Without the boom in co - working , the property market in Manhattan would be shrinking , and a report from Savills Studley has predicted the fast - growing sector will disappear in the next couple of years . The commercial property company said co - workspace ##s are starting to offer incentives to lure clients from peers as demand increases , with new rivals coming in the shape of a handful of landlords that are entering the market .
Without the boom in co-working, the property market in Manhattan would be shrinking, and a report from Savills Studley has predicted the fast-growing sector will peak in the next couple of years. The commercial property company said co-workspace operators are starting to offer freebies to lure clients from peers as competition increases, with new rivals emerging in the shape of a handful of landlords that are entering the market.