Mindspace Expands NYC Footprint

February 10, 2026

Coworking Brokerage New York News More Northeast

The company made its first commitment at the property in 2022.

Exterior shot of 25 Kent, a 511,000-square-foot office building in Brooklyn's Williamsburg. — The 511,000-square-foot 25 Kent came online in 2019 in Brooklyn’s Williamsburg. *Image by Ty Cole, courtesy of Global Holdings Management Group*

Flex office provider Mindspace has expanded its footprint by 11,500 square feet at Global Holdings Management Group’s 25 Kent, in Brooklyn’s Williamsburg neighborhood. This brings Mindspace’s lease to a total of 50,000 square feet at the property.

The company launched in 2014 and signed a 37,403-square-foot lease at 25 Kent in 2022, marking the firm’s first flex office in New York City. The expansion is slated to open in summer 2026.

Upon completion, the coworking location will be able to house more than 550 individuals. Amenities will include private offices, lounge areas, an event space and a renovated main lounge.

Mindspace’s U.S. coworking locations include one in each of the cities of Philadelphia, San Francisco, Washington, D.C., as well as two offices in Miami. The flex office in Williamsburg is the firm’s only location in New York City.

A LEED-certified mid-rise in Williamsburg

Rubenstein Partners, in joint venture with Heritage Equity Partners, developed 25 Kent, which was designed by Hollwich Kushner and Gensler. The 511,161-square-foot building came online in 2019 at 25 Kent Ave., and is adjacent to Bushwick Inlet Park, some 3 miles from Manhattan’s East Village, across the East River.

The eight-story, LEED Gold-certified property features floorplates ranging from 57,351 to 76,464 square feet, eight passenger elevators, almost 20,000 square feet of underground retail and 78,000 square feet of industrial space. The tenant roster includes RillaVoice—which occupies more than 57,000 square feet at the office building—Queen One Inc., Altana, Amika and Amazon Music.

As office vacancy rates continue to pose an issue across the U.S., coworking locations increasingly bridge the gap that has formed within the sector. The national average vacancy rate peaked in March 2025 at 19.9 percent, then declined 150 basis points to 18.4 percent through December 2025, according to a recent Yardi Matrix office report. Last year, coworking operators opened more than 1,000 offices nationwide, increasing the flex space’s share of total office inventory to 2.2 percent.