140 Erie Boulevard
Schenectady, NY 12305
info@capitalcoworks.com
212.641.0740
432 Franklin Street
Schenectady, NY 12305
info@capitalcoworks.com
212.641.0740

THE EVOLUTION OF WORK

WHAT IS COWORKING?

Coworking is "the use of an office or other working environment by people who are self-employed or working for different employers, typically so as to share equipment, ideas, and knowledge" (Source).

  • There's an estimated 35,000 flexible workspaces in the world today" (Source).

  • Coworking spaces made up 8.1 percent of all leases in New York City in the first half of the year (Source).

 

  • By 2030, the coworking market is forecasted to characterize 30% of US office stock (Source).

 

  • In 2018, coworking spaces increased by 16% in the US and by 36% outside the US (Source).

 

  • 40% of flexible workspace is attributed to demand from large, corporate companies; 14% of employees at large companies use flexible workspaces​ (Source).

  • "The global market value of flexible workspaces is estimated at an approximate $26 billion" (Source).

WHY CAPITAL COWORKS?

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