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.


08/15/17
...Neumann (Credit: Getty Images) UPDATED, Aug. 15, 1:45 p.m.: WeWork may now be busy expanding in China and suing rivals in London, but it...

08/14/17
...WeWork's Adam Neumann and UrWork's Mao Daqing WeWork is taking on UrWork in London, claiming the Chinese rival is infringing on its...

08/11/17
...in Mesquite, Texas as a 340,000-square-foot distribution center. WeWork raises even more money, buys out a Singapore co-working company Co-working giant WeWork has...

08/08/17
...issue: There’s never a dull moment at WeWork. In 2014, the New York City real estate industry’s jaw dropped when the office-sharing...

08/07/17
...put its value at approximately $20 billion, co-working giant WeWork raised another $500 million for its expansion into the South Korean and South Asian markets...

08/03/17
...used successfully – so far – by the likes of WeWork and Compass. But it might come back to bite the firm, as it has...

08/02/17
...is building in partnership with Rudin Management and WeWork. Although scheduled for 2018, the developers have no leases in the works beyond the anchor...

07/31/17
The industry news you need to know to start your week, and what's ahead....

07/27/17
...Adam Neumann and Softbank's CEO Masayoshi Son WeWork investors Hony Capital and SoftBank have created a $500 million joint venture on the side...

07/24/17
...Builders Group, whose principal Granit Gjonblaj, is now WeWork’s head of construction and development. Lefkowitz, doing business as the non-profit Mosods Satmar...

07/24/17
...Adam Neumann and the Hong Kong city skyline WeWork, the co-working giant most recently valued at around $20 billion, is looking to expand its...

07/17/17
...Hoffman recently told tech website Recode. Co-working giant WeWork, which recently hit a $20 billion valuation and is expected to go public, also recently...

07/17/17
...bathroom has 4,844 square feet and features two terraces. WeWork co-founder Adam Neumann was reportedly seen checking out a penthouse there early last year...

07/14/17
...A $20 billion valuation for WeWork, a 13-year lease at 1 WTC and a $100 million drop in gross sales at Apple's...

07/13/17
...heels of a $760 million cash infusion that valued WeWork at around $20 billion, the co-working giant is shaking up its management team. The hierarchy...

07/11/17
...From left: 666 Fifth Avenue, WeWork...

07/10/17
...renewal. Spaces, Regus’ answer to the co-working giant WeWork, has 35 locations already open worldwide and another 28 scheduled to open in the near future...

07/10/17
...re going for is a cross between a WeWork, a dive bar and an airport terminal. “This is the single biggest calamity that...

07/03/17
...Mao Daqing UPDATED: Monday, July 10 at 1:38 p.m. WeWork’s Chinese competitor UrWork plans to open its first New York City location this...

06/29/17
The city's top residential firms have moved to expedite a plan to syndicate their listings through REBNY's listings service....

06/27/17
...Lapidus (Credit: Adam Pincus for The Real Deal) WeWork’s head of real estate may bang the drum for co-living, but when it...

06/26/17
...Regus CEO Mark Dixon and WeWork...

06/23/17
...index), Extell Development, Related Companies and Wharton Properties. WeWork will go public, CEO confirms — just don’t ask him when With CEO Adam...

06/21/17
...the most sales in deep Brooklyn: MLS data 5. WeWork will go public: Neumann...

06/20/17
...Adam Neumann WeWork’s CEO Adam Neumann confirmed that the co-working company plans to go public, but...
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 205 Hudson Street
  • Neighborhood Tribeca
  • Borough Manhattan
  • Square feet 94,740
  • Publication Date 05/01/2017
  • Event Date 03/17/2017
  • Party 1 Trinity Church Wall Street, Norges Bank Real Estate Management,Hines.
  • Party 1 Brokerage Newmark Grubb Knight Frank
  • Party 1 Broker David Falk, Peter Shimkin, Kyle Ciminelli, Ben Shapiro, Jonathan Franzel, Brittany Silver
  • Party 2 WeWork
  • Party 2 Brokerage Savitt Partners
  • Party 2 Broker Michael Schoen
notes
WeWork, a shared workplace company, has signed a lease at 205 Hudson Street.
  • Event Office Leasing
  • Address 130 West 42nd Street
  • Neighborhood Times Square
  • Borough Manhattan
  • Square feet 64,390
notes
The co-working giant signed a lease.
  • Event Office Leasing
  • Address 142 West 57th Street
  • Neighborhood Midtown West
  • Borough Manhattan
  • Square feet 77,930
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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