The co-working craze may soon hit its peak in Manhattan. A Savills Studley report said the growing business — dominated by players like WeWork and Knotel — is poised to hit a wall in the next couple years, Bloomberg reported. “The market is getting more fragmented as some hybrid models and different providers get into the space,” Keith DeCoster, the firm’s director of U.S. real estate analytics, told the publication. “Many shared-office-space providers are already […]
source https://therealdeal.com/2018/07/17/past-its-prime-co-working-may-be-maxing-out-in-manhattan-report/
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