{"id":1004799783,"date":"2026-05-26T04:06:20","date_gmt":"2026-05-26T12:06:20","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004799783"},"modified":"2026-05-26T04:39:42","modified_gmt":"2026-05-26T12:39:42","slug":"nyc-coworking-grows-some-more-boosting-office-comeback","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/nyc-coworking-grows-some-more-boosting-office-comeback\/","title":{"rendered":"NYC Coworking Grows Some More, Boosting Office Comeback"},"content":{"rendered":"\n

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In the first quarter of 2026, New York City\u2019s coworking office spaces reached a total of 15.3 million square feet, or 2.6 percent of total office stock, above the 2.3 percent national average. Out of the city’s total coworking inventory, 12.8 million is spread across Manhattan, according to a recent report by Hubble<\/a>. This keeps the Big Apple as the nation’s largest coworking market by square footage, by far.<\/p>\n\n\n\n

Quarter-over-quarter, Manhattan’s coworking inventory grew by 328,000 net square feet. The areas with the largest gains were the Harlem-North Manhattan submarket (+132,500 square feet), Manhattan\u2019s Plaza District (+107,800 square feet) and Grammercy Park (+91,900 square feet). Brooklyn (+70,000 square feet), Queens (+21,500 square feet) and the Bronx (+2,800 square feet) also saw net rises in coworking footprints.<\/p>\n\n\n\n

However, the average per-desk asking price for private offices across Manhattan fell to $785 per month at the end of the first quarter, below the average of $791 recorded in the prior quarter.<\/p>\n\n\n\n