Office Space Price Index — October 2026
Median private-office pricing for New York City, Miami, Los Angeles, Atlanta, Houston in October 2026, computed from live SquareFoot inventory, with month-over-month movement.
Short answer: they are not the same kind of company, so the choice is usually both, in order. WeWork is a coworking and serviced-office operator: it leases buildings and rents you desks and private offices inside them. SquareFoot is an office-space marketplace built for tenants: it shows you WeWork next to every other option in New York, serviced and conventional, with live pricing, then connects you with the right broker or operator, who negotiates on your side. WeWork charges you rent. SquareFoot charges you nothing; the landlord or operator pays the commission.
If you already know you want a WeWork private office in a specific building, go direct. If you want to know whether WeWork is the best value for your team, use a broker, because the answer in New York in 2026 is often no.
Live listings in New York City right now
Value pick57 West 57th Street$489/desk/moView this space →Typical315 Madison Avenue$700/desk/moView this space →Premium66 Hudson Blvd E$1,000/desk/moView this space →
Asking prices from operators, updated as inventory changes. See all New York listings →
What each one actually is
| WeWork | SquareFoot | |
|---|---|---|
| Business model | Operator. Leases or manages buildings, rents memberships and private offices | Office-space marketplace (flex.squarefoot.com) that matches you with the right broker or operator |
| What you can rent through it | WeWork desks, private offices and full floors, in WeWork buildings | Any space: WeWork and every other operator, subleases, direct leases, medical suites |
| Who it works for | Its own occupancy | The tenant |
| Cost to you | Monthly membership or office rent | $0. Commission is paid by the landlord or operator |
| New York footprint tracked on flex.squarefoot.com | About 33 locations | 729 active listings across Manhattan, Brooklyn and Queens, September 2026 |
| Negotiates for you | No | Yes: rate, term, free months, expansion rights |
| Best for | A team that wants a known brand, community programming and the ability to add desks fast | A team that wants the best space for the money and someone to run the search |
What it costs in New York right now
Across the 155 New York listings with a published per-desk price on flex.squarefoot.com in September 2026, the median serviced office runs $700 per person per month, with the middle of the market between $525 and $937. WeWork’s Manhattan locations with published pricing on the marketplace list private offices from roughly $620 to $970 per desk per month, which puts WeWork at or above the market median for comparable serviced space. That is not a criticism. It reflects WeWork’s building quality and brand. It is the reason a tenant should see the alternatives before signing: at a 10-person office, $200 per desk per month is $24,000 a year.
The submarket matters more than the operator. Chelsea and Flatiron serviced offices carry a $970 median; Midtown $750; the Financial District $650; Brooklyn $500. A WeWork in FiDi can cost less than an independent operator in Flatiron. See the full NYC office pricing by neighborhood, updated monthly.
When WeWork is the right answer
- You want a global brand your team and clients recognize, with the same experience in every city.
- You expect to add or shed desks month to month and value the ability to do that inside one building.
- You want community programming, events and a staffed front desk without thinking about it.
- You are under about six people and the difference between $700 and $900 a desk is not worth a search.
When a tenant broker is the right answer
- You are 8 to 50 people and the total spend justifies an hour of comparison. At that size the market has operators, subleases and small direct leases that can beat WeWork on price, light or location, and only a broker puts them side by side.
- You want someone to negotiate. Operators, WeWork included, negotiate rate, term and free months more than their websites suggest, and a broker who does this weekly knows where the room is.
- You are deciding between serviced space and a conventional lease. A broker handles both; an operator can only sell you its own.
- You need medical, therapy or other specialty space, which operators generally do not carry.
Using both
The common outcome is that a SquareFoot search ends at a WeWork. The tenant still comes out ahead: they toured the alternatives, they know the WeWork price is the right one for them, and the terms were negotiated by someone whose fee did not depend on the answer being WeWork. Because SquareFoot is paid by the operator on any serviced deal, there is no reason to use one rather than the other; the broker’s job is to make the operator decision an informed one.
How the SquareFoot process works
- Tell us headcount, neighborhoods, budget and move date, or browse live New York spaces with prices and save the ones you like.
- A specialist confirms availability and pricing with each operator and sets up tours, usually within the week.
- You tour, your matched broker negotiates the shortlist, you sign with the operator or landlord directly. No fee to you.
Common questions
Is SquareFoot a competitor of WeWork? No. WeWork is one of the operators SquareFoot places tenants with. SquareFoot does not operate space.
Does using a broker make WeWork more expensive? No. WeWork pays broker commissions out of its own marketing budget, as every operator does, and the tenant’s rate is negotiated the same way with or without one.
Can SquareFoot get me a WeWork discount? Sometimes, through term and free-month negotiation rather than a list-price discount; the bigger saving is usually the alternative you did not know existed.
What if I want a traditional lease later? The same broker handles it. That continuity, from a first serviced office to a first direct lease, is the case for starting with a tenant broker.
Prices are asking rates from operators on flex.squarefoot.com as of September 2026 and change monthly.
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