Convene has signed a lease for 116,000 sq ft of space over four flours at RXR ##G 's property in midtown Manhattan 's Fifth Avenue . The exhibition and conference venue has entered the flexible workspace sector in February with its WorkPlace brand and is targeting companies with up to 100 employees that have established a co - working environment but are not yet ready to commit to a longer - term lease . “We feel that whole segment has really been forgotten about.” Ryan Simonetti , co - founder and CEO of the company said it was a concept that has been forgotten about . Last month , WeWork announced the launch of HQ by WeWork aiming to serve the same segment .
Convene has signed a lease for 116,000 sq ft of space over four flours at RXR ##G 's property in midtown Manhattan 's Fifth Avenue . The exhibition and conference venue has entered the flexible workspace sector in February with its WorkPlace brand and is targeting companies with up to 100 employees that have established a co - working environment but are not yet ready to commit to a longer - term lease . Ryan Simonetti , co - founder and CEO of the company said it was a concept that has been forgotten about . Last month , WeWork announced the launch of HQ by WeWork aiming to serve the same segment .