Credit: Alex Reside for

This spring, the Council of Fashion Designers of America partnered with NYCEDC and Newmark Knight Frank towelcome a dozen up-and-coming designers to their new Fashion Incubator—a 10,000 square foot N.Y.C. Garment District loft that leases studio space to select tenants at below-market rents. The hand-picked group includes Prabal Gurung, Subversive Jewelry designer Justin Giunta, and Alice Ritter, who told InStyle after a recent visit, "I feel like Jaime Sommers, the Bionic Woman, in the incubator! The CFDA is making us smarter, stronger, better designers and entrepreneurs." Click through our gallery to find out more about these 12 designers to watch.

—Lauren Waterman, with reporting by Joe Berean