Flexible office spaces have increased over 600% in the last decade as more and more younger generations are opting for work environments that offer more amenities.
In Manhattan alone, the market grew 23% according to CBRE, and there are several operators that are making waves in the market right now.
IWG has been around for decades and operates multiple flexible office brands. Spaces, their coworking brand, offers a European aesthetic with private offices, communal areas, event spaces and cubby booths.
Another IWG-owned flexible workspace company is Regus, which offers a more professional setting for customers who want more privacy with an eye-catching business address. The firm’s 18,000 square foot office on the 26th floor of the Chrysler Building includes Art Deco features that add to its formal atmosphere.
Knotel is a flexible workspace company that focuses on creating unique spaces for its customers, without slapping its brand on any of its spaces.
“All of our build-outs are informed by workplace strategy,” said Amol Sarva, Knotel’s co-founder.
Studio is a flexible workspace brand launched by commercial landlord Tishman Speyer in response to the evolving market. Studio locations can be found within Tishman Speyer properties, such as its first location in Rockefeller Center that features communal wood tables, custom booths and more.