In July 2009, Mayor Mike Bloomberg announced the MediaNYC 2020 program, a series of initiatives to support and promote the city’s media and technology industries. In December 2009, the Hive at 55 officially opened in NYC’s Information Technology Center, 55 Broad Street, in the heart of Lower Manhattan.
The Hive is an initiative of the Alliance for Downtown New York, the business improvement district for Lower Manhattan. With a grant from the New York City Economic Development Corporation, the Hive partners with the local community as well as the city’s greater technology and media communities, such as Pace University, the Freelancers Union, GuruLoft, Girl in Tech, the Hatchery, and others.
Hive at 55 is cited and endorsed as a partner in Mayor Bloomberg's Digital Plan-2020 for New York City's growth in New Media initiatives. Offering a variety of office amenities, and a community of like-minded professionals eager to collaborate and share resources.