Spring Place NYC brings elevated
twist to coworking office setting
BY EMILY DAVENPORT
A one-of-a-kind space in New York
City is taking coworking to the
next level.
With locations in Manhattan as well
as Beverly Hills, California, Spring Place
aims to be the go-to place for employers
and employees who are looking to break
away from the traditional offi ce setting.
“We connect leisure, work, and culture
for a select community of global infl uencers,
creative entrepreneurs, and industry
leaders,” said Maximilian Straub, COO
and CFO of Spring Place. “Our member
base consists mainly of creative people in
fashion, art, and entertainment.”
Located at 6 St Johns Lane, Spring
Place NYC is a mix of work and play. The
space has plenty of room for its members
to spread out and work on their own individual
projects. Certain memberships at
Spring Place NYC ensure a designated desk
for your work needs, or huge workspaces
for small to mid-size companies that are in
need of offi ce space, plus communal work
areas for the true work-from-home nomads
of the city.
The space also contains several meeting
rooms that are ideal for board meetings,
and standard-sized meetings, plus lounges
to take calls throughout the day. The library
offers a quiet space with an 8-seat
marble meeting table with rotating art
installations.
The rooftop at Spring Place NYC.
One of the stand-out rooms in Spring
Place NYC is the sunken living room,
which is covered in a lush, burgundy
sheepskin carpet, and has a hidden projection
screen and fi replace, making it
the ideal space for guests to experience
screenings and panel discussions in an
unparalleled setting.
“My absolute favorite spot is the sunken
living room, which I would call the “crown
jewel” of Spring Place New York. Burgundy
sheepskin carpet, a fi replace and the perfect
size for screenings or panel discussions
make it the ideal member space,” said
PHOTO BY DEAN MOSES
Straub. “I love the versatility of it: you
can stay tucked away from what else goes
on in the club, or just open the curtains
and oversee the whole party. Other than
that, having the largest private rooftop in
Manhattan is of course paradise during the
summer.”
For lunch or after hours, Spring Place
NYC’s in-house restaurant and bar offer
plenty of room for parties, team building,
happy hour and networking opportunities.
The restaurant’s menu highlights Spring
Place NYC’s farm-to-table program, which
emphasizes Executive Chef Fabio Bano’s
Italian infl uences and heritage while bringing
the freshest ingredients to world cuisine
with a classic European sensibility.
One thing that truly sets Sring Place
NYC apart is the Spring Terrace. Located
on the roof of the building, the terrace is
often the host to Spring Place NYC’s many
weekly events, like musical performances,
DJ nights. happy hours, panels, networking
opportunities, and wellness/fi tness classes.
The space has beautiful views of downtown
Manhattan, plus an outdoor garden with a
bar & lounge seating.
Throughout the pandemic, Spring Place
NYC has been a safe haven for New York
City’s entrepreneurs and companies to
continue safely working in-person with
their colleagues and clients. The company
learned early on that fl exibility was key
for their memberships, and that fl exibility
helped make it so the space could thrive as
New York City continues to rebuild amid
the pandemic.
“I was always 100% confi dent that
Spring Place would be quickly back to
life after the pandemic – people want the
combination of work and pleasure and I
don’t foresee that to change,” said Straub.
“Observing the spectacle around NYFW
last month, I once again am amazed by the
resilience of New Yorkers and how quickly
this city was able to recover.”
For more information about Spring
Place NYC and its memberships, visit
springplace.com.
Manhattan real estate market takes new leaps
BY VILDANA KHAMIDULLINA
The third quarter of 2021 beat the
record pace on the property market
in Manhattan, a new report found.
According to Douglas Elliman’s quarterly
report, 4,523 sales were closed in this
quarter which becomes the highest total
over 32 years of data.
The report suggests that the COVID-19
lockdown might have saved people some
money and now with low mortgage rates
it allowed the market to grow, with investment
into a higher end of the market saw
more sales gains than the lower end. The
rise of sales higher than $4 million reached
132.5% from two years ago.
A Co-op’s average sales price in Q3-
2021 has actually risen since Q3-2020
by $105,899, despite the fact that condos,
luxury and new development properties
have dropped in average prices. A condo’s
average sales price dropped by 29.7%,
while luxury dropped 30.7%. The record
price change was stated in New developments
which equaled 55.9%.
To compare the current year with the
year of lockdown, the market pace was
74.9% slower than it is now. New York
real estate seems to work for both of these
years 2020 and 2021.
A rise in the market share of cash purchases
jumped from the lowest and reached
48.6% in two and a half years, according
to the report. This record shows how New
York took a quick break during COVID-19,
but now when things are better it gets back
to its fast-paced and high investments track.
For more details you can read the full
report at www.elliman.com. PHOTO VIA GETTY IMAGES
1100 OOccttoobbeerr 1144,, 22002211 SScchhnneeppss MMeeddiiaa
/www.elliman.com
/springplace.com
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