WeWork | The Real Deal New York

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WeWork

115 West 18th Street, 4th Floor
New York, NY 10011
(877) 804-3220
Website
joinus@wework.com
WeWork

WeWork is a provider of shared office space and employer services, founded by Adam Neumann and Miguel McKelvey in Soho in 2010. The pair previously started GreenDesk, a similar space provider, based in Brooklyn and having a stated focus on ecological sustainability. WeWork office space, which comes with complimentary access to a variety of community areas and amenities, attracts freelancers and companies alike, especially those in tech. The firm counts start-ups like HackHands and Fitocracy among its successful "coworking" tenants. By June 2015, WeWork had a total valuation of roughly $10 billion after receiving a $5 billion valuation just six months before. The valuation made WeWork the third most valuable office landlord in the country, more than half the size of the largest, Boston Properties, whose co-founder Mort Zuckerman is also one of WeWork's best-known investors. The company's business model is not built on traditional building ownership, as WeWork leases space from other landlords for its thousands of co-workers in over 40 locations across the United States. A handful of locations abroad include three in co-founder Neumann's native Israel.


03/29/17
...Adam Neumann and 205 Hudson Street WeWork continued its leasing spree, adding a new location in Manhattan’s Hudson Square neighborhood...

03/28/17
...funding deal as it prepares to take on WeWork in the flexible workspace market. The new capital raise, an add-on to a previously...

03/21/17
...Cohen, with $2.8 billion, is listed at 717th place. WeWork’s Adam Neumann, with $2.5 billion, is ranked 814th of the world’s billionaires. According...

03/21/17
...building at 524 Broadway in Soho, where it signed WeWork to a 75,000-square-foot lease in January of last year...

03/21/17
...on. The company planned to move from a WeWork space in Manhattan to another in Dumbo Heights located in an office complex owned...

03/20/17
...time since the default, pending lease deals with WeWork and Jimmy Buffett’s Margaritaville at the building fell through.  The majority of the...

03/20/17
“If you choose to stay in rural villages, you can only meet common village girls. Yet if you come to Paris, you will have the...

03/15/17
...whose bets include Airbnb, Redfin, Warby Parker, and WeWork. The round catapulted the company past a $1 billion valuation, and it now has nearly...

03/13/17
...temporarily send some of its Watson crew to WeWork’s Greenwich Village location, which is around the corner from the company’s Astor...

03/08/17
Jonathan Kushner is boldly going where no man has gone before. Just kidding — he built a luxury tower in New Jersey. The ad campaign...

03/07/17
...in talks to invest up to $4 billion in WeWork is heavily backed by sovereign wealth from Saudi Arabia and other Middle Eastern countries...

03/03/17
...three 200-year-old buildings, a possible $3 billion investment in WeWork and 193,000 ultra-high net worth individuals. In real estate, it's all about the numbers. This...

03/01/17
...arguing that there's a better way. Firms like WeWork, Knotel, Common and Founder House are trying to bring the branded hotel flag concept...

02/27/17
...getting ready to invest more than $3 billion in WeWork, a deal that could value the shared-workspace provider at more than $20 billion. The investment...

02/24/17
...Family-led firm Samco Properties and the family of WeWork’s global real estate chief Mark Lapidus own the 153,000-square-foot building, which is fully...

02/24/17
Just weeks after The Real Deal published an investigation revealing ties between Bar Works and a British investor accused of running a Ponzi scheme, the...

02/23/17
...investment sales market looked like last week 4. Paydirt: WeWork hits puberty, StreetEasy becomes the enemy … & more 5. Jeff Sutton raises $233M on Tel...

02/22/17
...West 42nd Street, Adam Neumann and Wang Shi WeWork signed a 64,390-square-foot lease for four floors at 130 West 42nd Street, expanding its already...

02/22/17
...funding round as it prepares to take on WeWork in the growing market for flexible workspace. The round included venture firms Bloomberg Beta...

