Convene's Fifth Avenue Space is the Largest Event Venue in Lower Manhattan
Daniel Johnson — December 10, 2019 — Business
References: convene & meetings-conventions
Convene is opening the largest event venue in lower Manhattan, and it will be a 73,000-square-foot, multi-use, space located on Fifth Avenue. Due to the size of the venue, it will immediately become a go-to destination for large events in the city. The CEO and co-founder of Convene, Ryan Simonetti, spoke on the rationale for opening the largest event venue in the area, "Our customers have been looking for Convene venues to host their tentpole events for years since there is a shortage of spaces that can accommodate large-scale events and conferences in New York City."
Additionally, the event space can be divided into smaller sections as it has two rooms that can each seat 500 people, as well as a number of other smaller rooms. Overall Convene's new event space means it has the capacity to hold large events, and the flexibility to cater to the needs of smaller groups.
Image Credit: Convene
Additionally, the event space can be divided into smaller sections as it has two rooms that can each seat 500 people, as well as a number of other smaller rooms. Overall Convene's new event space means it has the capacity to hold large events, and the flexibility to cater to the needs of smaller groups.
Image Credit: Convene
Trend Themes
1. Large Event Venues - Disruptive innovation opportunity: Develop modular event spaces that can be easily configured to accommodate varying event sizes and needs.
2. Flexible Event Spaces - Disruptive innovation opportunity: Create versatile event spaces that can be adapted to different types of events, such as conferences, exhibitions, and parties.
3. Multi-use Event Spaces - Disruptive innovation opportunity: Design event spaces that can serve multiple purposes, such as hosting events, exhibitions, coworking spaces, and pop-up stores.
Industry Implications
1. Event Management - Disruptive innovation opportunity: Develop advanced event management software that can handle the logistics of large-scale events in real-time.
2. Hospitality - Disruptive innovation opportunity: Integrate technology and automation into event spaces to enhance customer experience and streamline operations.
3. Real Estate - Disruptive innovation opportunity: Transform underutilized spaces into versatile event venues, offering a new revenue stream for property owners.
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