The Yard Opening Incubator Space at 85 Delancey

Posted on: September 11th, 2012 at 6:09 am by
This image has been archived or removed.

When the Bowery Residence Committee divested from the Lower East Side in 2010, its two neighborhood outposts – 85 Delancey and 324 Lafayette – were consolidated into one mega-shelter in Chelsea. That facility opened its doors to the community the following summer (2011) and quickly became a lightning-rod issue among the locals there. People paying excessively high rents apparently don’t care to see the less fortunate in their midst.

The 85 Delancey location, meanwhile, remained a ruin since the flight of the BRC. Towering “for rent” signs have been affixed to the facade ever since, unable to attract any tenants. That all changed within the last couple months, when a curbside dumpster arrived and interior demolition began. The Yard is on the way.

This image has been archived or removed.

The Yard is a co-working concept, or incubator center, for local entrepreneurs looking to lease affordable workspace. In less than a year, the company quickly established itself as a go-to for start-ups (more than 250 members), serving as HQ to success stories like Hypemachine and taxi-app Uber. Growth required an additional location, so the Yard settled on 85 Delancey. And it’s gonna be monstrous.

This image has been archived or removed.

We spoke with Yard PR dude Andy Smith who tells us that this flagship branch is pulling out all the stops. It’ll utilize both floors in the building, and include a rooftop lounge; ground level will house a homegrown coffee shop, while the workspace is up one flight. With regard to the latter, members have a choice of services between private suites or an open communal area. Payment and occupancy is on a month-to-month basis.

This image has been archived or removed.

Source: The Yard

And then there’s the continuing education component. The Yard is offering various courses that are available to the public and for members at a discount. Classroom curriculum ranges from business and blogging to technology workshops. Subjects like intro to Kickstarter, HTML5, or the art of the “cold call.”

This image has been archived or removed.

Source: The Yard

When asked about why the Yard chose the Lower East Side, Smith noted that there’s an abundance of ambition (i.e. hustle) and creative types in this “stalwart” neighborhood. That it’s “not going anywhere.”

Recent Stories

Another Events Space Called SOMMwhere Rises on Ludlow Street

Once an events space, always an event space. That’s the story at 48 Ludlow Street where a new one just opened. What was the Koala Farm studio for a brief moment is now SOMMwhere. It opened last weekend, pitching itself as a “stylish and sustainable escape” for your next shindig. The media advisory is longer […]

Croman’s Amato Opera Building on the Bowery Welcomes ‘Kissaki’ Sushi Next Month

The onetime Amato Opera on the Bowery – renovated and upscaled years ago – will get a high-end sushi restaurant called Kissaki. Eater reported this week that former Gaijin chef-owner Mark Garcia is behind the 26-seat Omakase venture at 319 Bowery. The Omakase menu will cost $160 for twelve pieces of Nigiri and four kaiseki-style […]

This Guy and Girl Stole a Locked Bike from Inside Orchard Street Building [VIDEO]

A man and his girlfriend were caught on camera Thanksgiving night while stealing a locked bike inside an Orchard Street apartment, the victim tells us. Surveillance video from inside 78 Orchard shows a couple enter the building – perhaps buzzed in by a neighbor – then pause for a moment. In a cavalier move, the […]

‘Peasant’ to Stay on Elizabeth Street Under Chef Marc Forgione

So, it turns out that Peasant will remain on Elizabeth Street, after all. But under new ownership. One month ago, we reported that founding chef-owner Frank DeCarlo reportedly decided against renewal. An apparent change of heart unfolded in the interim… The New York Times this week disclosed that DeCarlo sold the business to Marc Forgione, […]

Longtime Orchard Street Laundromat Felled by Rent Hike

A longtime laundromat on lower Orchard Street is set to close by year end. The Orchard Cleaner and Laundromat is counting the days to December 31, after which its lease reportedly expires. A purported rent hike for the renewal is the cause behind this latest closure. However, details regarding the percentage increase are not immediately […]