Tuesday 28 April 2020

TRD Insights: These submarkets are the most exposed to co-working

With the coronavirus pandemic putting health and sanitation in the spotlight, co-working companies are being squeezed by both tenants and landlords, while the very concept of dense, collaborative offices has come into question. Co-working firms have begun seeking rent relief, pulling out of leases and laying off staff to cut costs. It seems likely that when the crisis is over, co-working firms will occupy less office space in New York City than they do now.



source https://therealdeal.com/2020/04/28/trd-insights-these-submarkets-are-the-most-exposed-to-co-working/

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