The Wing expands Manhattan footprint

The women-only co-working firm is taking an additional 15K sf in Soho and the Flatiron District

New York /
Jul.July 26, 2018 02:00 PM

Audrey Gelman and Lauren Kassan at the Wing’s 45 East 20th Street location (Credit: Facebook)

The Wing, a women-only co-working firm, has signed lease expansions at its first two locations.

The company is taking an additional 15,000 square feet at Abner Properties’ 45 East 20th Street in the Flatiron District and Nathan Baden’s 52 Mercer Street in Soho.

At its original location in Flatiron, the Wing is tacking on 5,000 square feet on the 11th floor, bringing its total square footage in the building to 14,000. Meanwhile, the company is taking over the fourth floor in the Soho building, growing its total spread to 20,000 square feet across two floors.

“It’s an especially big deal for us to expand our original Flatiron space, which we opened only 19 months ago,” said Lauren Kassan, the Wing’s co-founder and COO.

Since its launch, the Wing has raised $40 million in funding. It used $8 million in Series A funding from April of last year toward its expansion into Brooklyn and Washington D.C. One of its investors is rival WeWork, which led the $32 million Series B round with venture capital firm New Enterprise Associates.

The company was recently in the news after the New York City Commission on Human Rights scrutinized its no-men-allowed rule. In an interview with Business Insider, Audrey Gelman, the Wing’s co-founder, disclosed that they have a powerful backer in the case: Mayor Bill de Blasio.

The company currently has four locations in Manhattan, Brooklyn and Washington D.C. Its outposts in San Francisco and Los Angeles will open later this year.


Related Articles

arrow_forward_ios
Homebuilding is largely responsible for the increase in construction spending. (Getty / Photo Illustration for The Real Deal)
Construction spending hits new record in January
Construction spending hits new record in January
The person behind the prank website is still anonymous. (Getty)
Phony website falsely claims REBNY cancels rent
Phony website falsely claims REBNY cancels rent
(iStock/Illustration by Kevin Rebong for The Real Deal)
These are real estate executives’ worst worries for 2021
These are real estate executives’ worst worries for 2021
15 West 47th Street, 48 West 48th Street and 151 West 46th Street (Google Maps, Getty)
Here’s what tenants are paying at ELO’s Diamond District properties
Here’s what tenants are paying at ELO’s Diamond District properties
Steve Witkoff and Ian Schrager in front of the iconic PUBLIC hotel escalators. (PUBLIC, Getty)
EB-5 fund alleges Schrager, Witkoff siphoned money from Public Hotel
EB-5 fund alleges Schrager, Witkoff siphoned money from Public Hotel
Best Buy has closed about 20 of its big-box stores in each of the past two years (iStock)
Best Buy lays off 5,000 staffers, increases store closures
Best Buy lays off 5,000 staffers, increases store closures
Ryan Serhant and Gary Barnett on Development Slowdown in Pandemic
Coffee Talk: Extell’s Gary Barnett and Ryan Serhant
Coffee Talk: Extell’s Gary Barnett and Ryan Serhant
Cushman & Wakefield CEO Brett White
Cushman reports 10% drop in revenue in 2020
Cushman reports 10% drop in revenue in 2020
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...