Reworking Office Space: Industry City, Brooklyn Case Solution
This is just an excerpt. This case is about FINANCE & ACCOUNTING
PUBLICATION DATE: June 06, 2016
Jamestown is considering the best ways to finest lease a part of their brand-new advancement along the Brooklyn waterside, Industry City. The 6 million square foot, mixed-use advancement is suggested to settle Brooklyn's growing development, innovative, and "maker" neighborhoods. Jamestown is captivated by the just recently restored pattern of "shared office," promoted by WeWork and come from by widely known gamers like Regus. The case is planned to present the reader to the shared office market, consisting of the resemblances and distinctions from conventional office, and check out the underlying patterns owning this modification, in addition to the threats to business design. Jamestown needs to weigh the benefits and drawbacks of their various leasing techniques, consisting of financial, functional, and reputational, and should choose whether to rent the space to a standard renter, rent the space to a 3rd party shared office operator (e.g., WeWork or Regus), or establish their own shared office offering.
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