Convene has signed a lease for 116,000 sq ft of space over four flours at RXR Realty's property in midtown New York City 's Fifth Avenue . Bloomberg L.P. The events and conference venue operator entered the flexible workspace sector in February with its WorkPlace brand and is targeting companies with 10 employees that have outgrown a co-working environment but are not yet ready to commit to a longer-term lease. Greenwich St. , co-founder and CEO of the company said it was a segment that has been forgotten about. February , WeWork announced the launch of HQ by RXR Realty's aiming to serve the same segment.
Convene has signed a lease for 116,000 sq ft of space over four flours at RXR Realty's property in midtown New York City 's Fifth Avenue . The events and conference venue operator entered the flexible workspace sector in February with its WorkPlace brand and is targeting companies with 10 employees that have outgrown a co-working environment but are not yet ready to commit to a longer-term lease. Greenwich St. , co-founder and CEO of the company said it was a segment that has been forgotten about. February , WeWork announced the launch of HQ by RXR Realty's aiming to serve the same segment.