IWG looking to close 20% of flex-office NYC portfolio
Short-term office provider IWG is looking to close at least a fifth of its work centers in New York...
Coworking
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Miami
Office is out, school is in: Co-working operators try to lure students into workspace
Office is out, but school is in session. Quest Workspaces, a co-working operator with 12 locations in Florida and...
National
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...
Industrious and Wythe Hotel turn empty rooms into offices
Faced with a glut of empty rooms, the Wythe Hotel in Williamsburg is teaming up with flex-office provider Industrious...
National
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...
National
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...
National
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 shuts Brooklyn location after employee gets Covid-19
WeWork has closed one of its Brooklyn locations after an employee tested positive for the coronavirus, The Real Deal...
National
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...