Co-working companies have stepped up their game in New York City, increasingly competing with traditional commercial landlords for the same tenants. Sixteen co-working companies have leased 664,000 square feet in the city so far in 2018, David Falk, tri-state chairman of Newmark Knight Frank, told the New York Post. WeWork is inching closer to 3 million square feet, making it the second largest occupier of space in the city after JPMorgan Chase. “Co-working is trying […]
source https://therealdeal.com/2018/04/24/co-working-companies-are-ramping-up-competition-against-commercial-landlords/
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