{"id":1004797929,"date":"2026-05-08T01:59:18","date_gmt":"2026-05-08T09:59:18","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004797929"},"modified":"2026-05-08T03:22:14","modified_gmt":"2026-05-08T11:22:14","slug":"industrious-to-open-new-midtown-manhattan-location","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/industrious-to-open-new-midtown-manhattan-location\/","title":{"rendered":"Industrious to Open New Midtown Manhattan Location"},"content":{"rendered":"\n

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The property at 875 Third Ave. is LEED Gold-certified.
Image courtesy of Yardi Matrix<\/em><\/figcaption><\/figure><\/div>\n\n\n

Industrious will open a 28,000-square-foot coworking location at Global Holdings\u2019 875 Third Ave.<\/a>, a 700,000-square-foot office tower in Midtown East Manhattan. The space is scheduled to begin operating in July 2026.<\/p>\n\n\n\n

Upon opening, the flex office space will enclose 226 office seats and 26 access seats. Shared amenities will include access to the building\u2019s fitness center, dining area and caf\u00e9.<\/p>\n\n\n\n

The office building housing the coworking venue is across the street from the subway station at the corner of Lexington Avenue and East 53rd Street. Industrious’ closest flex location is at 45 E. 53rd St., two blocks west. <\/p>\n\n\n\n

The flex office provider will soon open another venue in Midtown, dubbed Reserve at Lever House, at 390 Park Ave. The coworking giant will further expand its presence in Midtown with a 291,600-square-foot venue at Kato International’s Tower 49, set to become the largest single flex office space <\/a>in the world.<\/p>\n\n\n\n

Hybrid work continues to drive growth across the office sector, allowing companies to reduce their costly long-term leases and adapt to the current landscape. Trends across the coworking industry<\/a>, however, have their own playbook, facing away from experimental moves and turning to strategic ones. As of March 2026, the national coworking footprint reached 164 million square feet, accounting for 2.3 percent of office inventory, according to a recent Yardi Matrix report<\/a>.<\/p>\n\n\n\n

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