Convene Acquires NeueHouse IP and Madison Square Location

Convene Acquires NeueHouse IP and Madison Square Location
Convene Acquires NeueHouse IP and Madison Square Location

**Convene Hospitality Group Acquires NeueHouse Brand and Madison Square Location**

Convene Hospitality Group (CHG) has officially completed the acquisition of NeueHouse, following the approval of an Asset Purchase Agreement in bankruptcy court. The acquisition includes the intellectual property of the NeueHouse brand, as well as the operations of its Madison Square location at 110 E. 25th Street in New York City.

“We’ve long been fans of the NeueHouse brand and wanted to preserve and nurture the incredible community it has cultivated,” said Ryan Simonetti, President and CEO of CHG. “CHG has been operating the NeueHouse Madison Square location for the past few months and we are committed to continuing its founding vision of bringing together people with diverse backgrounds, united by a common curiosity. As CHG now takes full ownership of the brand, we are inspired by the opportunity to build upon this legacy.”

The Madison Square location was originally designed by acclaimed architect David Rockwell, known for his innovative and artistic spaces. At this time, there are no plans to reopen NeueHouse’s former locations in Los Angeles.

Source:

Submitted
Share the Post:

Related Posts