With companies like WeWork, Knotel and Spaces gobbling up real estate to feed their voracious expansion plans, co-working and flexible-space tenants have tripled their share of Manhattan’s office-leasing activity over the past year. Co-working tenants inked 12 percent of the nearly 25 million square feet worth of leases signed in Manhattan through the first three quarters of the year, according to Avison Young. That’s up from 4 percent during the same time period last year. […]
source https://therealdeal.com/2018/10/01/co-working-has-tripled-its-share-of-manhattans-office-leasing-activity-over-the-past-year-report/
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