Co - working operators have tripled their share of new office space in Manhattan over the past year . Led by firms such as WeWork , Knotel and Spaces , the sectoraccounted for 12 % of Manhattan 's almost 1 million sq ft in leases signed over the first nine months of 2017 , triple the proportion that it was responsible for over the same period last year . (TAMI) sector. The growth is also beginning to spread to all categories of offices , with co - working operators increasingly taking leases in Class A buildings , in addition to Class B and C buildings previously listed .
Co - working operators have tripled their share of new office space in Manhattan over the past year . Led by firms such as WeWork , Knotel and Spaces , the sectoraccounted for 12 % of Manhattan 's almost 1 million sq ft in leases signed over the first nine months of 2017 , triple the proportion that it was responsible for over the same period last year . The growth is also beginning to spread to all categories of offices , with co - working operators increasingly taking leases in Class A buildings , in addition to Class B and C buildings previously listed .