Convene Hospitality Group Takes Over NeueHouse to Sustain Cultural Hub
Convene Hospitality Group Takes Over NeueHouse to Sustain Cultural Hub
On January 5, 2026, the Convene Hospitality Group (CHG) announced the successful acquisition of NeueHouse, a well-respected brand known for its innovative approach to workspace and community creation. This strategic move follows the recent bankruptcy proceedings for NeueHouse, marking a significant turning point in the company's journey. With this acquisition, CHG seeks to honor and amplify the unique community spirit that NeueHouse has cultivated since its inception.
Ryan Simonetti, the CEO of CHG, expressed the company's enthusiasm about the acquisition, stating, "We've long been fans of the NeueHouse brand and wanted to preserve and nurture the incredible community it has cultivated." His sentiment resonates with many who see the importance of maintaining spaces that foster collaboration and creativity among diverse groups of individuals.
NeueHouse has made its mark since its founding in 2011, positioning itself as a creative alternative to traditional coworking spaces. The brand has developed into a hub for creators, innovators, and thought leaders, providing an environment designed to inspire and connect. Known for its stunning aesthetics and unparalleled hospitality, NeueHouse offers more than just office space; it curates experiences that resonate deeply with its members.
The flagship location, NeueHouse Madison Square, was designed by famous architect David Rockwell. Nestled at 110 East 25th Street in New York City, this striking space harmoniously combines industrial elements with the cozy vibes of a luxurious residence. Spanning eight floors, it boasts a wealth of amenities, including an event penthouse that features breathtaking 360-degree views of New York City, a screening room with seating for 80, a sophisticated podcast studio, private office suites, and exclusive lounges, along with a restaurant and bar accessible to members only.
Under the Asset Purchase Agreement approved by the court, CHG has acquired not only the operational assets of NeueHouse Madison Square but also its intellectual property. This strategic acquisition aims to safeguard the brand's legacy while also paving the way for future innovations and expansions, although it has been communicated that there are no immediate plans to reopen the locations in Los Angeles.
Convene Hospitality Group is widely acknowledged for its prowess in managing lifestyle brands that deliver unique gathering experiences. CHG’s portfolio encompasses various services, from premium meeting venues to flexible office spaces tailored to meet modern workplace demands. With its successful management of multiple lifestyle brands, CHG is well-positioned to continue the mission of NeueHouse and expand on its legacy.
The broader commitment of CHG to merge hospitality with high-caliber commercial real estate services reflects their ambition to not only heal but also enhance the landscape of the modern workplace. The team at Convene has demonstrated a strong dedication to creating environments that delight and inspire, bridging the gap between traditional office settings and creative spaces.
As CHG embarks on this new chapter in its evolution, the outlook for NeueHouse—and communities like it—remains incredibly optimistic. They aim to create more than just a workspace; they aspire to cultivate an ecosystem where creativity and inspiration can flourish in unison. Through this acquisition, Convene Hospitality Group is poised to lead the way in redefining the future of collaborative work environments, ensuring that traditions of innovation and community spirit continue to thrive for years to come.
Convene's diverse offerings also include its other brands, such as etc.venues, catering primarily to corporate gatherings and smaller meetings, and The Mallory, a high-end events venue located in the heart of New York City. With 39 locations across nine global cities, CHG is committed to enhancing workplace experiences and optimizing value for both users and investors alike, including notable partnerships with entities like Ares and Brookfield.
Fostering growth while preserving the essence of unique cultural spaces is no easy task. Still, with this exciting new acquisition, Convene Hospitality Group proves that the synergy of commitment, creativity, and community can forge a path forward in the world of modern hospitality and workspace solutions.