Remote work has been one of the most impactful changes to our workforce in recent years. Despite the benefits of a reduced commute and more sustainable hours, many people miss the social aspect of a traditional office. Coworking surged in popularity as an option for remote workers to still socialize during their workday, but almost half of these spaces struggle to turn a profit. They are often too expensive for the average person to afford, often costing between $200 and $700 for an individual desk. There are also not a lot of socialization opportunities in these coworking spaces, so almost 70% of members haven’t made friends outside of their direct coworkers.
Some community-focused coworking in NYC spaces are taking over and are finally cracking the code on how to make coworking a profitable venture. These companies can reduce operating expenses to a fourth of their original cost by using underutilized space in hotels, bars, and restaurants, which solves the fatal flaw of this industry. This strategy ultimately translates to much more affordable memberships, at only $30. They also have a greater focus on creating a social atmosphere by hosting communal lunches and happy hours for members. Workers can now feel like they have the ability to make friends both outside of the office and outside of their company.
Source: Tavern Community
