Where WeWork Isn't: Coworking Brands In Smaller Markets Flourish Away From Goliath
Coworking's rapid expansion has been concentrated in gateway U.S. markets, but smaller coworking providers are capitalizing on untapped demand in smaller cities. And they aren't afraid of the $47B elephant in the room.
“It's a practical matter,” Serendipity Labs CEO and Chairman John Arenas said. “It's very hard to transfer some brands outside of big city centers.”
While Serendipity Labs has locations in gateway markets like Chicago, Los Angeles and New York City,…
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Amazon Cancels Plan To Open Headquarters In New York City
Amazon giveth and Amazon taketh away.
Three months after the internet giant announced it would open a 25,000-job headquarters in New York City's Long Island City neighborhood, the company has changed course.
Read the latest in this developing story here. |
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Online Grocery Startup Uses AI To Skip Physical Stores And Crack Delivery Code
A Bay Area startup is taking on one of the biggest barriers to e-commerce's takeover of grocery shopping.
The startup, called Farmstead, delivers groceries to its online subscribers by sourcing produce from farms and storing them in its own "micro-warehouse," rather…
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What The Green New Deal Means For Commercial Real Estate
The Green New Deal would lead to significant overhauls in how U.S. real estate is developed and how Americans go about their daily commute. The bill, which is not expected to pass an upcoming vote in the U.S. Senate, also calls for “upgrading all existing buildings in the United States.”
Read the full story here. |
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Blackstone Claims Extortion In Lawsuit, Defendant Claims Predatory Behavior
Blackstone is locked in a legal battle with an Italian media magnate whose company said the U.S. firm has to give back a building it bought five years ago because it was sold at a time of distress.
Blackstone has filed a lawsuit in New York claiming that Italian media company RCS tried to block the sale of RCS' former Milan headquarters “in an effort to extort” Blackstone.
In turn, RCS has launched an arbitration claim in Milan, arguing that under Italian criminal law, Blackstone had committed usury, because it knew RCS was in financial trouble when it bought the HQ, and used this situation to make an outsized return on the deal.
Read the full story here. |
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Whoops! 3 Opportunity Zone Mistakes People Have Made Already
Interest in opportunity zones is as hot as ever, especially as the industry waits for more guidelines to come after the IRS public hearing Thursday morning. With everyone running headfirst into deals, it's good to be aware of how other people have messed up already — so that you don't have to.
Read the full story here. |
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