Jul 16 2018, 6:22 PMJul 17 2018, 2:01 AMJuly 16 2018, 6:22 PMJuly 17 2018, 2:01 AM
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.