Convene is deepening its partnership with RXR Realty , partnering the property developer to co - design and manage invite only Club 75 at New York ’s 75 Rockefeller Plaza , where it also leases 28,000 sq ft . Last month the flexible workspace operator signed its largest lease in the city for 116,000 sq ft of space at RXR owned 530 Fifth Avenue . RXR controls the 32-story office building through a 99-year, triple-net lease it signed in 2013 with billionaire Mohamed al-Fayed. It also manages 32 Hudson Slip and 237 Park Avenue on behalf of Target , which participated in a $ 152 m Convene funding round in July . The deal highlights an industry shift with co - workspace operators entering into tenant management contracts with landlords .
Convene is deepening its partnership with RXR Realty , partnering the property developer to co - design and manage invite only Club 75 at New York ’s 75 Rockefeller Plaza , where it also leases 28,000 sq ft . Last month 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 manages 32 Hudson Slip and 237 Park Avenue on behalf of Target , which participated in a $ 152 m Convene funding round in July . The deal highlights an industry shift with co - workspace operators entering into tenant management contracts with landlords .