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WeWork expands at Cohen Brothers’ 135 East 57th

Co-working giant takes two extra floors, bringing total to 125K sf

From left: Charles Cohen, 135 East 57th Street, Miguel McKelvey and Adam Neumann
From left: Charles Cohen, 135 East 57th Street, Miguel McKelvey and Adam Neumann

WeWork signed a lease for two more floors at Cohen Brothers Realty’s 135 East 57th Street, expanding its office space in the tower to 125,000 square feet.

The co-working company now occupies nine floors in the 32-story tower. It initially took four floors in early 2016, before adding three more in November. Savitt Partners represented the tenant.

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The two floors WeWork is now taking were previously occupied by online investment firm E-Trade.

WeWork struck two monster deals this week – paying $850 million for Lord & Taylor’s flagship building on Fifth Avenue and paying $785 million for a London office complex owned by the Blackstone Group. [CO] — Konrad Putzier

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