The Spacious team and its lineup of work spaces will now come to WeWork, the company says. Some may have also liked that there was a hard stop to their workday, as the restaurant would have to open for business. Customers, who may have otherwise worked from coffee shops, liked the arrangement because it was more affordable than WeWork. The restaurants benefit from the arrangement by gaining a new form of revenue in what’s an otherwise slim margin business, while also having the chance to attract new customers from the Spacious members who frequent their business. The company has since converted dozens of restaurants in New York and San Francisco into weekday work spaces.Ĭustomers can access the work spaces with anything from a $20 day pass all the way up to a $129 per month annual membership. The company’s goal was to take advantage of under-utilized urban spaces, including abandoned retail stores and empty restaurants, to serve the co-working crowd. Spacious was co-founded in 2016 by CEO Preston Pesek, whose background is in commercial real estate. The three-year-old, New York-based startup turns restaurants that sit empty during the day into co-working spaces, and is one of several niche co-working startups - like Convene, Knotel, Industrious, The Yard, The Wing and Alley, for example. WeWork, now known as The We Company, announced this morning the acquisition of a rival co-working business, Spacious.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |