Coworking Scene in NYC: Big Apple Still Leads the Way

Manhattan remains at the forefront of the coworking scene, boasting 305 coworking spaces and 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 with an average square footage per market exceeding 47,000 sqft – far surpassing the national average. Brooklyn also experienced growth, ranking 21st with 78 spaces (a 5% increase) and 2.14 million sqft of total space (6%) earning it 18th position overall across all markets surveyed by CoworkingCafe’s report for Q2 2020 .  The data clearly shows that New York City continues to be at the cutting edge of this rapidly growing industry trend towards shared workspaces for businesses large and small alike.