While some landlords, commercial real estate brokers and Wall Street observers were expressing concern that the bankruptcy filing by coworking office space giant WeWork would be a devastating blow to the shared office space sector, a flexible office space operator with locations in Westchester and Fairfield remains bullish on the business.
Diamond Properties now has shared workspace locations under its Velocity Flexible Workspace brand operating in White Plains, Pleasantville and Hawthorne, two facilities in Mount Kisco and a location in Stamford. In addition, there is a Velocity outlet in Cincinnati, Ohio. Diamond has 85 properties with 14 million square feet in 12 states in its portfolio. Its real estate ranges from office buildings to bowling alleys.
By: PETER KATZ from Westfair Business Journal