Space 530
Space 530 (Space 530 LLC) is a privately held, single-location flexible-workspace operator at 530 Seventh Avenue in Midtown Manhattan's Garment District, offering furnished private offices, co-working and virtual memberships, bookable meeting rooms and fashion/showroom rentals to TAMI firms, fashion and lifestyle brands, and small to mid-sized teams.
- Company typePrivate
- Founded2015
- HeadquartersNew York, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Space 530 does
Space 530 (legal entity Space 530 LLC) operates a single full-service flexible-workspace location on the Mezzanine level of 530 Seventh Avenue in Midtown Manhattan's Garment District, owned by Bob Savitt of Savitt Partners. The business provides furnished, move-in-ready private offices for teams of roughly 3 to 35 (across 30+ units plus three prebuilt full-floor suites at $55-$78 PSF), a $550/person/month co-working membership, a $300/month virtual office membership, seven branded meeting rooms (The Vault, The Square, The Circle, The Key, The Mezz, The Studio, The Nest) bookable hourly/daily/weekly, and a dedicated showroom rental program targeting fashion, accessories and beauty brands for market week and full-time use. Underlying technology is intentionally light: a Squarespace-hosted marketing site integrated with the third-party Flexspace booking engine at book.space530.com for instant online reservation of meeting rooms and short-term offices, supported by on-premise building infrastructure including high-speed dedicated internet, MERV 13 filtration, bipolar ionization, UV-treated HVAC coils, and outside-air ventilation that is actively marketed as a health/safety differentiator.
The revenue model is a mix of recurring subscriptions (memberships, multi-year office leases, prebuilt suite rentals on multi-year contracts) and usage-based rentals (meeting rooms, day offices, showrooms), augmented by a year-round broker referral channel that pays NYC commercial real-estate brokers 12% upfront commission on initial leases plus 3% on renewal fees up to 24 months. Go-to-market spans direct-to-consumer digital booking, inside sales for larger office and showroom deals (212-488-7700, [email protected], scheduled tours), event-driven community marketing (monthly happy hours, sponsored brand experiences, "5 With 530" member features, speaker series) and earned media in NYC commercial real-estate and business outlets.
The customer base is concentrated in TAMI (technology, advertising, media, information) firms, fashion and lifestyle brands, boutique PR and trend-forecasting agencies, and a few enterprise tenants such as Talent International, with a long-tail of small and mid-sized teams. Reported headcount is 1-10 employees, no external funding has been disclosed, and the company remains a privately held single-asset operator headquartered at 530 Seventh Avenue, New York, NY 10018.
Space 530 firmographics
Firmographics- Name
- Space 530
- Legal name
- Space 530 LLC
- Website
- https://space530.com
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Space 530 (Space 530 LLC) is a privately held, single-location flexible-workspace operator at 530 Seventh Avenue in Midtown Manhattan's Garment District, offering furnished private offices, co-working and virtual memberships, bookable meeting rooms and fashion/showroom rentals to TAMI firms, fashion and lifestyle brands, and small to mid-sized teams.
- Ownership category
- akta.pro rank
Space 530 industry classification
Industry- Product category
- Flexible Workspace Services
- NAICS
- Office Machinery and Equipment Rental and Leasing (53242), Facilities Support Services (561210), Office Machinery and Equipment Rental and Leasing (532420)
- SIC
- Services-Miscellaneous Equipment Rental & Leasing (7350), Computer & Office Equipment (3570), Services-To Dwellings & Other Buildings (7340)
- akta.pro primary industry
- Workplace Strategy & Space Standards (BPABAFAA)
- akta.pro secondary industries
- Workplace Technology & Smart Office Support (Room Booking Systems, IT/AV Liaison) (IMAIALAK), Space & Occupancy Services (Move/Add/Change, Seating, Wayfinding) (IMAIALAF), Internal Office Moves (Restacks/Churn) (HSAKAKAC)
Keywords
Where Space 530 is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Markets served
Space 530 business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Personnel, Marketing or Sales, Infrastructure, Technology or R&D
Revenue model
- Co-Working Membership: Recurring monthly subscription ($550/person/month) granting unlimited daily workspace access, conference room hour allowance, high-speed internet, phone booths, storage, mailing address, mail/package receiving, directory listing, event invitations, wireless printing and complimentary coffee/tea/water.
- Virtual Office Membership: Recurring monthly virtual office plan ($300/month) providing a Manhattan mailing address, package and mail receiving, plus discounted conference room and daily workspace rates and discounted storage.
- Private Office Leases: All-inclusive monthly private office rentals for furnished, move-in-ready units sized for teams of roughly 3 to 35 (e.g., Unit 24 at $2,600/mo, Unit 13 from $5,700/mo, Unit 23 at $5,200/mo, Unit 27 at $7,900/mo, Unit 14 at $15,300/mo) on flexible terms with utilities, cleaning, front-desk and meeting room access bundled.
