WeWork has signed a lease in Lower Manhattan as coworking demand in the city rises. The firm is taking a 60,000-square-foot ...

Santora took the helm in June 2024 after 47 years at Cushman & Wakefield. He slashed WeWork’s debt following the company’s ...

(Bloomberg) -- WeWork signed a lease in lower Manhattan for a new location as coworking demand in the city rises. The firm is ...

The company signed a lease for 60,000 square feet at AmTrust RE’s 250 Broadway in Lower Manhattan, its first since 2019.

The outlet said WeWork also ditched two floors at 25 West 45th St. in Midtown Manhattan. And in 2022, WeWork also bailed on a lease for 112,000 square feet of space in a building in the Chicago ...

WeWork Plans Major Changes. WeWork said in a statement that it will focus over the next 12 months on reducing rental costs, negotiating more favorable leases, increasing revenue, and raising capital.

By 2019, WeWork was the biggest private occupier of office space in Manhattan, operated millions of square feet in dozens of countries and was valued at US$47 billion (S$63 billion), which made it ...

WeWork rents 6.4 million square feet across more than 70 locations in Manhattan, a top city office-leasing expert estimated for Crain’s. That figure couldn’t be verified independently, but it ...

WeWork, the troubled Manhattan-based coworking giant, will seek to exit seven leases in the Bay Area as part of its bankruptcy filing Tuesday. The affected spaces total more than 450,000 square-feet.

WeWork ultimately went public in 2021 through a Spac merger at an enterprise valuation of $9bn. It projected at the time that by 2024, it could make $2bn in cash operating profit.

WeWork’s subsequent nosedive is costing SoftBank more than the estimated $11.5 billion in equity losses and another $2.2 billion in debt still on the line.