Last month, WeWork hit a $16 billion valuation. That’s billion. With a “b”. The valuation reflected a 53% growth in appraisal, and the colossal coworking space is expected to raise even more money in the near future. Although many people have mixed feelings about WeWork, the company is proving there is robust appetite for coworking spaces throughout the country. Even GE moved some of its company into a WeWork. While coworking isn’t quite right for all companies, the office alternative is proving to be a sustainable option for many growing companies. 

Read the blog post on blog.gethightower.com >

If you ever tried to find a table for four or more at a local coffee store to work on a group project or a startup idea, you know it is not an easy task. If you finally manage to Tetris your way out of rearranging chairs and tables, you are still met with annoyed glances from the barista behind the counter. Founded by four friends who were faced with this very problem, Croissant has an answer for all those in need for office space, but who either cannot afford or do not want to commit to a co-working space.

Read the article on psfk.com >

Blogfabrik, is a Berlin-based coworking space, that in exchange for two contributed articles a month will give freelancers a desk to work from. The articles are for Blogfabrik’s online publication DailyBreadMag which is marketed toward 18-35-year-olds. Freelancers are asked to promote the pieces they contribute through their personal social media channels and organize one event for the publication over the course of the year.

Read the article on psfk.com > 

A new report from Compass Offices has identified three key trends in the shared office industry in the leading Asia Pacific markets – Hong Kong, China, Australia and Singapore. These trends are emerging against a backdrop of continuing economic development in the region. Despite the current economic uncertainty, the Asia Pacific region is set to become the largest contributor to the global economy by 2020, with a projected rise of inward investment in several key markets.

Read the article on offincingtoday.com >

We’ve seen the meteoric rise over past few years in every major city across the country. The service has now become available in just about every metropolitan market and just keeps going. Freelancers, entrepreneurs, and startups have long sung the praises of working these highly charged environments. Development teams execute critical sprints in the conference rooms. Companies hold the sales meeting/ product seminars in the open spaces. Personally, I find that my drive factor goes into hyperspace when I drop in at one of these facilities when I’m working in NYC. (LMHQ is my haunt of choice). You just feed off the environment.

Read the opinion by Bill Lewis on medium.com >

BMW is hoping to tap into north Brooklyn's creative economy by opening co-working offices, a restaurant and event space aimed at the area's design professionals.  A/D/O, billed as a "place for design professionals to work, develop and play," will open late this summer at 29 Norman Ave., taking over the massive warehouse that was once home to the Brooklyn Night Bazaar.

Read the article on dnainfo.com >

Staples Inc. has found a new use for some of its roomy office-supply stores: make parts of them into offices. The retailer is joining other chains including Sears Holdings Corp. and Macy’s Inc. that have carved off sections of their stores to other companies in an effort to improve store productivity and to give shoppers, increasingly tempted to buy online, another reason to stop by.

Read the article on wsj.com >

Looking for real estate in NYC to expand or move your office can be a daunting task. From the largest of corporations to small startup teams, moving is an unavoidable growing pain. A simple solution is to use coworking spaces during these times when you need extra office space and possibly as a permanent solution. Many corporate employees find the coworking environment to be exciting and energizing because they are exposed to new surroundings, additional networking opportunities, and new people. Working alongside startups and innovators can be extremely motivating for corporate employees not used to being around such an exciting environment.

Read the blog on blog.getcroissant.com >