One of NYC s first co-working firms has shuttered its last location Sunshine Suites, a precursor to WeWork, shut down its office at 419 Lafayette St.
419 Lafayette Street (inset from top: Cheni Yerushalmi and Joseph Raby)
One of the first tappers of the office keg is throwing in the towel after 15 years in the co-working business.
Sunshine Suites, founded by Cheni Yerushalmi and Joseph Raby in 2001, has closed its office at 419 Lafayette Street, where it formerly occupied more than 30,000 square feet. In recent months, it had reduced its footprint one floor at a time. Now, it has given up the location entirely.
The space was the final one in Sunshine s portfolio. The company, one of New York City s original co-working space concepts, previously operated locations at 12 Desbrosses Street in Tribeca, which it had 36,000 square feet, and at BankNote Building in the Bronx, where it had 11,000 square feet. Sunshine abandoned its Bronx lease in 2014 with eight years remaining on its term. The Tribeca location shuttered in 2013.