Verizon, Grind to open coworking space in Manhattan

Verizon said it has announced an initiative designed to connect with New York City´s tech community, in which it will open a coworking space at its landmark building at 140 West Street in lower Manhattan, across from One World Trade Center.

The space will provide flexible workspace options for startups and entrepreneurs seeking access to a networked community of diverse talent and expertise. Verizon is working with Grind, an experienced operator of premium membership-based coworking communities, to curate the experience.

As part of the initiative, Verizon will convert 10,000+ square feet of an underutilized floor at its iconic, former headquarters building. The space will connect the coworking community to Verizon´s advanced Internet services and provide a platform for modern work in the legacy, Art Deco structure. The company expects to be operational in early 2016.

Grind is a premium operator of members-only collaborative workspaces.

Verizon Communications Inc. (NYSE, Nasdaq: VZ), headquartered in New York, employs a diverse workforce of 178,500 and generated more than USD127 billion in 2014 revenues.