Verizon and Grind's Lower Manhattan coworking space now open to serve NYC tech community

14 Mar, 2016, 08:29 ET from Verizon

NEW YORK, March 14, 2016 /PRNewswire/ -- Today, Verizon and Grind announce the opening of their new coworking space inside Verizon's landmark former headquarters building at 140 West Street across from One World Trade Center.  The opening follows the collaboration announced by Verizon and Grind last October.

To celebrate the opening of this new cutting edge workspace, Grind will be offering free coworking this entire week through Friday, March 18, from 8 a.m. to 5 p.m.  

Verizon teamed with Grind and Gensler on creating this premiere 10,000 square-foot space on the second floor of this building last October. The space is now ready to serve New York City's technology, startup and entrepreneur community with flexible workspace options to help grow their ideas and businesses.

"We've never done anything like this with our portfolio before," said John Vazquez, Verizon's senior vice president for Global Real Estate. "The New York City tech sector is one of the most vibrant in the world and we're very excited to have some of its most creative entrepreneurs innovating under our own roof starting this week."

"We believe that working collaboratively with companies like Verizon to build out premiere locations and reach new communities of professionals is the future of coworking," said David Beale, Grind CEO. "Together we will be offering the lower Manhattan community access to an experience that is unparalleled in the coworking market."

The space was designed by Gensler, a leading architecture and design firm. The objective of the new space is to provide an environment that inspires knowledge sharing and collaboration among members of the coworking community and to enable them to problem solve and co-create with some of the best and brightest in their industries.

Verizon Ventures, the venture capital arm of the company, will use the space both for its portfolio companies and to provide mentorship for the local startup and entrepreneur community.

Grind's members will have access to Verizon's high speed broadband and other platform technologies to boost their development opportunities. The space will include open workspace, team rooms, conference rooms, and meeting spaces, to accommodate around 120 people per day.

Verizon hopes to open additional Grind locations at some of its other office locations in New York City and is looking at spaces in Brooklyn and Long Island City as potential future sites.

Verizon Communications Inc. (NYSE, Nasdaq: VZ) employs a diverse workforce of 177,700 and generated nearly $132 billion in 2015 revenues. Verizon operates America's most reliable wireless network, with more than 112 million retail connections nationwide. Headquartered in New York, the company also provides communications and entertainment services over America's most advanced fiber-optic network, and delivers integrated business solutions to customers worldwide.

About Grind

Grind is a premium operator of members-only collaborative workspaces designed for 'people who would rather work in a community than at a company'. It is a professional platform designed to fuel the leap from traditional corporate environments to 'the future of work' by offering not only flexible, beautiful spaces, but also communities of like-minded, hard working entrepreneurs who can share advice and expertise to enhance opportunities. Learn more about the Grind and Verizon partnership at www.grindspaces.com/grind-west-coworking.

ABOUT GENSLER

Gensler is a global design firm grounded in the belief that great design optimizes business performance and human potential. Our 5,000 practitioners networked across 47 offices use global perspective and local presence to innovate at every scale. Whether we are refreshing a retailer's brand, planning a new urban district or designing a super tall building, we strive to make the everyday places people occupy more inspiring, more resilient, and more impactful.

VERIZON'S ONLINE NEWS CENTER: Verizon news releases, executive speeches and biographies, media contacts and other information are available at Verizon's online News Center at www.verizon.com/news/. News releases are also available through an RSS feed. To subscribe, visit www.verizon.com/about/rss-feeds/.

Media contacts:

For Verizon Ray McConville 908-559-3504 raymond.mcconville@verizon.com Twitter: @mcconvilleray

For Grind Cari Sommer 646-480-7683 Cari@SommerCG.com

SOURCE Verizon



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