02/21/17
...Yardeni, Miguel McKelvey, Adam Neumann and Spencer Rascoff WeWork grows up: WeWork brought in some adults to help manage the $16.9 billion playground. James...

02/20/17
...Mar-a-Lago, Trump asks LeFrak to build the wall 5. WeWork revamps company, hires former Brooklyn Bowl and Starwood execs...

02/16/17
...WeWork office space and Adam Neumann WeWork...

02/15/17
...Yardeni was referring to shared-housing spaces such as WeWork’s WeLive platform and the startup Common, which he said provides a valuable service...

02/03/17
...loan for Extell, a potential $1 billion-plus investment for WeWork and three residential units bought at 212 Fifth Avenue for Charles Kushner. In real estate...

01/30/17
...From left: WeWork...
WeWork, Co-Founder
115 W 18th St., 4th Floor, New York, NY, 877.902.0681
Adam Neumann is the co-founder, with Miguel McKelvey, of WeWork, an office rental...
  • Event Office Leasing
  • Address 142 West 57th Street
  • Neighborhood Midtown West
  • Borough Manhattan
  • Square feet 77,930
  • Publication Date 03/01/2017
  • Event Date 01/15/2017
  • Party 1 L&L Holding Company
  • Party 1 Brokerage L&L Holding Company, Mitsubishi Corporation, GreenOak Real Estate
  • Party 1 Broker Andrew Weiner
  • Party 2 WeWork
  • Party 2 Brokerage JLL
  • Party 2 Broker Peter Riguardi, Alexander Chudnoff
notes
The co-working giant signed a lease.
  • Event Office Leasing
  • Address 1328 Broadway
  • Neighborhood Koreatown
  • Borough Manhattan
  • Square feet 122,000
notes
The co-working giant signed a lease.
  • Event Office Leasing
  • Address 135 East 57th Street
  • Neighborhood Central Midtown
  • Borough Manhattan
  • Square feet 40,000
notes
The co-working giant expanded its footprint.
  • Event Office Leasing
  • Address 311 West 43rd Street
  • Neighborhood Midtown West
  • Borough Manhattan
  • Square feet 66,000
notes
The coworking technology company signed a lease.
  • Event Office Leasing
  • Address 142 West 57th Street
  • Neighborhood Midtown West
  • Borough Manhattan
  • Square feet 77,930
notes
The shared office space company signed a 16-year lease for the 6th, 7th, 8th, 10th, and 11th floors.
  • Event Office Leasing
  • Address 12 East 49th Street
  • Neighborhood Midtown East
  • Borough Manhattan
  • Square feet 159,300
notes
The shared office space company signed a lease.
  • Event Office Leasing
  • Address 135 East 57th Street
  • Neighborhood Midtown
  • Borough Manhattan
  • Square feet 60,000
notes
The co-working space company signed a 13-year lease.
  • Event Office Leasing
  • Address 404 Fifth Avenue
  • Neighborhood Midtown
  • Borough Manhattan
  • Square feet 61,875
notes
The shared office space company signed a 10-year lease for the 3rd through 7th floors.
  • Event Office Leasing
  • Address 524 Broadway
  • Neighborhood Soho
  • Borough Manhattan
  • Square feet 75,000
notes
The office space provider signed a lease will occupy the seventh through the 11th floors.
  • Event Office Leasing
  • Address 315 West 36th Street
  • Neighborhood Hudson Yards
  • Borough Manhattan
  • Square feet 136,118
  • Publication Date 06/01/2015
  • Event Date 04/22/2015
  • Party 1 SL Green Realty
  • Party 1 Brokerage in-house
  • Party 2 WeWork
  • Party 2 Brokerage Hays Realty Services
  • Event Office Leasing
  • Address 1460 Broadway
  • Neighborhood Times Square
  • Borough Manhattan
  • Square feet 180,000
  • Publication Date 04/07/2015
  • Event Date 02/26/2015
  • Party 1 Himmel + Meringoff, Swig Company
  • Party 2 WeWork
  • Party 2 Brokerage CBRE
  • Event Office Leasing
  • Address 205 East 42nd Street
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 125,000
notes
The office suite provider signed a 15-year lease to occupy seven floors. The reported asking price was $58 per square foot.
  • Event Office Leasing
  • Address 25 Broadway
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 86,000
notes
The collaborative workspace provider signed a 20-year lease on the entire ninth and 10th floors.
  • Event Office Leasing
  • Address 222 Broadway
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 120,537
  • Price per foot $ 50.00
notes
The collaborative workspace provider inked a 16-year lease for another office space, the New York Observer reported.
  • Event Office Leasing
  • Address 175 Varick Street
  • Neighborhood Soho
  • Borough Manhattan
  • Square feet 75,000
notes
The provider of office space and community work space signed a new 15-year lease on the ground floor, the third floor through the fifth floor and the eighth floor. The company has three other Manhattan locations: at 154 Grand Street, at 349 Fifth Avenue and at 1 Little West 12th Street.
  • Event Office Leasing
  • Address 1-5 Little West 12th Street
  • Neighborhood West Village
  • Borough Manhattan
  • Square feet 35,000
  • Price per foot $ 55.00
notes
The temporary office space provider signed a 15-year lease on the second through sixth floors.
Manhattan, 10014
THE GEORGIAN PRESS, I
...
Manhattan, 10005
Rudin Management, 110 WALL STREET LP.C/O RUDINMGMT
WeWork...

