News: Brokerage

Convene opens 30,000 s/f at 5 Times Sq.

Manhattan, NY Convene, a global lifestyle hospitality company that designs and manages premium meeting, event, and flexible workspaces, has opened Venue 42 by Convene, a new meeting and conference center at 5 Times Sq. in Midtown. Venue 42 by Convene will occupy 30,000 s/f on the fifth floor of the 1.1 million s/f building.

Venue 42 by Convene will comprise nine meeting rooms, each of which can be custom-configured to accommodate various event types — from conferences with breakout rooms, company town halls, classroom-style learning, corporate social events, and more; the largest meeting room at Venue 42 by Convene will have a capacity of 240 guests. It is expected to open this month.

“The way we work has changed greatly the past few years and, with it, the way we think about the workplace. Companies are not just demanding quality spaces, but a hospitality-driven experience for their employees,” said Alex Adelman, vice president of managed services at Convene. “We’re seeing the flight-to-experience manifest at Convene where Midtown Manhattan continues to be one of the top-performing markets for us. Demand for meeting and event space in the area remains strong and we’re proud to once again be partnering with RXR Realty to create an exceptional amenity space and conference center at 5 Times Sq.”

With a track record of delivering elevated workday experiences, this is the fifth time RXR has partnered with Convene to help amenitize one of its assets as a means of attracting and retaining tenants. Convene’s premium corporate Meeting & Event spaces provide everything needed for a turnkey experience including: thoughtfully-designed spaces to maximize collaboration and productivity, full-service event production resources, catering, and a dedicated A/V team for in-room and hybrid tech support.

As the largest single provider of dedicated meeting and event venues in North America and the UK, the addition of Venue 42 by Convene grows the company’s global network to 40 premium meeting, event, and flexible office locations across its portfolio of brands.

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