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
Eliot Brown and Maureen Farrell with Adam Neumann (iStock, Illustration by Kevin Rebong for The Real Deal)
“Too much money and no guardrails:” WeWork book authors dish on collapse
“Too much money and no guardrails:” WeWork book authors dish on collapse
Adam Neumann, Masa Son and Jamie Dimon: What happens to the system when the adults in the room wet the bed? (Photo illustration by Kevin Rebong)
“The Cult of We” review: Inside Adam Neumann’s spectacular rise and fall
“The Cult of We” review: Inside Adam Neumann’s spectacular rise and fall
WeWork CEO Sandeep Mathrani (WeWork, iStock)
WeWork reports membership growth, best sales since 2019
WeWork reports membership growth, best sales since 2019
 Adam Neumann (Getty, Bal Harbour Florida)
Ex-WeWork CEO Adam Neumann inks $44M deal for Bal Harbour properties
Ex-WeWork CEO Adam Neumann inks $44M deal for Bal Harbour properties
Photo illustration of Adam Neumann (Getty, iStock/Illustration by Kevin Rebong for The Real Deal)
Adam Neumann’s WeWork golden parachute even bigger than previously reported
Adam Neumann’s WeWork golden parachute even bigger than previously reported
arrow_forward_ios

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

Loading...