The stability and future of co-working office space in the realestate market has long been debated, and the coronavirus crisis hasmore squarely focused industry executives to question short- andlong-term prospects.
The COVID-19 pandemic ushered in historic double-digitunemployment claims, and furloughs and other cost-cutting measureshave cut across professional industries. Local, state and federalauthorities instituted broad guidelines limiting social contact,measures that are counter to shared workspace.
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