- Prebuilt Full-Floor Suites: Larger prebuilt office suites (Suite 405, Suite 1409, Suite 2208) priced per square foot with separate asking rents ($55–$65 PSF) and all-in rent packages ($68–$78 PSF) including furniture and telecom add-ons.
- Meeting Room Rentals: Usage-based hourly, daily and weekly rentals of seven private meeting rooms (The Vault, The Square, The Circle, The Key, The Mezz, The Studio, The Nest) with capacities from 4 to 15, with instant online booking.
- Showroom Rentals: Hourly, daily, weekly and monthly showroom rentals for fashion and lifestyle brands needing a Midtown presence for buyer appointments and market week, with optional custom workstations, hanging bars and rolling racks.
- Broker Referral Channel: Year-round broker referral program paying 12% commission upfront on initial leases plus 3% on renewal fees up to 24 months, with commission paid within five days of signing; brokers effectively act as a referral sales channel.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Per seat | Monthly | Co-Working Membership — unlimited daily workspace, conference room hours, phone booths, storage, mailing address, events, printing, coffee. |
| Subscription | Monthly | Virtual Office Membership — Manhattan mailing address, mail/package receipt, discounted meeting room and storage rates. |
| Unit Pricing | Monthly | Unit 24 — Private furnished three-person office. |
| Unit Pricing | Monthly | Unit 23 — Furnished private office for 5–6 desks. |
| Unit Pricing | Monthly | Unit 13 — Private furnished unit for 8–10 people. |
| Unit Pricing | Monthly | Unit 27 — Window private office for a team of 11. |
| Unit Pricing | Monthly | Unit 14 — Private office with window wall and two vault rooms. |
| Unit Pricing | Multi-year contract | Suite 405 — Prebuilt full-floor suite for 35 desks / 3,400 RSF. |
| Unit Pricing | Multi-year contract | Suite 2208 — Prebuilt corner suite for 18 desks / 1,800 RSF. |
| Usage-based | Pay-as-you-go | Meeting Rooms (The Vault, The Square, The Circle, The Key, The Mezz, The Studio, The Nest). |
| Usage-based | Pay-as-you-go | Showroom Rentals — Fashion and lifestyle showrooms. |
| Other | Pay-as-you-go | Broker Referral Commission Structure. |
Go-to-market motion4 records
Distribution channels4 records
Marketing channels7 records
Space 530 product offering
Product offeringCore offering
Space 530 operates a deluxe, full-service flexible workspace at a single Midtown Manhattan flagship at 530 Seventh Avenue. It sells furnished private offices, co-working and virtual office memberships, hourly meeting rooms, and fashion/lifestyle showrooms on flexible short- and long-term leases with all-inclusive amenities bundled.
Product overview
Space 530 operates a single, integrated flexible-workspace platform at 530 Seventh Avenue, Mezzanine level, New York, NY 10018, rather than a multi-product SaaS portfolio. The offering is built around three primary physical products — Private Offices, Meeting Rooms (with their named sub-products The Vault, The Square, The Circle, The Key, The Mezz, The Studio, and The Nest), and Showrooms — supported by two membership tiers (Co-Working Membership at $550/month and Virtual Membership at $300/month) and a Broker Referral Program. All of these are bookable through Space 530's online reservation platform (book.space530.com) and bundled with luxury perks such as a rooftop cocktail lounge, gallery space, monthly events, café/lounges, and event space, which together make up the unified member experience.
Differentiator
Problem solved
Functional benefit
Products and services
- Private Offices
- Co-Working Membership
- Virtual Office Membership
- Meeting Rooms (The Vault, The Square, The Circle, The Key, The Mezz, The Studio, The Nest)
- Showrooms
Companies that use Space 530
Customer profileNamed customers11 records
Segments6 records
Ideal customer profiles5 records
Space 530 technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Feature4 records
Space 530 partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered minor, core and flagship.
- Glen Grant (whisky brand)minorSponsored Space 530's December 2019 tenant appreciation happy hour, providing scotch tastings, cocktails, a VR tour of the Scotland distillery and hors d'oeuvres, with global whisky ambassador Robin Coupar presenting to tenants.
- New York Fashion Tech Lab (NYFTLab)coreSpace 530 hosted NYFTLab's 2015 12-week fashion-tech accelerator cohort, exposing startups like Dropel Fabrics to Space 530's environment and converting at least one cohort company (Dropel Fabrics) into a long-term co-working member and ultimately a private office tenant.
