Startup Incubator 1776 To Take 30k SF At The Brooklyn Navy Yard

The Brooklyn Navy Yard's Building 77.
Photo credit: Courtesy: Brooklyn Navy Yard
Building 77 At Brooklyn Navy Yard

The Brooklyn Navy Yard has a new anchor tenant.

Washington DC-based startup incubator and seed fund 1776 is taking 30k SF at the Navy Yard’s Building 77, and plans to open its doors sometime next year.

The incubator specializes in helping startups based in heavily-regulated industries like transportation, financial services, energy and education, CNN Money reports. They currently have offices in DC and Dubai.

To help small firms navigate the regulatory landscape, 1776 tries to get its entrepreneurs acquainted early on with the regulators and key industry players in their respective fields, to help minimize nasty surprises down the line.

If New York’s contentious history with startups like Airbnb and Uber is any indication, the approach should serve stakeholders on both sides of the aisle well.

“The hard problems are hard because they’re regulated,” Donna Harris, a 1776 co-founder and co-CEO, tells CNN Money. “We’re doing this because this is where the next wave of innovation is going to happen.” [CNN]

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's New York Newsletters
Related Stories

JVP Development Is Betting $37M Of Its Own Money That Frisco Is Ready For Spec Office

Hedge Fund Bids $88M For Spirit Airlines' Former HQ

Federal Government To Sell Nearly 31K SF In Five Points: The Denver Deal Sheet

Avison Young Had Assets Frozen By Bank Over Unpaid Taxes

270-Unit Manassas Gated Community Sells: The D.C. Deal Sheet

Artificial Intelligence Companies Reshaping Dublin Office Demand As OpenAI Confirms HQ

Mars Factory Overhaul Stalls As Candymaker's Chicago Expansion Accelerates

Camden Property Trust Sells West Coast Portfolio, Clears $1.5B Target

How Long Island Projects Can Cut Through Red Tape And Community Opposition To Cross The Finish Line

Empire State Building Observation Deck Hemorrhaging Visitors, Value

Cortland, Pulte, INVH, Walker & Dunlop Execs Talk Changing Demographics, AI

Oyster Point's Second Phase Half-Leased As Kilroy Navigates Soft Lab Demand