Co-Working Space General Assembly Opens Near Union Square Offices

A 20,000 square foot co-working space a stone’s throw away from Union Square Ventures HQ and other prominent VC firms has officially opened. General Assembly is a rare collaboration between a group of entrepreneurs and the NYCEDC. Among the former are Adam Pritzker, Brad Hargreaves, Matthew Brimer, and Jake Schwartz. What they hope to achieve with their creation is a breeding ground for early stage startups.

General Assembly first opened its doors at the start of the month but only now bothered to announce its presence. Since then more than 30 startups have found a home where classrooms, a community space, and a coffee bar are all easily accessible. What sets General Assembly apart from similar co-working establishments, however, is its revenue stream has three sources: these are membership, sponsors (which already include Skypeand Rackspace among others), and desk rentals.

But more than just being a spacious office for a community of startups, General Assembly takes an active role in nurturing its members’ ideas. Thanks to a creative resident program, classes and conference will be held on a regular basis. The goal is for the whole community to help each other out by providing specific expertise on all matters important to keeping a startup running. The classes will even feature service providers like IDEO, a design firm.

Oh, one last thing: General Assembly are currently searching for a full-time barista to run their bar.

Via: Venture Beat