SJP Properties Signs Retail Lease with Bluestone Lane Coffee Shop at Eleven | X

NEW YORK CITY – SJP Properties today announced that it will soon welcome fast-growing artisanal coffee shop Bluestone Lane as the newest retail tenant of Eleven | X. Situated at the gateway to Manhattan’s new West Side, the state-of-the-art, 1.1 million-square-foot LEED-Gold-certified office and retail tower is owned by SJP Properties in partnership with PGIM and Norges Bank.

With locations throughout New York City, New Jersey and Philadelphia, Bluestone Lane will take occupancy of its new, 2,500-square-foot space at Eleven | X this summer. An Australian-style café inspired by Melbourne’s renowned coffee culture, Bluestone Lane was represented in its lease by John Krieger of RKF, while building ownership was represented by Josh Strauss and Scott Zinovoy of RKF, the exclusive retail leasing agent of Eleven | X.

Strategically located in a transportation hub at the intersection of Eighth Avenue and 42nd Street, Eleven | X is among the most technologically advanced buildings ever built in Manhattan. The building is anchored by Proskauer and Microsoft, in addition to housing an illustrious and diverse roster of tenants across the financial, technology, legal, and media industries, serving as a testament to its broad tenant appeal.

“Welcoming Bluestone Lane to Eleven | X is a continuation of our commitment to ensuring that this building offers tenants a world-class environment complete with the infrastructure and amenities that they need to attract talent and provide employees with a superior work-life experience,” commented Steve Pozycki, Founder and CEO of SJP Properties. “Occupying a highly visible corner, Bluestone Lane will benefit from this neighborhood’s established corporate base, strong foot traffic and unparalleled transit access.”

From its LEED Platinum-level indoor air quality and highly efficient glass curtain wall to its innovative and precedent-setting concrete core construction that protects the building’s critical infrastructure and provides enhanced safety, Eleven | X affords the latest in cutting-edge technology, security and energy-efficiency features.

The building’s premier concierge-level services include a high-tech, state-of-the-art elevator dispatch system that minimizes tenant wait and is integrated with the building’s security system; an advanced visitor check-in system; a large, secured, fully efficient loading dock; and a messenger/mail center and delivery area specifically designed to maximize ease of use by tenants. The building’s highly efficient office space features floor-to-ceiling windows and column-free corner offices, as well as multiple private terraces.

Situated immediately north of The New York Times building, Eleven | X helps to define the western gateway to the 42nd Street/Times Square business corridor. Since the mid-‘90s, the neighborhood has been the beneficiary of a significant migration in the tenant population in Midtown toward the West Side of Manhattan.

The building’s location directly across from the Port Authority Bus Terminal, with direct access to numerous subway lines, places it squarely within the foremost transportation hub in Manhattan. The tower also offers convenient access to the numerous signature restaurants, world-class hotels and entertainment and shopping venues that characterize Times Square as an iconic neighborhood.

 About SJP Properties

SJP Properties is a vertically integrated commercial and residential real estate developer, investor, asset manager, construction manager and property manager. The expertise of the company’s core in-house team of professionals encompasses the entire development process, from site selection through coordination of tenant move-in for large multi-phase office complexes as well as for individual tenant build-out projects. SJP is a recognized leader in the development of build-to-suit office and mixed-use developments on behalf of a long-list of leading corporations, including Panasonic Corporation of North America, Prudential, BMW, Sanofi, Tiffany’s, Ingersoll Rand and Bayer. The company’s leadership has established relationships with many of the industry’s leading investors and financial institutions, providing unparalleled access to capital.

For over 30 years, SJP has sustained an unblemished track record of success, having completed every project on time and within budget. For more information, please call 212-335-2200 or visit www.sjpproperties.com.