News

Chicago-based Novel Coworking became profitable less than a year after its founding in 2013 and is a prime example of how a coworking company can become sustainable.

Companies across the spectrum have started adopting a remote workforce, and thanks to technological advancements, managing these teams has become more efficient.

The 2020 Modern Families Index found that working parents who had flexible work options had trouble balancing their work life and home life due to being overworked.

Analysts wondered whether WeWork’s failed IPO would have an impact on the whole coworking industry, but firms are turning to new business models to avoid setbacks.

Flexible workplace policies have been proven to improve the lives of both employees and employers, but why are some organizations still wary of embracing this model?

During the last quarter of 2019, WeWork’s largest markets New York and London hit a lease-signing slump after only leasing 64,000 and 49,000 square feet respectively.

Beijing-based flexible office provider Ucommune has enlisted the help of New York-based brokerage firm Benchmark to help underwrite its upcoming initial public offering.

Today’s workforce expects more from their employer than just pay with a few benefits — they want a workplace that encourages, values and nurtures their well-being.

Office Evolution’s third Houston location will open in May in the city’s Energy Corridor and take up 12,113 square feet, 60% bigger than the company’s average size.

Chicago-based company Novel Coworking has acquired a 17-story, 165,649 square foot building in Albany, marking its very first location in the state of New York.