Global operator of meeting, event, and workspace brands, Convene Hospitality Group (CHG) has acquired private co-working and membership brand NeueHouse following bankruptcy proceedings.
“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 a diverse set of 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.”
NeueHouse was founded in 2011 in New York City by tech entrepreneurs Joshua Abram and Alan Murray, along with James O’Reilly, who had a background in hospitality.
Flagship venue NeueHouse Madison Square, located at 110 East 25th Street, was designed by architect and designer David Rockwell. Spanning eight floors, the venue comprises special event spaces – including a penthouse with 360-degree views of the city – an 80-seat screening room, a fully equipped podcast studio, several membership lounges, private office suites, and a members-only restaurant and bar.
Under the terms of the court-approved Asset Purchase Agreement, CHG has acquired the brand’s intellectual property and the operations of the NeueHouse Madison Square location. There are no current plans to reopen the Los Angeles locations.
NeueHouse, which had hosted premieres and parties, had filed for Chapter 7 bankruptcy in September 2025. Former executives cited expensive leases, failed restaurant ventures and over-spending on expansion plans as reasons for the bankruptcy.
Photo: Members Lounge at NeueHouse Madison Square, courtesy of CHG