Where one coworking space has retreated, another is moving in.
Jack and Juda Srour’s Jay Suites is opening its first Brooklyn location at 41 Flatbush Avenue, where Fort Greene meets Downtown Brooklyn. It’s taking over 30,000 square feet on the second floor of the Pioneer Building, previously occupied by coworking competitor Regus.
It’s one vote of confidence in the borough’s coworking market and the idea that white-collar Brooklynites are willing to pay for office space near them.
Juda Srour said he expects workers from the area’s new residential towers to become customers.
“The entire area is really changing with all these brand new developments,” Srour said. “They’re going to want to work in the area because they live in the area,” he said of residents.
The space will feature 65 private office units, four meeting rooms and access to a building roof deck. Other tenants in the building include Blick Art Materials and UPS, according to the building’s website. The building is owned by Quinlan Development Group, according to its website. The developer did not immediately respond to a request for comment.
The outerborough office market has failed to have a Manhattan-style comeback. The private sector in particular has stayed away from Brooklyn and Queens: A majority of 2025’s top office leases in the boroughs were government agencies and schools.
And Jay Suites has also stuck close to the city’s center, with its previous 12 locations in Manhattan.
But coworking relies on different dynamics, hoping to capture white-collar remote workers who want to get out of the house but still stay local.
Jay Suites typically leases its space but has also dabbled in purchasing. In 2024, the company paid $35 million for the Class B,142,000-square-foot office building at 8 West 38th Street, according to property records. The price for the 12-story, 1913 building came out to about $250 per square foot.
In addition to Jay Suites, the company also operates Jay Conference locations for meetings and events. Srour said leadership hopes to open a conference location in Brooklyn as well.
“The goal would be to build a hub,” he said.