Dropel Fabrics, one of New York City’s top fashion tech start-ups is joining other major technology, creative and fashion tenants at Space 530, Midtown Manhattan’s premier, full-service private office space and co-working environment. Offering a range of workspace options, Space 530 is the ideal location for a diverse group of companies looking to launch or expand their operations in New York City.

Dropel was first introduced to Space 530 during the 2015 New York Fashion Tech Lab class, a fashion-tech accelerator program, sponsored by the co-working environment. As a selected company for the competitive 12-week program, Dropel worked on creating high-performance natural fabrics

to redefine customer experience and reinvent product categories by adding functionality in naturals like cotton, cashmere, and wool. Dropel transitioned into a full time co-working membership after the program,and has since grown into full time office space taking 1,000 square feet for its New York Cty headquarters in Space 530.

Space 530 was ideal as it provided Dropel Fabrics with the flexibility to grow at its own pace and take advantage of the wide array of amenities.“Dropel has transformed from a mere concept to a fully functioning company with the help of Space 530. Their resources and location has made it possible to develop our business and grow our team into a new office environment that allows us to interact more directly with brand partners and investors. We're thrilled to call Space 530 home!" Sim Gulati, Co-Founder and CEO of Dropel.

Space 530 is located on the mezzanine floor of 530 Seventh Avenue, a 490,000-square-foot, Art-Deco building in the heart of Midtown Manhattan’s Garment District. The building is Wired Certified Platinum. A Wired Certified building offers tenants choice of multiple high-speed broadband providers and features an innovative and cutting-edge telecommunications system. For more information on Space 530, please visit: http://www.space530.com