Rockefeller Group Business Centers has announced the opening of it’s first coworking facility at their 48 Wall Street location in NYC. I also heard rumblings that Regus has been toying with the idea in San Francisco.

While I’ll admit the competitive side of me cringes at the thought of the heavy weights getting involved. I do think there’s plenty of room for everybody at this point.

A rising tide lifts all boats.

Still — where I find it exciting — the buzz on coworking is attracting investment. This, in my mind, legitimizes the concept.

As we develop our business plan, look for additional ‘backers’, and prepare to lay our own cash on the line — it certainly helps reaffirm that our business instincts are right.

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