{"id":1004265503,"date":"2018-09-18T00:20:10","date_gmt":"2018-09-18T08:20:10","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004265503"},"modified":"2022-12-08T22:00:43","modified_gmt":"2022-12-09T06:00:43","slug":"convene-expands-manhattan-footprint","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/convene-expands-manhattan-footprint\/","title":{"rendered":"Convene Expands Manhattan Footprint"},"content":{"rendered":"<p>By Keith Loria<\/p>\n<div id=\"attachment_1004265512\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/09\/530-Fifth-Ave..jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004265512\" data-attachment-id=\"1004265512\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/convene-expands-manhattan-footprint\/530-fifth-ave\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/09\/530-Fifth-Ave..jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"530 Fifth Ave.\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;530 Fifth Ave.&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/09\/530-Fifth-Ave..jpg?w=800\" class=\"wp-image-1004265512 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/09\/530-Fifth-Ave..jpg\" alt=\"530 Fifth Ave.\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/09\/530-Fifth-Ave..jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/09\/530-Fifth-Ave..jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/09\/530-Fifth-Ave..jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004265512\" class=\"wp-caption-text\">530 Fifth Ave.<\/p><\/div>\n<p>Convene has signed a 116,000-square-foot lease at 530 Fifth Ave. and officially opened its 20th New York City location at 75 Rockefeller Plaza.&nbsp;The two deals mark Convene\u2019s third and fourth deal with RXR Realty.<\/p>\n<p><em>\u201cConvene\u2019s traditional product offering, full-service meeting and event space, has been massively successful in the Midtown market, with several locations in high demand in the area near Grand Central in Times Square,\u201d <\/em>Ryan Simonetti, Convene co-founder &amp; CEO, told <em>Commercial Property Executive.<\/em> <em>\u201cThe Fifth Avenue address, central location, and general proximity to all public transportation was a huge draw for us to open Convene\u2019s first Midtown outpost of our flexible workspace offering at 530 Fifth Ave.\u201d<\/em><\/p>\n<p>The deal calls for Convene to occupy four floors of RXR\u2019s 530 Fifth Ave. building, which will represent the company\u2019s largest location to date.<\/p>\n<p><em>\u201cCommercial real estate is undergoing some exciting and fundamental shifts. Across the real estate industry companies of all sizes, from entrepreneurial organizations to enterprise companies, are looking for more than just office space,\u201d<\/em> Simonetti said. <em>\u201cBusinesses want to attract and retain the best talent, and the workforce&nbsp;is seeking full-service, amenity-rich and flexible workplace solutions.\u201d<\/em><\/p>\n<h2>A successful model<\/h2>\n<p>That\u2019s why Convene\u2019s landlord partnership business model is in demand. Simonetti added that to work with the world\u2019s most respected office owners, such as RXR, both increase the value of traditional office buildings and create inspiring places to meet and work that put human experience above all else.<\/p>\n<p>Convene WorkPlace&nbsp;provides fully-serviced workspaces for entrepreneurial organizations and enterprise teams from 10 to 100 employees.<\/p>\n<p>The new Midtown location will build on Convene\u2019s recent success, providing flexible workspace solutions in Lower Manhattan at Cove Property Group\u2019s&nbsp;101 Greenwich St., and Brookfield\u2019s&nbsp;One Liberty Plaza, opening later this year.<\/p>\n<p><em>\u201cIt\u2019s a really well-located, Grand Central market, right on Fifth Avenue, boutique office building with a lot of character,\u201d <\/em>Scott Rechler, RXR Realty\u2019s chairman &amp; CEO, told<em> CPE. \u201cWe were able to effectively create almost a building within a building for Convene to curate their experiences and their services within 120,000 square feet in the building.\u201d<\/em><\/p>\n<p>Convene at 530 Fifth Ave., will offer its signature full-service meeting and events facilities, available to both building tenants and outside companies.<\/p>\n<p><em>\u201cOur tenants in the building will have the ability to access their conference facilities, their hospitality facilities and if there is an overflow and need space, they can rent space on a short-term basis from Convene,\u201d <\/em>Rechler said.<em> \u201cIt also brings a lot of energy into the building.\u201d<\/em><\/p>\n<h2>A strong partnership<\/h2>\n<p>According to Simonetti, Convene\u2019s business model relies on mutually beneficial relationships and it wants to help companies such as RXR deliver unparalleled customer experience to all of their tenants.&nbsp;<\/p>\n<p><em>\u201cThe lease at 530 Fifth Ave., will be our fourth property with RXR, and we are constantly looking at new opportunities throughout their entire portfolio,\u201d<\/em> he said. <em>\u201cWe previously partnered with RXR to open full-service meeting and event space at 32 Old Slip and 237 Park Ave, and recently opened a new meeting facility and membership-only private club at 75 Rockefeller Plaza.\u201d<\/em><\/p>\n<p>Convene\u2019s headquarters is in the <a href=\"https:\/\/www.commercialsearch.com\/news\/inside-convenes-new-manhattan-hq\/\">recently redeveloped 101 Greenwich St.,<\/a> a Class A, LEED Silver-certified office building in downtown Manhattan that was completed in November. The office and meeting services provider occupies 58,000 square feet across three floors.&nbsp;<\/p>\n<p><em>Image courtesy of Convene<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The flexible workplace and amenity services company signed a 116,000-square-foot lease in Midtown with RXR Realty. Convene now has 20 offices in New York City.<\/p>\n","protected":false},"author":451,"featured_media":1004265512,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,21743,21808,1600,21742,10,21747],"tags":[37899,34489,42071],"class_list":["post-1004265503","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-deals","category-featured","category-new-york","category-latest","category-northeast","category-office","tag-convene","tag-rxr-realty","tag-scott-rechler"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Convene Expands Manhattan Footprint - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/convene-expands-manhattan-footprint\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Convene Expands Manhattan Footprint\" \/>\n<meta property=\"og:description\" content=\"The flexible workplace and amenity services company signed a 116,000-square-foot lease in Midtown with RXR Realty. 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