to connect and network with their neighbors, colleagues, local business people and entrepreneurs. We are thrilled to have a designated co-working space in town and this will be a great addition to Downtown Harrison and local businesses alike,” said Harrison Supervisor/Mayor Richard Dionisio.
Partnering with AvalonBay Communities on the new location, Daybase is responding to the growing demand for flexible workspace within multi-family, mixed-use, and retail developments across Westchester and the country.
“We are excited to welcome Daybase to Avalon Harrison,” said Jeff Topchik, Vice President of Retail for AvalonBay Communities. “Daybase’s model of creating a localized option of high-quality, professional-grade coworking space aligns with our vision of providing an amenity-rich environment for our residents to work, live, and experience. Daybase is a fantastic addition to our community.”
“Daybase and AvalonBay are a perfect match for each other,” said Ken Biberaj, Corporate Managing Director of Savills North America and Daybase real estate advisor. “Given the growth of hybrid and remote work as well as the need for quality housing across the country, this first engagement opens the door to an obvious broader strategic partnership nationwide. We are proud to have helped bring these two great players together.”
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