Work Well Win Closes Greenwich Coworking Location
The Greenwich Time reported early this week that Work Well Win, a coworking firm founded by WeWork alumnus Frank Bistrian, was closed earlier in December “after losing its lease because of several-hundred thousand dollars in unpaid rent.” Back in 2018, Bistrain had hopes of opening at least 100 Work Well Win locations. In October of 2019, he filed for bankruptcy in federal court in New York, time by which the Work Well Win location in Greenwich owed bout $381,000 in rent. A judge ordered the company should pay at least $282,000 in rent by December 13 or it would have to surrender its lease.
Coworking in India to Double or Triple in the Next 2 Years
The Economic Times India reported this week that the number of coworking locations from large operators in India is likely to double or triple in the next two years. The top 7 coworking space operators in India alone — Cowrks, WeWork India, Awfis, Regus, Smartworks, 91springboard, and OYO Workspaces– have over 350 centers across various cities in the country. Not only will the number of locations increase significantly, but new operating models (ownership and management deals) are likely to also increase this year.
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Allwork.Space’s Top Articles of 2019
As the industry has grown and evolved, so has Allwork.Space. This year we published more articles than ever before and we also launched our own branded podcast on the future of work. Our growth is a direct reflection of the trust you, our readers, have placed in us to deliver news and trends that are relevant and valuable for you. As we come to the end of this year and head into a new decade, we wanted to share with you our most-read articles of 2019.
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