New York City, NY Coworking & Shared Office Spaces
Frequently Asked Questions
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The most affordable coworking option in New York City currently costs $15/month, while prices can go up to $3,000/month. Prices vary greatly based on membership type:
- For coworking community members who prefer a little consistency and some sense of privacy and focus, the average starting price for a dedicated desk membership is $85/month.
- If you are looking for more privacy in your focus hours, consider a private office coworking membership, for which the price starts at an average of $400/month.
- If your small company is growing and needs to scale up, while offering each employee their focus space, then an office suite membership might be the right choice for you. In New York City, the starting price for office suite coworking memberships rests around an average of $2,300/month.
- If your company has grown to the point of having your brand on the door and a space all to yourselves, then your level of professional workspace needs might call for a full floor office coworking membership, for which the average starting cost in New York City is $21,000/month.
- If your business does not need a regular workspace but would benefit from a steady business address and a dedicated phone number, virtual office coworking memberships in New York City are available at starting prices between $10/month and $500/month and, depending on the provider, might come with a suite of additional business perks.
- If you are in need of a space to meet clients, bring a team together every now and then, hold training sessions or networking events, the reservation costs will be different, as well. Booking a coworking space meeting room, meeting space, or board room in New York City starts at $0/hour.
- If you have a milestone to celebrate, an important company announcement that you would rather make in person, or just want to bring your peers together for the occasional networking opportunity, event space is also available in some local coworking hubs for an average starting rate of $40/hour and some also come with amenities such as catering, audio-video equipment, and staff support.
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The average price of the most affordable coworking membership in New York City is $15/month, while the national average for that membership type is $210/month.
For comparison, the highest price for the same membership is in Staten Island, NY at $3,000/month. The most affordable location for the same membership is Hamilton, NY, where prices average $30/month.
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The local market currently offers 364 coworking space listings. The city includes both local brands as well as national coworking franchises.
In New York City, WeWork offers the most locations available for booking, followed by Industrious.
Coworking spaces in New York City offer members and visitors various flexible workspace options. The most frequently available workspace types on the local coworking scene are: Meeting Room, Private Office and Day Pass.
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The amenities and facilities offered by coworking spaces in New York City includes highlights such as:
- Receptionist/Secretarial services - found in 33 different coworking listings.
- Complimentary coffee & tea - found in 26 different coworking listings.
- Ergonomic furniture - found in 19 different coworking listings.
Other commonly available amenities include Cleaning services, Business address and High-speed wifi.
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The average cost of a private office here is $10,403/month, offering teams and small companies the dedicated space they need.
Prices for the most affordable private offices in New York City can be as low as $400/month, while premium options can ask as much as $15,000/month.
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Yes, there are currently 121 coworking spaces open 24/7 in New York City. This can prove beneficial for workers with shifting schedules or for those that cooperate with international teams in different time zones.
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The following neighborhoods have the largest coworking offerings in New York City:
- Midtown Manhattan - 167 listings totaling 123,069 square feet of coworking space, with prices for private offices here averaging $3920.
- Downtown Manhattan - 73 listings totaling 43,455 square feet of coworking space, with prices for private offices here averaging $12900.
- Northwestern Brooklyn - 29 listings totaling 470 square feet of coworking space, with prices for private offices here averaging $2898.
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New York City, NY in the news
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While New York City has the second-highest cost of living in the country, being in the country’s epicenter of business and taking advantage of the vibrant city's coworking scene provides clear advantages.
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Similarly, New York City — the first area in the U.S. to face the full scale of COVID-19 in March of last year — was placed under full lockdown as part of the PAUSE strategy. Here, over the course of the last year, 42% of people living in the metro worked remotely, which is on par with Atlanta and Chicago.
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New York boasts one of the most diverse economies in the country, and STEM jobs here account for 5.2% of the total employment in the city. Specifically, the local STEM sector accounts for nearly 216,000 jobs, 31.8% of which are held by women—one of the highest-scoring representations among the cities in our ranking. Meanwhile, in terms of pay, New York recorded the fifth-highest increase of median yearly income for women holding local STEM jobs. Their median income saw a five-year increase of 22.2% starting in 2015.
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NYC had the largest population of Gen Zers at 2.3 million, therefore receiving the full 10 points for that indicator. But, in terms of percentage, Zoomers were the least prevalent in New York City when compared to all of the top 10 cities. Furthermore, NYC earned close to the maximum number of points for its large number of colleges, internet speed and entertainment availability. And, besides being a fast-living metro, NYC is also highly walkable — a trait that Zoomers are sure to appreciate.