WeWork in talks for 500K sf spot at Brooklyn Navy Yard

New York /
Nov.November 06, 2013 03:00 PM

Shared workspace provider WeWork is looking to add a 500,000-square-foot spot at the Brooklyn Navy Yard to the company’s smattering of newly-inked leases in Manhattan.

WeWork CEO Adam Neumann told Real Estate Weekly that the company is in talks with the Navy Yard to take the space, but noted that the lack of transportation in the area is one stumbling block. He suggested the possibility of shuttles running along Brooklyn’s waterfront as a potential solution. There was no word on the spot’s price per square foot or the brokers on the deal.

WeWork, which is also in talks to take all 300,000 square feet of Rudin Management’s 110 Wall Street, picked up 86,000 square feet at 25 Broadway in September and 120,000 square feet at 222 Broadway earlier this year. The company, on track to become New York City’s fifth largest office tenant, currently lists 11 New York City locations on its website. [REW]Julie Strickland


Related Articles

arrow_forward_ios
Wendy Silverstein (Credit: Getty Images)
Wendy Silverstein, co-head of WeWork’s real-estate fund, is out
Wendy Silverstein, co-head of WeWork’s real-estate fund, is out
WeWork CEO Adam Neumann (Credit: Getty Images and iStock)
WeWork’s side businesses are fizzling
WeWork’s side businesses are fizzling
Sarah Pontius (Credit: Union College)
Another head rolls at WeWork
Another head rolls at WeWork
WeWork CEO Sandeep Mathrani and Walter & Samuels Chairman David I. Berley with 214 West 29th Street (Google Maps)
WeWork slapped with $37M lawsuit by Chelsea landlord
WeWork slapped with $37M lawsuit by Chelsea landlord
Rich Gomel, chief investment officer of Two Sigma Real Estate platform (Crunchbase)
WeWork vet hired to launch Two Sigma’s real estate fund
WeWork vet hired to launch Two Sigma’s real estate fund
WeWork CEO Sandeep Mathrani. (Getty, WeWork)
WeWork will accept Bitcoin for membership fees
WeWork will accept Bitcoin for membership fees
Adam Neumann and the “Guitar House” in in Corte Madera (Getty, Realtor)
Adam Neumann gets $22M for California estate
Adam Neumann gets $22M for California estate
Tower 535 in Hong Kong and WeWork CEO Sandeep Mathrani (Photos via SOM, Getty)
WeWork exits first Hong Kong location as part of global downsizing
WeWork exits first Hong Kong location as part of global downsizing
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...