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Coworking Is 'New Type of Potential Financial Stability Risk,' Boston Fed President Says

Firms Seen Raising Risk of High Office Vacancy, Greater Defaults in Any Recession
Boston Federal Reserve Bank President Eric Rosengren expressed concern about the shared office provider industry. (The Boston Globe/Getty Images)
Boston Federal Reserve Bank President Eric Rosengren expressed concern about the shared office provider industry. (The Boston Globe/Getty Images)
By Jacquelyn Ryan
CoStar News
September 20, 2019 | 9:06 P.M.

The president of the Boston Federal Reserve Bank is warning that coworking creates a new type of financial risk to the commercial real estate market in major urban office markets.

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