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The hive at 55 Broad Street

I guess a hive is where people work in close proximity

The hive at 55 Broad Street

Tonight the Alliance for downtown New York held the launch party for the hive at 55, their new co-working space at 55 Broad Street in the Wall Street Area.

The location comprises two conference rooms (One with projector), three offices and a large open plan area with four communal tables just like your favourite French cafe.

The services include drop in days at $25, and a range of day per month memberships from $50 for 3 days to $200 for 12 days or a full time package at $500 per month. At the Full time level it is possible to have a storage locker and use the 55 Broad Street postal address.

The space has a pleasant pastel feel to it and good light. The door access cards begin at a $150 membership level so you will be calling up from the lobby below that level in order to get access to the building. The other consideration has to be how important phone calls are to you. In the communal table format used by co-working spaces frequent calls will not endear you to your co-works so you have the option of temporarily or more permanently relegating yourself to a conference room or office. At present the conference room booking policies have yet to be set.

At the price these co-working space do provide a quieter, more professional environment than Starbucks and with the full-time model also give you an address. They provide a bottom rung startup a way of avoiding Manhattan’s real estate costs and allows some meeting of clients and banter with new found co-workers. The networking aspect is a big part of what many people comment on with Tony Bacigalupo‘s earlier and less accessible New Work City on Varick Street.

The main room of the hive at 55

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