As the gig economy grows, more American workers are finding themselves with a side hustle in addition to a more traditional full time job. New Yorkers, in particular, are dominating in the freelance world with over half a million freelancers just in the metro area. A new report shows that 1.3 million NYC residents have performed freelance work within the last 12 months; that is nearly a third of the city’s active workforce. This is the highest concentration of any city in the United States and is visible in many coffee shops and libraries with gigsters typing away on laptops intently. This is a number that is going to continue to rise with the growth of technology and global connectivity that are permanently altering the economy.
However, working from coffee shops or a make-shift home office can get old, and sometimes the productivity can suffer.For those more workers serious freelancers, entrepreneurs ready to take the next step in their business, or even those just looking for a quick change of scenery, co-working spaces can be a great option. Co-working offices offer an environment that encourages collaboration, innovation, and out-of-the-box thinking.
The Big Apple is an ever-growing hub of business, technology, commerce, and innovation. It is one of the most important economic centers in the world. Almost every industry sector is gaining traction and finding ways to thrive in an evolving economy. The tech scene in particular is attracting some of the globe’s top talent to the city. Many New Yorkers are able to find a satisfying career in the high-growth, high-demand tech sector.
This, in part, has played into the explosion of NYC co-working spaces. A metropolis that appears to be bursting at the seams necessitated the creation of more flexible work environments. Co-working spaces have been a great solution for many businesses that want an office location that invited teamwork and collaboration, could host potential investor and stakeholder meetings, and provide a healthy, productive atmosphere. They also offer a place for that growing talent pool of individuals who are a part of the gig economy living in NYC to set up local operations.
Shared work spaces in NYC have popped up to meet burgeoning demand. Now, co-working is a steady murmur beating within the city’s entrepreneurial ecosystem. Many of New York City’s historic districts have transformed into breeding grounds for creative partnership. They each offer office-type amenities, flexible price models, unique vibes, and ⎯ best of all ⎯community! Users love the short-term leasing options and affordability that co-working spaces in NYC offer over traditional office spaces.
The list of co-working space providers in the NYC metro area is long. Most people will be able to find what they are looking for in a place given the sheer volume of options available. So what can you expect and what should you be looking for? Here are some things to consider:
If you are a night owl, you might be looking for a co-working space that has 24/7 access. Are you planning on hosting regular meetings? Make sure the space you select has these types of rooms available for reservation and that the furniture meets your needs. Are you going to be doing a lot of printing and mailing? Try and find a provider that includes the cost of these in the lease agreement. Also consider transportation proximity; no one wants a longer commute time if they can avoid it.
If you are only planning to hot desk a few days a month, then it may not be a financially sound decision to pay for a month-to-month lease. There are plenty of co-working spaces with daily fees where you can go in as needed, but on a schedule that works for you and your budget. Other startups and/or entrepreneurs may be looking for along-term option, maybe even dedicated office spaces rather than shared desks.Identify which providers have the type of space that meets your usage needs.
Beyond some of the more basic amenities like furniture, snacks, and access, you might have an idea of the vibe you are seeking. You might have a focus on sustainability, so you are looking for a space that meets green energy standards. Perhaps you are early on in your career, so you want to reap the benefits of networking and professional development that some co-working spaces offer. Then, you might be looking for a place that emphasizes community programming and networking events that will have you regularly interacting with other workers and even community and business leaders. Places like Alley feature weekly catered lunch, free events, and business development services.
As the NYC co-working scene strives to meet the demand of freelancers and small business talent, they will continue to grow and adapt to the needs of workers. If you have wondered what all the fuss about shared work spaces is about, now could be the perfect time to give it a try.Schedule a tour with a provider with your desired characteristics to see what it can offer and how it can help you grow your career and business.
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