AlleyNYC Announces Expansion with Entrepreneur Media Inc.

NEW YORK, June 10, 2014 /PRNewswire/ -- AlleyNYC, one of America's most dynamic workspace environments, announced a partnership with Entrepreneur Media Inc. today. This investment is the first of its kind, mixing co-working with a media organization.

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"Culturally, this investment and partnership is a perfect fit. Jason Saltzman, AlleyNYC's founder and CEO, is incredibly focused on how to best serve this community and so are we," said Ryan Shea, President and COO of Entrepreneur Media Inc. "Jason understands what entrepreneurs are doing to become successful. Together, the sky's the limit in what we can accomplish," Shea said.

"The companies that are being built out of AlleyNYC are growing rapidly and they are an inspiration to future entrepreneurs. The content that Entrepreneur Media Inc. will share will motivate entrepreneurs everywhere. We could not think of a better partner that offers such relevant content to the entrepreneurial community to help them grow," Saltzman said.

This news is on the heels of AlleyNYC's announcement of expanding its footprint from 16,000sq ft. to 55,000sq ft. in their NYC, 7th Avenue location. AlleyNYC is currently raising a 6MM round of financing that is being filled by investors, such as Entrepreneur Media Inc. and Justin Kan, a partner in Y Combinator.

"This is the beginning," Saltzman said.  "We plan on changing the way people work around the world. It's likely that 40% of the US workforce will be self employed by 2020, and we want to offer an awesome workspace for everyone."

About AlleyNYC:
AlleyNYC is a 16,000sq ft. entrepreneurial hub that offers office space and amenities that help support the growth of businesses. Jason Saltzman and Nsi Obotetukudo founded AlleyNYC in 2012, along with the financing of real estate investor David Galanter. AlleyNYC has been the home to hundreds of high growth startups, and the host of a variety of events.

To learn more, visit AlleyNYC.
Apply for membership  
For investment info: [email protected]

About Entrepreneur Media Inc.
Entrepreneur Media Inc. is the premier content provider for and about entrepreneurs. Our products engage and inspire every day with the advice, solutions and resources that fuel the bold and independent way entrepreneurs think.

To learn more visit entrepreneur.com 
To advertise, contact us at entrepreneur.com/mediakit.
Follow Entrepreneur on Twitter and on Facebook.

Media Contact:  
Janine Just 
Email 
646.543.6301

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SOURCE AlleyNYC