WeWork’s spectacular failure at going public has thrown a spotlight on the vitality of the coworking sector in general — and it looks like one of its main rivals may have a big task ahead in filling its space.
Flexible workplace provider Knotel, which is valued at over $1B, has nearly 800K SF that is either vacant right now or set to be vacant in the next year in New York City, Crain’s New York Business reports.