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About 14 months ago, I started going to WeWork because of all the news about how horribly mismanaged it was. I thought it would be good value for my dollar sinc

About 14 months ago, I started going to WeWork because of all the news about how horribly mismanaged it was. I thought it would be good value for my dollar since so much was being “subsidized” by the SoftBank investment. The rumors were true! An extremely nice (extremely empty) building with great amenities for a fair price. I ended up renting a 1-person office for a discounted rate of about $450/month. At my last renewal, I was told that discount was no longer available because 1-person offices at my location were in such high demand. So I gave it up and switched back to the “All Access” membership for $299/month which basically grants access to the shared spaces and phone booths in the building. The issue is that there’s nearly an entire floor of empty office space in the building. But it’s built out in the form of open offices for 30, 50, or 100-person companies. There just seems to be no interest in that but high interest from individuals who want a private office. I’m curious to see if my location will be affected by the closures. If it isn’t, I can only shake my head and wonder how bad of shape some of these buildings are in financially.

Tarsul 4y ago
I truly hope that in a few years small offices will come back. It appears that right now companies just decrease their rents and space (because a part of their employees are working at home) but are still gung-ho on open office. However, I think in a few years maybe all this new, free space can be used for people like you and me who want small offices. Maybe it will happen, who knows.
- bombcar 4y ago
  It's exceptionally sad because the companies leasing out these buildings just want to lease; they'll throw up walls and do other renovations if you ask. I was with a company that moved from a larger space into a smaller one and they were perfectly happy to throw up some walls to make offices and take down a pair of walls to make a copier space - "for free".

Tarsul 4y ago

I truly hope that in a few years small offices will come back. It appears that right now companies just decrease their rents and space (because a part of their employees are working at home) but are still gung-ho on open office. However, I think in a few years maybe all this new, free space can be used for people like you and me who want small offices. Maybe it will happen, who knows.

bombcar 4y ago
It's exceptionally sad because the companies leasing out these buildings just want to lease; they'll throw up walls and do other renovations if you ask. I was with a company that moved from a larger space into a smaller one and they were perfectly happy to throw up some walls to make offices and take down a pair of walls to make a copier space - "for free".