A members-only coworking space for the 1% is coming to New York


If you’re a New Yorker of a certain income and social status, you really don’t ever need to be around anyone outside of your tax bracket if you want to. Among the most flashy novelties, like Zero Bond, Casa Ciprianiand the Ned Nomadand all long legacy clubssocial spaces for the elite, by the elite, abound.

But even if you can write a check and choose one of the above, well, you could still take on a challenge in the newest, priciest, and probably most exclusive new members club to come to town. .

Opening scheduled for March 2023, Colette is a “first of its kind members-only club for the world’s most successful business leaders“. It’s already called “a WeWork for the 1%“because of its exorbitant dues and luxurious accommodations.

Although it aims to be, first and foremost, a coworking space (albeit one at the executive suite level), Colette will also have an on-site restaurant, lounge and omakase bar for guests to enjoy. many powerful lunches and brokerage deals, all housed in the posh GM building overlooking Central Park. It also comes with an in-house support staff. Who needs to pay for a personal assistant when you can have a concierge on call?

According Bloombergthe concept is developed by Edmond Safra, member of the billionaire Safra family, and restaurateur Juan Santa Cruz, to meet the needs of global bigwigs who have either abandoned the traditional office model or frequently find themselves traveling homeless in New York .

And if you wonder about the caliber of its potential members? Take a look at the cost: $125,000 for initial membership fees (which doubles as a resalable “share” in the club), plus annual dues of $36,000 (to start).

That six-figure price tag is definitely a way to screen out the scum, but those who box afford to really pay that much for a glorified WeWork situation? We will be back in the spring…

[Photo via Colette.world]

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