Re: Coworking in Recession
Heidi and Molly <heidi.and.molly <at> northstaroffices.com>
2009-03-02 03:37:49 GMT
We've typically seen a surge every January and September for the past
few years. Although we did have a Jan surge this year like in the
past, it wasn't as big as usual, and we also lost a bunch of people,
including one of our biggest renters. It was a group of folks working
remotely for their headquarters in NH. The main company got hit hard
by the economy and laid off a bunch of folks, and asked the rest to
work from home to save on expenses. Another of our tenants was also
fired (and his company was paying his rent at our offices), and others
who had tenuous start-ups have closed up shop (I think we've lost 4 or
5 of these in the last 2 months). There are still new folks coming
through, and a lot of start-up folks holding strong still, but it's
been pretty rocky the last couple of months, and I'm not sure what to
expect in the next few months.
On Mar 1, 2:03 pm, Jerome Chang <jer... <at> blankspaces.com> wrote:
> Yes, we saw a January surge followed by a Feb dip. Given the types of
> inquiries this month though, I see a March surge.
> "work wide open"
> 5405 Wilshire Blvd (2 blocks west of La Brea)
> Los Angeles, CA 90036
> 323.330.9505 (office)
> On Mar 1, 2009, at 11:56 AM, Sasha wrote:
> > Hi, everyone
> > Are any of you seeing any difference because of the recession - good
> > or bad? Is anyone changing their strategies? I know I've seen a couple
> > of spaces offer up "Pink Slip Specials" and such. Has that been
> > successful?
> > We at Sandbox Suites had an influx of people in January (as did others
> > on this list) and toward the end of the month actually expanded. But
> > Feb. has been pretty slow. Would love to know how others are doing.- Hide quoted text -
> - Show quoted text -