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Hotel and coworking management firm announces first NYC location

Selina, a coworking firm that marks WeWork CEO Adam Neumann as an investor, has plans to open its first New York City location.

The hotel and coworking company announced a 20-year lease for all 63,000 square feet of the 138 Bowery building. It will include 90 hotel rooms, 2,000 square feet of coworking space, a rooftop bar, and retail space.

Emmut Properties developed the 138 Bowery building as a mixed residential and hotel building, but ended up leasing the entire building to a hotel operator instead, according to Yoav Gery, the company’s president. In 2015, the company bought the development site for $47 million.

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Selina was founded in Panama in 2015. It manages hostels and office space buildings tailored to the ever-growing digital nomads of the world. It has since expanded its services throughout Latin America and Portugal and is aiming to open 15 U.S. locations by 2020

ABOUT Aayat Ali

Aayat is an editor for the Daily Digest based out of Kentucky. She has worked with local coworking spaces since August of 2017 and enjoys taking her firsthand knowledge to write about the fascinating, constantly evolving world of flexible workspaces. Feel free to reach out to her at [email protected] View all posts by Aayat Ali

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