12/21/16
...t see the firm as a competitor to WeWork, another provider of flexible work space. “They’re a replacement for your office,” he...

09/22/16
...Victor Luis and a rendering of 10 Hudson Yards, WeWork CEO Adam Neumann and 12 East 49th Street Coach once owned its space at 10 Hudson...

07/11/16
...according to permit applications filed with the city. WeWork has already inked a 258,000-square-foot lease at Three Gotham Center. The development is across...

...Neumann Net worth: $1.5 billion 41 West 11th Street The WeWork co-founder may preach communal working, but for his living quarters he’s all about...

some-office-space
02/03/16
...space at 10 Hudson Yards in December? Or that WeWork inked a new contract for yet another "coworking" utopia (shocker)? These things and more...

office-tenants-feature
01/26/16
...those molds is the co-working office space provider WeWork, which is now the 16th largest lessee of office space in Manhattan, with 1.44 million...

12/31/15
...appetite for rental housing, the explosive growth of WeWork, and, of course, a certain loudmouth mogul with a bouffant. Read on for more...

12/29/15
...by Related in partnership with CBRE. From left: WeWork...

12/28/15
...Properties’ office building, dubbed Dock 72. Co-working space provider WeWork plans to anchor the startup-focused building, leasing 220,000 square feet. A predictive rendering of Manhattan's...

12/07/15
...Brooklyn Navy Yard which will be anchored by WeWork. In Manhattan, Aurora Capital and William Gottlieb Real Estate applied to build a 116,000-square-foot...

...of start-ups in New York, from Uber to WeWork to the rapidly growing fantasy sports website DraftKings. With help from real estate data...

...The recreation room at WeWork’s space at 175 Varick Street in Soho In New York City’s shared-office world...

...higher than January, driven in large measure by WeWork. The shared office space provider inked a deal for 240,000 square feet at 85 Broad Street...

...is the expansion of co-working spaces, brokers said.  WeWork, recently valued at $5 billion, has grabbed the most headlines, but there are many others...

Downtown Alliance
...of 1.4 million square feet. Shared office space provider WeWork signed for 234,879 square feet of office space at 85 Broadway. The deal was Lower Manhattan's...

...of more than 506,000 square feet at 1675 Broadway and WeWork’s 240,000-square-foot new lease at 85 Broad Street. View the full report online here. February...
Manhattan, 10005
Rudin Management, 110 WALL STREET LP.C/O RUDINMGMT
WeWork...
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