- Savitt PartnersflagshipOwner/operator of 530 Seventh Avenue (the building housing Space 530). Bob Savitt of Savitt Partners is publicly cited as the owner of Space 530 and several other Garment District properties in Forbes and NYREJ coverage. The Space 530 workspace is delivered as a full-service amenity layer on top of Savitt Partners' flexible leasing platform at 530 Seventh Avenue.
- NYC Commercial Real Estate Brokers (Broker Referral Program)coreYear-round broker referral program: brokers referring clients to Space 530 receive 12% commission paid upfront on initial leases plus 3% commission on renewal fees up to 24 months, with commission paid within five days of signing; brokers are paired with on-site specialists for client showings.
Scale indicators8 records
Recent moves6 records
Expansion highlights5 records
Space 530 competitors and assessment
Company assessmentDirect peers
- Convene: Premium NYC-based operator of flexible meeting, event and workplace spaces. Directly comparable for Space 530's meeting-room and event-rental revenue streams, with overlapping enterprise and TAMI customer profiles.
- Industrious: Premium flexible-workspace operator with a strong NYC presence after absorbing The Yard. Competes head-to-head for design-conscious and enterprise hybrid-work tenants seeking move-in-ready private offices with hospitality-grade amenities.
- NeueHouse: Members-only creative workspace in NYC and LA targeting designers, fashion brands, media and creative professionals. Closely comparable to Space 530's Garment District positioning and fashion/showroom customer base.
- WeWork: Largest flexible-workspace operator globally with multiple NYC locations offering private offices, co-working memberships and meeting rooms. Direct competitor for Space 530's TAMI tenant base in Midtown Manhattan, though at substantially larger scale and broader geographic footprint.
- Mindspace: Premium coworking operator with a NYC presence, offering design-forward workspaces with hospitality services. Comparable to Space 530 on amenity bundling, all-inclusive pricing and creative-vertical tenant mix.
- WorkHouse NYC: NYC-based coworking and private-office operator serving creative, tech and fashion tenants. Overlaps directly with Space 530's TAMI customer segment and flexible-lease product offering.
- Serendipity Labs: National flexible-workspace operator with locations in the NYC metro offering private offices, coworking memberships and meeting rooms. Comparable product mix targeting similar SMB and enterprise hybrid-work demand.
Others
- Coworker.com: Global coworking marketplace and directory that lists and aggregates flexible-workspace operators including Space 530. Not a direct operator competitor but a discovery channel through which Space 530's rooms and offices are surfaced to prospects.
Broad incumbents
- Knotel (acquired by Newmark): Pre-acquisition, Knotel was a major flex-office operator in NYC competing directly with Space 530 for SMB and enterprise private-office tenants. Now under Newmark, it remains an adjacent incumbent serving the same Midtown flexible-space demand.
- Studio by Tishman Speyer: Flexible-workspace offering from Tishman Speyer, a major NYC commercial landlord. Competes with Space 530 for premium tenants in Midtown and benefits from the parent firm's deep real-estate pipeline, making it a well-capitalized adjacent incumbent.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Space 530 social profiles
Digital presenceSpace 530 compliance and trust
Trust signalCompliance2 records
Space 530 financial estimates
Financial estimateRevenue estimate
Valuation estimate
Space 530 leadership team
Management profileNumber of profiles
Profiles1 record
Space 530 funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Space 530 M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Space 530
What does Space 530 do?
Space 530 operates a deluxe, full-service flexible workspace at a single Midtown Manhattan flagship at 530 Seventh Avenue. It sells furnished private offices, co-working and virtual office memberships, hourly meeting rooms, and fashion/lifestyle showrooms on flexible short- and long-term leases with all-inclusive amenities bundled.
Is Space 530 a public or private company?
Space 530 is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Space 530 founded?
Space 530 was founded in 2015. It employs 1 to 10 people.
Where is Space 530 based?
Space 530 is headquartered in New York, United States, in the North America region.
How does Space 530 make money?
Seven revenue lines are on record. Co-Working Membership is the primary driver. The others are virtual Office Membership, private Office Leases, prebuilt Full-Floor Suites, meeting Room Rentals, showroom Rentals and broker Referral Channel.
Who are Space 530's main competitors?
Direct peers on record are Convene, Industrious, NeueHouse, WeWork, Mindspace, WorkHouse NYC and Serendipity Labs. Coworker.com is listed as an others. Broad incumbents are Knotel (acquired by Newmark) and Studio by Tishman Speyer.
Does Space 530 have an API?
No public API is recorded for Space 530.
What industry is Space 530 in?
Space 530's product category is Flexible Workspace Services. Its primary akta.pro industry code is BPABAFAA, Workplace Strategy & Space Standards, with a secondary code of IMAIALAK, Workplace Technology & Smart Office Support (Room Booking Systems, IT/AV Liaison). Its NAICS code is 53242 and its SIC code is 7350.