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Growing firms opting to stay in co-working spaces as sharing market continues to expand
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Co-working spaces, once the transient home of small companies that disappear as soon as venture capitalist backing materializes, is now the permanent base
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Report: WeWork’s NYC footprint has grown by 6,258% since 2010
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In spite of its growing number of competitors, WeWork has increased its New York City footprint by 6,258 percent since opening its first location six years
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Brookfield partners with co-working firm Convene to jive up Brookfield Place
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Brookfield Properties and Convene have announced a partnership to create a 73,000 s/f multi-use, flagship venue at Brookfield Place in Lower Manhattan.
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Co-working spaces now attracting corporate tenants
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Nowadays, co-working spaces are no longer just for freelancers and small start-ups. Corporations with offices in different continents are now paying for
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Health, fitness co-working firm Primary adds second floor at FiDi office tower
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Primary, an upstart co-working company that focuses on health and fitness, is adding a second floor to its operation inside 26 Broadway.
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Owners embracing co-working concepts
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The co-working model is evolving into partnerships between property owners and co-working companies. During a Building Owners and Managers Association
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Knotel continues to grow Midtown West footprint
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Knotel, the fleixible workspace provider, has completed two new leasing transactions totaling 63,697 s/f in Midtown West. Knotel has completed approximately
Debt & Equity
Crowd has $53M co-working target in NoMad
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Manhattan-focused crowdfunding platform, Prodigy Network has launched a collective investment campaign for a property of co-working spaces in Manhattan.
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‘Gray space’ a growing factor in office leasing
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As co-working companies continue to grow and WeWork eats up more space, the black-and-white division of working from home and working at the office is
Construction & Design
Construction gets underway on Queens co-working facility
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The co-working space will accommodate up to 80 startups Construction is underway on the Greater Jamaica Development Corporation’s Downtown Jamaica Co-Working
Debt & Equity
Co-working company Servcorp gets $30M cash injection
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Servcorp, a global provider of luxury flexible workspace, announced a $30 million investment in co-working, modern design augmentations and enhancements
Deals & Dealmakers
Hines joins in-house co-working trend, partners with Convene, Industrious
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Hines, the international real estate firm, has launched Hines² (Hines Squared), a tenant amenity, property management and services offering.