The company signed a 15K sf lease at 1204 Broadway
1204 Broadway and Luminary CEO Cate Luzio (Credit: Google Maps and Optix)
Women-only co-working firm Luminary is opening its first location in NoMad.
The company, headed by former HSBC executive Cate Luzio, signed a 15,000-square-foot lease at Raizada Vaid’s 1204 Broadway. The 12-year deal covers the third and fourth floors and a rooftop space at the four-story, 21,300-square-foot property.
Luminary is scheduled to open in November. The company is taking over the space of fellow flexible office provider District CoWork, which previously occupied the fourth floor and the rooftop. Luminary’s new location will feature amenities such as a fitness studio, wellness and lactation rooms and a beauty bar. However, the space will not be entirely off limits to men. Luminary has set aside a co-ed floor for meetings and presentations.
“This is the perfect home for our professional programming and growing community,” Luzio said.
The company joins a growing list of female-oriented co-working spaces and social clubs. The biggest player in the space is the Wing, which currently has four locations in Manhattan, Brooklyn and Washington DC. It also recently announced it would open in Los Angeles. Last July, the company signed lease expansions at its first two locations in the Flatiron District and Soho. Other brands in the space include SheWorks in Union Square and New Women Space in Brooklyn.
The business model has come under scrutiny. Last March, the city’s Commission on Human Rights looked into possible violations related to The Wing’s no men allowed-rule.
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