Workthere represents tenants. But Harding explains that the service benefits the landlords as well. Smaller groups list on the system because they want exposure and to get their products on the market. Larger companies save time and reduce distractions, as the brokers qualify the tenants, matching them with the right product.

“This is an exciting development that complements Savills continuing evolution as an industry leader in technology and innovation, proactively adapting to shifts in global occupier trends,” says Patrick McGrath, CIO and head of client technologies at Savills Studley (the US division of Savills). “Workthere provides a unique offering, with the capability to advise any business on their workspace requirements, from an individual looking to acquire a coworking desk or a global business seeking project space or expansion to a new territory.”

Coworking costs in New York are among the highest in the world. According to Savills 2019 Tech Cities report, the average coworking cost for a desk in a private office in New York City is $950 per month. In Boston the average cost is $970 per month and in San Francisco, it has reached $1,050 per month.

Workthere first launched in the UK in 2017. It operates in seven countries, also including Singapore, Germany, France, Ireland, The Netherlands and now the US. They selected their first US city to be New York, because it's the largest coworking and flexible office market in the country.