Welsh Staff Move Out of Chrysler Building Offices
As part of a review of overseas offices by the Welsh Assembly Government, staff based in New York are set to move out of their offices in the iconic Chrysler Building in favour of cheaper space on Third Avenue.
The landmark building is currently home to eight members of staff, but has cost the taxpayer a reported sum of ┬ú1.97m throughout 2009-2010 in office costs. The move is expected to save ┬ú62,000 over the next six months.
The team moved into the landmark office in 2004 in order to boost WalesΓÇÖ international profile with American business, both to persuade US firms to set up businesses, and to encourage more holidaymakers to visit the country.
“This move is a win-win situation, strengthening our ability to attract investment and business to Wales and save money,” said Deputy First Minister Ieuan Wyn Jones, according to the BBC. “It will make our overseas operations more effective, allowing staff to work more closely with UK trade and investment teams which are also based in the British Consulate buildings. It also means a more effective use of our resources given the current economic climate.”
The office has reportedly worked with major global businesses including Amazon, Virgin Atlantic, IBM and Conduit.
Shadow Economic Development and Transport Minister Darren Millar commented that the “luxury base” was a surprise for many people in Wales, when the costings were revealed.
“Given that many people in Wales are finding it hard to make ends meet people were surprised that such a luxury base was used for government officials in the United States,” he commented, according to Wales Online.
He added: “It is important that we have a presence in the US because we need to attract companies to Wales and win overseas markets, but establishing one in such a prestigious piece of real-estate in New York was astonishing.
“It was time they woke up and smelled the coffee that we donΓÇÖt have the cash in the public sector to fritter away on such premises.”
The 77-floor art deco Chrysler Building is located on Lexington Avenue, near Grand Central Station, and reaches 1048 ft. One of Manhattan’s most recognisable landmarks, the skyscraper was the world’s tallest building for just short of one year, before it was surpassed by the Empire State Building in 1931.
Two floors of the impressive Chrysler Building are available to rent as serviced office space. Find out more about the Chrysler Building and search for office space in New York online via our US office search website.