Andrew Lim, director of New York research for JLL shares that coworking firms filled up space on the lower end of the quality spectrum, almost perfectly covering the gaps from pre-pandemic flights to quality.

Fascinating to see, or be reminded, that in 2018 WeWork took on 7 more locations covering nearly 360k sqft bringing their total to 5.3M sqft. Spaces also took on 244k sqft in the city that year, whilst Knotel took on an additional 62k to reach 1.7M sqft.