Manhattan remains at the forefront of the coworking scene, boasting 305 coworking spaces, indicating a 5% growth in Q2. According to CoworkingCafe’s latest quarterly report in the 25 largest markets.
The Big Apple also leads in total square footage, registering a 6% expansion and totaling 14.45 million sqft. Furthermore, the average square footage per market in Manhattan experienced a 1% uptick, reaching over 47,000 sqft, far surpassing the national average.
Brooklyn, too, witnessed growth, ranking 21st with 78 spaces, a 5% increase. Its total square footage rose by 6% to 2.14 million sqft, earning it the 18th position.
Emily Fu is Content Director of Connect Commercial Real Estate, where she covers the east coast markets, including New York, Boston & New England, and DC & Mid-Atlantic markets. She produces daily news stories as well as longer-form content, ranging from Q&As to thought-leadership pieces. She also writes feature stories for Connect Money.
With previous stints at Reuters, Seeking Alpha, and Commercial Observer, Emily has covered the finance side of the commercial real estate industry, technology, media, telecom (TMT), and fashion. She attended the Columbia Graduate School of Journalism and currently resides in Manhattan.