Silicon Alley is an area of high tech companies centered around southern Manhattan's Flatiron district in New York City. The term was coined in the 1990s during the dot-com boom, alluding to California's Silicon Valley tech center. The term has grown somewhat obsolete since 2003 as New York tech companies spread outside of Manhattan.
The economy of New York City encompasses the largest municipal and regional economy in the United States. Anchored by Wall Street in Lower Manhattan, New York City has been characterized as the world's premier financial center. The city is home to the New York Stock Exchange (NYSE) and Nasdaq, the world's two largest stock exchanges by both market capitalization and trading activity. In 2012, the New York metropolitan area generated a gross metropolitan product (GMP) of over US$1.33 trillion with a population of 20.3 million people. The combined statistical area produced a GMP of over US$1.55 trillion. Both are ranked first nationally by a wide margin and being roughly equivalent to the GDP of South Korea at less than half its population. The city's economy accounts for most of the economic activity in both the states of New York and New Jersey.
Coworking is an arrangement in which workers of different companies share an office space, allowing cost savings and convenience through the use of common infrastructures, such as equipment, utilities, and receptionist and custodial services, and in some cases refreshments and parcel acceptance services. It is attractive to independent contractors, independent scientists, remote workers, digital nomads, and people who travel frequently. Additionally, coworking helps workers avoid the feeling of social isolation they may experience while remote working or traveling and eliminate distractions. Most coworking spaces charge membership dues. Major companies that provide coworking space and serviced offices include WeWork and IWG plc.
Cornell Tech is a technology, business, law, and design campus of Cornell University located on Roosevelt Island in Manhattan, New York City. It includes the Jacobs Technion-Cornell Institute, a joint academic venture between Cornell and the Technion – Israel Institute of Technology.
WeWork Inc. is a provider of coworking spaces, including physical and virtual shared spaces, headquartered in New York City. As of December 31, 2021, the company operated 44.8 million square feet (4,160,000 m2) of space, including 19.8 million square feet (1,840,000 m2) in the United States and Canada, in 756 locations in 38 countries, and had 590,000 members, with a weighted average commitment term of 20 months.
UVR Media, LLC is an American media company that operates UploadVR, a virtual reality-focused trade publication website.
NeueHouse is a company that provides collaborative workspace, private offices, event and meeting space and a social scene for culture in New York and Los Angeles.
JustCo is a Singaporean company that provides coworking workspaces for individuals and companies. Headquartered in Singapore, JustCo was founded in 2011 by Kong Wan Sing, its current CEO, alongside co-founders Liu Lu and Kong Wan Long, as a response to increasing demand for flexible workspaces. Initially focused on Singapore, the company expanded to provide office space in cities across eight countries in the Asia-Pacific region: Singapore, Japan, Indonesia, Thailand, Australia, China, South Korea and Taiwan.
Miguel McKelvey is an American businessman, and the co-founder and former chief culture officer of WeWork.
CoHive, formerly known as EV Hive is a coworking space based in Indonesia, providing flexible workspace, business services and networking for entrepreneurs and startups.
Andcards is the developer of software for co-working spaces and flexible offices. The company won multiple awards in South Korea, Poland, and Chile.
Coworker is an online marketplace and access solution for discovering and booking coworking spaces and flexible offices around the world. It was founded in 2015 by current president Sam Marks. The company has offices in the United States, Canada, Spain, and Thailand, with its registration in the United States. By 2021, the company recorded 18,500 coworking spaces in 172 countries in its network.
The Wing was a women-focused, co-working space collective and proprietary club with offices in New York City, Washington, D.C., San Francisco, Chicago, Los Angeles, and Boston. It was founded by Audrey Gelman and Lauren Kassan in 2016. As of July 2019, the club had about 10,000 members. At its peak, The Wing had eleven locations in two countries; as of 2021 there were seven branches in the U.S.
The Office Pass (TOP) is a neighborhood co-working tech platform and operator, headquartered in Gurgaon, India, that connects companies and professionals with office space located near them.
Ucommune, formerly known as UrWork, is a Beijing-based co-working space provider founded in 2015 by Mao Daqing. It is now the second-largest co-working space provider after WeWork, with properties in three dozen cities around the world, including Shanghai, Singapore, Hong Kong and New York City. The company was valued at 1.8 billion US dollars in August 2018, making it the first domestic unicorn in the Chinese co-working space, but by November 2018, ucommune had completed its D round of financing, securing a valuation of 2.4 billion US dollars. In February 2019, it was reported that the company was seeking to list on the NASDAQ at a valuation of $3 billion.
Awfis is an Indian company that offers co-working spaces to the startups, freelancers and entrepreneurial communities. It was founded in 2015 and has more than 77,000 seats in 131 centers across India.
Spring Place is a members only club with locations in New York and Beverly Hills. Membership is selective and aimed at those interested in networking with fellow members in adjacent industries. It was founded by Francesco Costa, Alessandro Cajrati Crivelli and Imad Izemrane in 2016.
The Riveter is a for-profit company headquartered in Seattle, Washington. It is focused on supporting women in the workplace. It engages in political advocacy, provides office and work space, hosts events, and publishes content. It was named after Rosie the Riveter, a symbol for women in the workplace during World War II.
Entrepreneurs Roundtable Accelerator is an American seed accelerator launched in January 2011.
Industrious is an American company that provides co-working spaces to companies and individuals. It was founded in 2012 and operates in more than 150 locations — and 65+ cities — across the U.S. and abroad.
