Industrious to Open 18K-SF Coworking Space at 902 Broadway

Coworking firm continues Manhattan expansion with new Flatiron District location

Published on Feb. 9, 2026

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Coworking company Industrious has signed a 15-year, 10-month lease for 18,200 square feet on the entire seventh floor of the 20-story office building at 902 Broadway in Manhattan's Flatiron District. The new location will include dedicated offices, private suites, and on-demand access to coworking and meeting spaces.

Why it matters

Industrious' expansion in New York City comes after the company was acquired by CBRE in 2025 for $400 million, signaling continued demand for flexible office space as companies adapt to evolving work styles. The new Flatiron location provides Industrious with a centrally located hub near transit, recreation, and other building amenities.

The details

The asking rent for the 18,200-square-foot space was $69 per square foot. Industrious was represented by Cushman & Wakefield, while the landlord, Koeppel Rosen, handled the deal in-house. Other office tenants at 902 Broadway include IMAX Corporation, SeatGeek, Fenwick & West, William Grant & Sons, and MD2.

  • Industrious signed the 15-year, 10-month lease on February 9, 2026.

The players

Industrious

A coworking firm that has more than 30 locations across Manhattan and Brooklyn.

Koeppel Rosen

The building manager of 902 Broadway.

Cushman & Wakefield

The real estate firm that represented Industrious in the lease transaction.

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What they’re saying

“As companies continue to adapt to ever-evolving working styles and employee preferences, we're seeing a resurgence of coworking providers leasing space in New York City.”

— Max Koeppel, Director of leasing for Koeppel Rosen (commercialobserver.com)

What’s next

Industrious is also set to soon open another coworking location at 190 Bowery in Nolita.

The takeaway

Industrious' expansion in Manhattan, including its new 18,200-square-foot Flatiron District location, reflects the continued demand for flexible office space as companies adapt to evolving work styles and preferences.