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US: Convene Hospitality Group has acquired the coworking and private membership brand NeueHouse following the latter’s bankruptcy proceedings.
The deal includes NeueHouse’s intellectual property and the continued operation of its Madison Square location in New York City, but there are no plans to reopen NeueHouse’s former Los Angeles locations. Convene has been operating the New York site for several months prior to completing the acquisition.
The acquisition was completed through a court-approved Asset Purchase Agreement after NeueHouse filed for Chapter 7 bankruptcy in September 2025. Financial terms were not disclosed.
NeueHouse was founded in 2011 as an invitation-only coworking and membership club serving professionals in creative fields including film, fashion, design, publishing, and the arts.
It opened its first location in New York City in 2013. The eight-story building included event space, an 80-seat screening room, podcast studios, lounges, private offices, and a members-only restaurant and bar. NeueHouse later expanded to Los Angeles with locations in Hollywood, Venice Beach, and the Bradbury Building in Downtown Los Angeles.
NeueHouse raised $25 million in venture funding in 2015 and an additional $30 million in 2018, alongside a leadership change. By March 2025, NeueHouse’s total debt had reached $83.7 million, according to internal financial documents. Former executives cited high lease costs, restaurant losses, and expansion expenses as contributing factors.
In early September 2025, the company announced it would cease operations due to unresolved legacy liabilities, a month after the death of its founder Joshua Abram.
“We’ve long been fans of the NeueHouse brand and wanted to preserve and nurture the incredible community it has cultivated,” said CHG CEO Ryan Simonetti.
CHG operates nearly 40 locations offering event venues, meeting rooms, and flexible office spaces in the US and UK.
Highlights:
• Convene Hospitality Group has acquired the coworking and private membership brand NeueHouse following the latter’s bankruptcy proceedings
• The deal includes NeueHouse’s intellectual property and the continued operation of its New York location, with no plans to reopen the Los Angeles sites
• NeueHouse was founded in 2011 as an invitation-only coworking and membership club serving professionals in creative fields including film, fashion, design, publishing, and the arts.
• In early September 2025, the company announced it would cease operations due to unresolved legacy liabilities
• CHG operates nearly 40 locations offering event venues, meeting rooms, and flexible office spaces in the US and UK.
