During Vandewater’s tenure as controlling shareholder, Alley was a leader in the collaborative work-space sector, operating principally from its 9 coworking communities across the USA including its 50,000 Square foot of state-of-the-art flagship in Chelsea, NY. [Blackwells/Vandewater] sold a majority of its interest in August of 2016, when Verizon (NYSE:VZ) made a substantial equity investment.