Avison Young data shows that Midtown Manhattan’s top office corridors are no longer rising together. Hudson Yards and the Plaza District are now the fastest-growing corridors at 6.4% and 7.4% annual rent growth since 2022, while Penn District has cooled to around 2%.

If you’re looking at Midtown office space, the Plaza District and Park Avenue remain the priciest and most resilient, driven by finance and legal tenants who aren’t going anywhere.

British Land (who own coworking brand Storey) has appointed Joanne McNamara as its new chief executive, with her set to join in November.

Joanne comes from Oxford Properties, where she spent 15 years building a European portfolio worth over £8bn. Samantha McClary of the British Council for Offices highlights this as a strong hire, both for McNamara’s track record and for adding another female CEO to the UK listed property sector alongside Helen Gordon.

CoworkingCafe’s latest analysis explores how live-work-play (LWP) developments have expanded across the US over the past decade. They tracked 542 developments completed between 2016 and 2025, along with 94 more projects in the 2026-2029 pipeline, to see how this building model is evolving nationally and across major cities.

The 542 LWP developments spanned 129.45M sqft. 2025 alone saw 67 completed projects. Residential remains the defining feature of these projects, averaging 62% of the sqftage nationally, compared to office (27%) and retail (11%).

The number of coworking spaces located within these developments in the top 10 cities for LWP buildings, rose from 35 in 2022 to 56 in 2026 – a 60% increase – highlighting the growing connection between flexible work and mixed-use environments.

With 119 developments, New York City has the largest LWP footprint in the country, well ahead of other major markets. The city also has 17 coworking spaces within these properties, reinforcing its position as both a mixed-use and flex office leader.

Several smaller markets stand out for coworking integration. San Francisco, for example, has just 7 developments, but six include coworking, giving it one of the highest coworking concentrations in the study. Meanwhile, cities such as Rochester and Philadelphia stand out for relatively large office footprints in their live-work-play projects, but no coworking presence so far.