coworking


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IWG CEO Mark Dixon, Knotel CEO Amol Sarva and WeWork CEO Sandeep Mathrani

Co-working firms are ditching office space after years of expansion

The coronavirus pandemic put an abrupt end to the co-working industry’s years of rapid expansion, and one in five...

Co-working firms are ditching office space after years of expansion
Marcelo Claure (Getty, iStock)

WeWork on track for profitability by end of 2021, says chairman

WeWork’s business model may have been called into question by the coronavirus pandemic, but its executive chairman says the...

WeWork on track for profitability by end of 2021, says chairman
Knotel CEO Amol Sarva (Sasha Maslov, iStock)

Knotel’s Q2 revenue plunged 20%

UPDATED: July 9, 7:10 p.m.: Flex-office startup Knotel said its revenue plunged 20 percent during the second quarter, offering a glimpse of the economic toll the pandemic is having on the office market. CEO...

Knotel’s Q2 revenue plunged 20%
WeWork CEO Sandeep Mathrani detailed the steps WeWork is taking to review its global portfolio (Getty)

WeWork rethinking one in five leases

WeWork may exit or rethink one in five of its leases as the troubled co-working firm slashes expenses and chases profitability. In a call with Citigroup analysts last month, CEO Sandeep Mathrani detailed the...

WeWork rethinking one in five leases
The company has 739 locations and has shut down two of them in Wuhan, China (Credit: Photo by Justin Sullivan/Getty Images)

WeWork keeping most branches open amid coronavirus spread

WeWork has been keeping most of its spaces open throughout the coronavirus pandemic, even as other co-working spaces have...

WeWork keeping most branches open amid coronavirus spread
Co-working newcomer Blackbird, focusing on women of color, will open in LA

Co-working newcomer Blackbird, focusing on women of color, will open in LA

WeWork is by far the biggest co-working company around, but numerous niche providers have been trying to carve out...

Co-working newcomer Blackbird, focusing on women of color, will open in LA
Here’s where Douglas Elliman stands in LA as “Million Dollar Listing” man moves in

Here’s where Douglas Elliman stands in LA as “Million Dollar Listing” man moves in

UPDATED, July 18, 3:16 p.m.: On July 10, Douglas Elliman star broker Fredrik Eklund told his 1.1 million Instagram...

Here’s where Douglas Elliman stands in LA as “Million Dollar Listing” man moves in
Soho House New York at  29-35 9th Avenue and Soho House CEO Nick Jones (Credit: Getty Images, Google Maps)

It doesn’t turn a profit, but Soho House is now valued at $2B

Soho House, the luxury hotel and private members’ club, has raised $100 million to fund a global expansion over...

It doesn’t turn a profit, but Soho House is now valued at $2B
Blackbird founder Bridgid Coulter and the Culver City space as of August

Co-working newcomer Blackbird, focusing on women of color, will open in LA

WeWork is by far the biggest co-working company around, but numerous niche providers have been trying to carve out...

Co-working newcomer Blackbird, focusing on women of color, will open in LA
Tishman Speyer CEO Rob Speyer with Los Angeles (left) and Boston (right) (Credit: Unsplash)

Tishman Speyer rolls out its coworking business in LA and Boston

As one of the country’s largest commercial landlords, Tishman Speyer is doubling down on its co-working model, putting it...

Tishman Speyer rolls out its coworking business in LA and Boston
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