Winston & Strawn reps. Convene Hospitality in acquisition of NeueHouse assets

New York, NY Convene Hospitality Group (CHG), operator of a global portfolio of lifestyle meeting, event, and workspace brands, has completed the acquisition of NeueHouse. Law firm Winston & Strawn represented CHG in its purchase of certain assets of co-working and membership brand. Under the terms of the court-approved purchase agreement, CHG acquired NeueHouse’s intellectual property and the operations of the NeueHouse Madison Square location.

The Winston & Strawn deal team was led by partners Jonathan Levine and Brad Vaiana, along with partners Paul Jezierny and Becky Troutman and associates Caitlin Calvo and Emma Flemming.

“We’ve long been fans of the NeueHouse brand and wanted to preserve and nurture the incredible community it has cultivated,” said Ryan Simonetti, president and CEO of Convene Hospitality Group. “CHG has been operating the NeueHouse Madison Square location for the past few months and we are committed to continuing its founding vision of bringing together people with a diverse set of backgrounds, united by a common curiosity. As CHG now takes full ownership of the brand, we are inspired by the opportunity to build upon this legacy.”

NeueHouse was founded in 2011 as a more collaborative alternative to the coworking zeitgeist and became the preeminent place to work, create, and be inspired — growing into a community for curious minds. Its commitment to timeless design, emotive experiences, and elevated hospitality cemented its position as a cultural home for creators, innovators, and thought leaders.

NeueHouse Madison Square, located at 110 East 25^th St., was designed by architect and designer David Rockwell, blending an industrial aesthetic with the comfort and warmth of a designer residence. Spanning eight floors, the venue comprises special event spaces – including a penthouse with 360-degree views of the city – an 80-seat screening room, a fully equipped podcast studio, several membership lounges, private office suites, and a members-only restaurant and bar. 

Under the terms of the court-approved Asset Purchase Agreement, CHG has acquired the brand’s intellectual property and the operations of the NeueHouse Madison Square location. There are no current plans to reopen the Los Angeles locations.