Just eight miles away from New York City's Garment District, the newest member of Manufacture New York is setting up shop.
Richie Kim said he is getting a second chance at turning a profit with the company he founded, Noah Kim Fashion Studios.
"My entire career, all I have focused on is the craft. Now for the first time, I think I can make some money," Kim said.
Before Manufacture New York, Kim said he was facing rising rents in the Garment District, and the prospect of giving up on his dream for good. That's where Bob Bland, founder and CEO of Manufacture New York entered the picture.
With the help of a $3.5 million grant from New York City, Manufacture New York is taking a page from the Silicon Valley playbook and supporting fellow fashion designers who are starting their own businesses and creating jobs. The goal is to establish a foundation for keeping fashion industry design and manufacturing jobs in New York.
"The vision of the space is kind of like a 21st century Garment District, within a building, where it's really everything that you could possibly need from concept to the shipping out the door of the fashion product. What we really see is a everything from incubator and accelerator space, to fashion tech R&D labs, to a wholly produced media center onsite for photo and video shoots," said Bland.