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This article analyzes the new governance, so the adoption of a collaborative public policy style, in the specific environment of the city of Madrid. In the context of the dialectical relationship between the social fabric of neighborhoods and local public administrations, the article investigates the elements that enhance, discourage or nullify this collaboration, paying special attention to the relevance of neighborhood meeting spaces in the urban environment. The theoretical development focuses on the consideration of the territory and the new governance as well as the articulation of the community fabric and its challenges in the city of Madrid. From the applied point of view, the article takes as a point of reference the qualitative empirical work carried out in three different neighborhoods of the city of Madrid, as a way for analyzing the implementation of this form of public management. The results show the different impact of the action of local governments according to the political intentionality of the public administrations in power at any given time, the socioeconomic characteristics of the territories and the sociodemographic profiles of their inhabitants. [ABSTRACT FROM AUTHOR]