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New York Coworking Firm Expands As WeWork Slows Down

Serendipity Labs to Open At Least Eight New Locations This Year

The entrance to a Serendipity Labs space in downtown Los Angeles. (Serendipity Labs)
The entrance to a Serendipity Labs space in downtown Los Angeles. (Serendipity Labs)

While WeWork slows leasing to get into financial shape, a rival shared-office provider is increasing its business by shifting away from a franchise model that builds coworking space to one that manages these spaces for landlords and real estate developers.

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