WeWork for the .01%: New York City is set to get elite co-working space for millionaires

Another exclusive club for the elite is making its way to New York City, serving as a co-working space for millionaires. The posh club opening in March 2023, Colette, is located on the 37th floor of New York's GM building on 59th Street. The club will feature an abundance of WeWork-like amenities, including 23 private

Another exclusive club for the elite is making its way to New York City, serving as a co-working space for millionaires.

The posh club opening in March 2023, Colette, is located on the 37th floor of New York's GM building on 59th Street. The club will feature an abundance of WeWork-like amenities, including 23 private offices measuring 400 square feet each, conference rooms, a members lounge, a fitness center, and a restaurant in the building, CoCo's.

Developer Edmond Safra and restaurateur Juan Santa Cruz will run the ritzy workspace.

'I've been thinking about this for a while,' Santa Cruz told Bloomberg. 'The world has been evolving for quite some time, and the pandemic has made it more evident that people do not use their offices as they think they do, or wish they did.'

The Colette is an exclusive co-working space located on the 37th floor of the New York GM building. The space is set to open in March 2023 for wealthy members willing to pay $125,00 on top of $36,000 in annual fees

The Colette is an exclusive co-working space located on the 37th floor of the New York GM building. The space is set to open in March 2023 for wealthy members willing to pay $125,00 on top of $36,000 in annual fees

The office located inside the GM building will overlook central park. The club will feature an abundance of WeWork-like amenities, including 23 private offices measuring at 400 square feet each

The office located inside the GM building will overlook central park. The club will feature an abundance of WeWork-like amenities, including 23 private offices measuring at 400 square feet each

The Colette will cap at 300 members and grant them access to conference rooms, a members lounge, a fitness center, and a restaurant in the building, CoCo's

The Colette will cap at 300 members and grant them access to conference rooms, a members lounge, a fitness center, and a restaurant in the building, CoCo's

Developer Edmond Safra and restaurateur Juan Santa Cruz (pictured above) will run the ritzy workspace set to open in 2023

Developer Edmond Safra and restaurateur Juan Santa Cruz (pictured above) will run the ritzy workspace set to open in 2023

For $125,000 per year and an additional $36,000 in yearly dues, the city's richest residents can indulge in being waited on by Colette employees that will slyly bring coffee and snacks to members. Meanwhile, members can work around the breathtaking view of Central Park.

Santa Cruz seeks a commonplace for elites to meet for business meetings. He claimed that many people either lack an appropriate workspace or are forced to travel too far for business.

'So why don't we develop a co-working club, at the highest level, for people who are used to having an amazing office?'

Along with providing coffee and snacks, Colette staff will also make copies, bind printed presentations, and greet guests or members.

Club memberships with a cap at 300.

Santa Cruz's vision for the workspace is to draw in business people who generally have to travel out of state for business purposes

Santa Cruz's vision for the workspace is to draw in business people who generally have to travel out of state for business purposes

Along with the amenities, Colette employees will also offer various services for employees, including making copies, binding printed presentations, and greeting guests of members

Along with the amenities, Colette employees will also offer various services for employees, including making copies, binding printed presentations, and greeting guests of members

Santa Cruz is an Argentina-born banker that sought a career as a restauranteur. He has a restaurant that serves the elite in London called Casa Cruz. Prince Harry and other celebrities are commonly spotted there.

The Colette isn't the only private club attempting to win over the city's elite. The Core Club is set to open a four-story location about a few blocks away from the Colette, according to the report. Both clubs share the same goal of appealing to the wealthiest in the city.

Meanwhile, Core offers a cheaper membership than Colette beginning at $15,000 and reaching $100,00. Annual fees for the club range from $15,000 and $18,000.

Another club, Aman, is also opening nearby with both clubs on Fifth Avenue. Aman is anticipated to serve as a lifestyle club rather than a workspace.

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