Flexible / Coworking Archives | Page 24 of 31 | CREtech
When it rains, it pours. These aren’t the drops that seem to drench New York City nearly every afternoon this summer, but the lawsuits that are piling up against Knotel, claiming the flex-office company is skipping out on rent. Since the beginning of July, at least four landlords have sued Knotel alleging the company owes a total of $1.6 million in unpaid rent, court records show.
WeWork enjoyed explosive early growth as a refuge for small startups and freelancers. Now, it is ditching that image while trying to revive its business with larger, more-traditional corporate clients. With the new emphasis, WeWork hopes to weather a serious downturn in the office market triggered by the coronavirus. In June, large companies accounted for 65% of its new customers, said Sandeep Mat...
Tishman Speyer rolled out its coworking concept, Studio, to two more Manhattan buildings, as some predict flexible office leases to become more popular for businesses in the wake of the coronavirus pandemic, Commercial Observer has learned.
Real estate around the world continues to evolve. As that happens, a spectrum of flexible space options has taken shape, ranging from on-demand workspaces and coworking memberships to short-term, flexible spaces and traditional space consumed flexibly. Businesses of all sizes need a variety of space options across this spectrum and will choose the right fit for each scenario throughout their portf...
essensys plc, the leading global provider of mission-critical software-as-a-service ("SaaS") platforms and on-demand technology to the flexible workspace industry, announces the launch of Smart Access. In a flexible office portfolio, space access is a common pain point for operators and their members. Administering entry for hundreds, even thousands of end-users, across multiple locations, priva...
The firm has some 1.9 million square feet of space in New York that’s either available or will become so in the coming months, according to Business Insider, which obtained leaked marketing materials. That’s more than 20 percent of WeWork’s portfolio in the city, and far exceeds the availability rate in Manhattan of 12.1 percent in June.
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 to offer “on-demand workspaces.” ... It donated 2,000 rooms to front-line workers, according to its website.
On the heels of a $160 million funding round led by Airbnb, the short-term rental startup was plotting a massive expansion in the spring of 2019. ... As of 2018, the global market value of the short
Hospitality-focused coworking operator Serendipity Labs has joined forces with JLL to help expand to 20 new locations in the UK over the next two years. This news follows the company’s partnership with Newable to open and operate 25 locations across the UK. “Our relationship with JLL in the US is innovative, profitable and extremely valuable and we are excited to continue that excellent relati...