WeWork inks 180K sf lease at 1460 Broadway

Coworking space provider makes first foray into Times Square area

New York /
Apr.April 07, 2015 09:00 AM

Shared office-space provider WeWork has signed a 19-year lease to take up 180,000 square feet at Himmel + Meringoff and the Swig Company’s 1460 Broadway.

WeWork will take up all of the building’s office space, according to the New York Post. It’s the company‘s first foray into the Times Square area. In total, WeWork has 15 locations on Manhattan, according to the newspaper. In February, WeWork inked a lease for 240,000 square foot at 85 Broad Street.

Rents in the building range from the high $50s to the mid-$60s.

White-shoe law firm Skadden Arps, who previously used the location for back-office services, moved out on March 31, the Post reported. WeWork signed its lease that same day.

The building’s second and third floors remain vacant, but will be combined with the ground-floor retail units when those become available in December, according to the newspaper, to create a sprawling, multi-level, 35,000-square-foot flagship store. [NYP, 1st]Claire Moses


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...