The Malin to Open Midtown Manhattan Coworking Space
This lease marks the company’s fifth location in New York City.
The Malin is planning to open a 32,700-square-foot coworking space in Manhattan’s Flatiron District in the spring of 2025.
The new coworking venue will be within the Equinox building at 895 Broadway, occupying the fourth and fifth floors. The five-story property features a total of 57,050 square feet, according to CommercialEdge information. The Equinox Flatiron fitness club occupies the building’s first three levels.
The Malin Flatiron will feature a 2,700-square-foot mezzanine floor, 20 private offices, 36 dedicated desks, five meeting rooms, 23 phone booths, one library and two kitchens.
Originally completed in 1915, with cosmetic renovations in 1983 and 1993, the historic building last traded in 1996 for $5.8 million. Since 2014, it has been the subject of a 15-year, $65 million loan originated by Sammons Financial Group.
With street exposure on Broadway, the property is within minutes of Madison Square Park, the Flatiron Building and the subway station on 23rd Street. Areas with dense concentration of office buildings, such as Grand Central District, Times Square and Rockefeller Center, are within 3 miles of the property.
The Flatiron District lease marks the company’s fifth coworking location in New York City. The company’s other four venues are in Soho at 32 Mercer St., in West Village at 134 Charles St., in Williamsburg at 109 N. 12th St., while its latest venue The Malin NoMad, opened in partnership with TF Cornerstone, is at 387 Park Ave. S.
The Williamsburg and West Village locations opened simultaneously in 2022, each with 10,000 square feet of flex office spaces. The NoMad space, which opened in March this year, occupies 20,000 square feet across an entire floor.
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