General Assembly In New York Shutsdown Its Co-Working Space For Young Startups To Focus On Education

General Assembly New York that offers education and opportunity for young startups and entrepreneurship in Technology , is shutting shutting down its co-working space which was basically a great working platform for young startups to polish their skills. This co-working space is shutdown to give more focus on education as General Assembly main goal is to give students a wide range of classes which includes Digital Marketing, Business Fundamentals and tactics , and Back end Web development. These classes will provide best educations and knowledge for students who can apply these skills in their further startups. It is better to educate 100 students rather than giving space to 100 startups. 



CEO and Co-founder Jake Schwartz said in a blog post,

Over the past two and a half years, our community has grown much larger than our amazing co-working members. It now encompasses the tens of thousands of students who've come through our doors and the more than 3,000 alumni of our long-form courses, not to mention the hundreds of instructors and the 2,000 hiring partners who come to GA in search of top talent. Similarly, support once meant desks and space, but has come to also mean instruction, opportunity and talent for our students and hiring partners.
It is in this context that we have made the decision to stop offering our co-working services in 2014. It is not a decision we took lightly – but it is a necessary one as we work to expand our global network of students and alumni.

The General Assembly building in New York’s flatiron district has a 30,000 square foot space, 11,000 square feet of which have been dedicated to the co-working area, with tenants like Neverware and Alphapipe taking up the space. While the GA space itself will be expanding to 45,000 square feet in the next few months, the dedicated co-working space will soon be occupied with GA staff while the communal space will be used as an alumni hang-out/event space. General Assembly already has 3,000 students and 70K students have step foot inside to enroll in the classes.