Between the accelerators, coworking spaces and incubators, there are so many choices when considering where to set up shop for your startup — and the pool of options just grew. Coworking space The Yard is officially opening two new locations in sought-after NYC neighborhoods.
The new venues will be an Upper West Side location near Lincoln Center, and a NoMad location at 27th Street and 5th Avenue, right around the corner from Ace Hotel. The NoMad location is starting to take applications for spaces as of today.
Numbers for the last quarter from the NVCA and PricewaterhouseCoopers showing an uptick of venture capital into the New York metro area aren’t just a boon for the start-ups who can finally afford that kegerator. A reported $624 million in Q2 funding–a $154 million increase from last year–also brings good tidings for the real estate sector, although, like all things start-ups these days, the potential tenants are thinking lean, reports GlobeSt.com.
“We probably won’t see a massive flood gate of VC firms flocking to New York but I do think there will be probably several more firms looking for office space there,” Emily Mendell, a spokesperson for the NVCA told the site, warning that it would likely just mean offices to house a few limited partners. But tech companies themselves are stretching their wings.