Solana Labs : New Community Office Space in Lower Manhattan

Blockchain Solana Labs (SOL) is opening a 4-story office space in New York City’s Manhattan neighborhood. It’s a co-working space that aims to be community-based, and will also be used to host events in the neighborhood.

The new office space, made up of four glass floors, is located at the junction of Soho, the East Village and the Lower East Side. Three of the floors are reserved for members of the Solana ecosystem to work together, collaborate and host events.

Solana ecosystem teams can apply for office space in the building, and those selected will receive the space free of charge.

Solana Labs and Solana Foundation plan to co-host an inaugural event in partnership with Tech: NYC to celebrate their new office. The event will bring together members of New York’s technology and business community.

Raj Gokal, co-founder of Solana Labs, said:

“The NYC office shows our commitment to fostering the crypto ecosystem in New York. At a time when most shun offices, we are doubling down and making sure that startup entrepreneurs have a place to build and collaborate.”

Matthew Fraser, New York City’s Chief Technology Officer, commented:

We are excited about the vast potential benefits this technology offers New Yorkers – democratizing access to financing for unbanked residents, improving digital service delivery, and reducing the time it takes to complete processes such as document verification and benefits delivery. I welcome the Solana community to New York and look forward to working with them.”

Solana Labs said it did not purchase the space, which is being leased for an undisclosed sum, but which must be substantial considering the 2,300 square meter space in an upscale and expensive neighborhood like New York City’s Manhattan.