Convene is deepening its relationship with RXR , partnering the property developer to co-design and manage invite only Club 75 at New York ’s 75 Club 75 , where it also leases 530 Fifth Avenue ft. July the flexible workspace operator signed its largest lease in the city for 116,000 sq ft of space at RXR owned 530 Fifth Avenue . Owner Scott Rechler, chief executive and chairman of RXR Realty, partnered with the co-working company design and manage the 14,000-square-foot space. It also operates 32 Old Slip and 237 Park Avenue on behalf of RXR Realty , which participated in a $152m Convene funding round in July . The deal highlights an industry shift with co-workspace providers entering into property management contracts with landlords.
Convene is deepening its relationship with RXR , partnering the property developer to co-design and manage invite only Club 75 at New York ’s 75 Club 75 , where it also leases 530 Fifth Avenue ft. July the flexible workspace operator signed its largest lease in the city for 116,000 sq ft of space at RXR owned 530 Fifth Avenue . It also operates 32 Old Slip and 237 Park Avenue on behalf of RXR Realty , which participated in a $152m Convene funding round in July . The deal highlights an industry shift with co-workspace providers entering into property management contracts with landlords.