Sat. Jul 6th, 2024

The Wing Suddenly Closes All Its Locations, Startling Members<!-- wp:html --><p>Monica Schipper/Getty Images for The Wing</p> <p>Dedicated members of <a href="https://www.thedailybeast.com/audrey-gelman-resigns-as-ceo-of-the-wing-amid-staff-revolt">The Wing</a>, the embattled, formerly women’s-only co-working collective that launched in NYC’s Flatiron District in 2017, were startled on Wednesday to receive an email informing them that all of The Wing’s locations would be shutting down, effective immediately. </p> <p>“The operating environment since reopening our six current locations of The Wing, 14 months ago has continued to prove extremely challenging,” The Wing’s email to members, reviewed by The Daily Beast, reads. “With the backdrop of the Covid pandemic and increasing global economic challenges, we have been unable to recover and grow the level of active membership and event activity necessary to run a financially sustainable operation. As a consequence, we are very sorry to say that all of The Wing locations will be closing permanently, and members will no longer have access with immediate effect.” </p> <p>The email goes on to explain that subscribers will be able to use their memberships at other locations <a href="https://www.iwgplc.com/en-gb/what-we-do">run by IWG</a>, a global workspace network company that bought <a href="https://www.businessinsider.com/iwg-ceo-mark-dixon-majority-stake-the-wing-coworking-startup-2021-2">a majority stake</a> in The Wing in 2021, through September 30th. </p> <p><a href="https://www.thedailybeast.com/the-wing-suddenly-closes-all-its-locations-startling-members?source=articles&via=rss">Read more at The Daily Beast.</a></p><!-- /wp:html -->

Monica Schipper/Getty Images for The Wing

Dedicated members of The Wing, the embattled, formerly women’s-only co-working collective that launched in NYC’s Flatiron District in 2017, were startled on Wednesday to receive an email informing them that all of The Wing’s locations would be shutting down, effective immediately.

“The operating environment since reopening our six current locations of The Wing, 14 months ago has continued to prove extremely challenging,” The Wing’s email to members, reviewed by The Daily Beast, reads. “With the backdrop of the Covid pandemic and increasing global economic challenges, we have been unable to recover and grow the level of active membership and event activity necessary to run a financially sustainable operation. As a consequence, we are very sorry to say that all of The Wing locations will be closing permanently, and members will no longer have access with immediate effect.”

The email goes on to explain that subscribers will be able to use their memberships at other locations run by IWG, a global workspace network company that bought a majority stake in The Wing in 2021, through September 30th.

Read more at The Daily Beast.

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