Projections show that by the end of 2017, 1.23 million people will choose coworking space over traditional office space. Coworking space in NYC occupies about 9 million square feet, almost 10% of office space in NYC. Venture Capitalists, Wall Street, and major corporations are investing in the coworking trend while Forbes, Harvard Business Review, and major publications are analyzing coworking with the same fervor as opening day games.
In addition to the obvious advantages (flexible lease terms + move-in ready offices) here are the top three reasons everyone is eyeing coworking:
1. Meaningful Work – Entrepreneurs choose jobs they care about, which explains that electric buzz in the coworking atmosphere.
2. Collegiate environment – With so many intelligent people focusing on different kinds of work, shared offices feel like a top university.
3. Collaboration – Because there is a range of companies under one roof, insular office politics and competitions are not relevant – infighting is a thing of the past, or for traditional offices. Members revel in an unspoken code of collaboration and common courtesy.
Workville’s coworking space is the best of NYC because of the talent we attract. We provide the city’s most talented disruptors and thought leaders a productive and friendly space to work. To learn more, signup here for a tour.