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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.
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09/18/18
...aerial of Manhattan (Credit: Getty Images and iStock)
WeWork is now the largest office tenant in Manhattan.
The co-working firm said it now...
09/14/18
...the owner-occupier market to grow and pointed to WeWork and Google as examples of companies buying their own office space...
09/13/18
...s analysis — said new players like office-sharing companies WeWork and Knotel are upping the cost of staying in the game. “With new owners...
09/12/18
...and UBS’ Weehawken office (Credit: Eventgrid and Wikipedia)
WeWork acquired the workplace software company Teem in a bid to offer more services to...
09/12/18
...Instead, it focuses on small and mid-sized companies. WeWork recently launched its own initiative to appeal to more mid-sized tenants.
In July Convene...
09/12/18
...billion Vision Fund — which has backed Uber and WeWork — invested $450 million in Compass.
Awash in funding, Compass’ latest target is $1 billion in revenue...
09/11/18
...expansion comes as it faces a challenge from WeWork, which has started offering 50 percent off their first year’s rent to tenants who...
09/11/18
...The building’s landlord is Commonwealth Industrial Parks.
3) WeWork, 21 Penn Plaza, Penn Plaza - 258,344 square feet
The shared workspace provider inked a lease...
09/11/18
...this month, Durst backed out of negotiations with WeWork, which was expected to lease roughly 220,000 square feet at the tower. Durst indicated that...
09/10/18
...overlooking the Manhattan skyline (Credit: Getty Images, iStock)
WeWork is inching its way toward becoming the largest office tenant in Manhattan, signing an...
09/07/18
...Rebekah Neumann (Credit: Getty Images)
During WeWork...
09/07/18
...tenants at the five-building Dumbo Heights complex include WeWork, Etsy and Alexis Bittar, although one building, 175 Pearl Street, is now majority owned by...
09/07/18
...to the Lord & Taylor Building that competitor WeWork agreed to purchase with Rhone Capital last year for $850 million. The company is still...
09/06/18
...negatively impacting market,” one broker wrote. “Moreover, the WeWork...
09/06/18
...WeWork’s Adam Neumann looking at the Lord & Taylor building at 424 Fifth Avenue (Credit...
09/05/18
...billion Vision Fund — which has backed Uber and WeWork — invested $450 million in Compass.
Awash in funding, Compass’ latest target is $1 billion in revenue...
09/04/18
...Financial CEO Kim Jeong Tae, No 1 Poultry, and WeWork CEO Adam Neumann (Credit: Getty Images and Alastair Rae via Flickr)
Days after Cushman...
09/04/18
...move comes mere weeks after news broke that WeWork is offering tenants that switch over from other coworking companies 50 percent off their first...
...s analysis — said new players like office-sharing companies WeWork and Knotel are upping the cost of staying in the game. “With new owners...
...the owner-occupier market to grow and pointed to WeWork and Google as examples of companies buying their own office space...
...billion Vision Fund — which has backed Uber and WeWork — invested $450 million in Compass.
Awash in funding, Compass’ latest target is $1 billion in revenue...
08/30/18
...Neumann in a pile of cash at a WeWork space (Credit: iStock, Getty Images, and WeWork)
Moody’s dropped its ratings of WeWork...
08/30/18
...all neatly rolled into one monthly bill. When WeWork unveiled WeLive, its co-living platform, in 2016, it was expected to grow into a service...
08/29/18
...at 285 Fulton Street (Credit: Getty Images and Pixabay)
WeWork may be 1 World Trade Center's newest tenant.
The co-working giant is reportedly close to...
WeWork, Co-Founder
115 W 18th St., 4th Floor, New York, NY, 877.902.0681
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 8 West 40th Street
- Neighborhood Garment District
- Borough Manhattan
- Square feet 6,667
- Publication Date 08/27/2018
- Event Date 08/27/2018
- Party 1 Jack Resnick & Sons
- Party 1 Brokerage Jack Resnick & Sons
- Party 1 Broker Brett Greenberg, Fran Delgorio
- Party 2 WeWork
- Party 2 Brokerage WeWork
- Party 2 Broker Arash Gohari, Chris Grimaldi
notes
The shared workspace provider inked a lease for the Garment District building.
- Event Office Leasing
- Address 21 Penn Plaza
- Neighborhood Penn Plaza
- Borough Manhattan
- Square feet 258,344
- Publication Date 08/20/2018
- Event Date 08/15/2018
- Party 1 TH Real Estate
- Party 2 WeWork
notes
The shared workspace provider signed a lease for the Penn Plaza building.
- Event Office Leasing
- Address 609 Greenwich Street
- Neighborhood West Village
- Borough Manhattan
- Square feet 25,000
- Publication Date 08/13/2018
- Event Date 08/10/2018
- Party 1 Centaur Properties
- Party 2 WeWork
notes
The shared workspace provider inked a lease for the West Village building.
- Event Office Leasing
- Address 880 Third Avenue
- Neighborhood Plaza District
- Borough Manhattan
- Square feet 69,679
- Publication Date 08/13/2018
- Event Date 08/12/2018
- Party 1 Jack Resnick & Sons
- Party 1 Brokerage Jack Resnick & Sons
- Party 1 Broker Brett Greenberg
- Party 2 WeWork
- Party 2 Brokerage Savills Studley
- Party 2 Broker Andrew Zang, Ken Ruderman
notes
The shared workspace provider signed a 15-year lease for the Plaza District location.
- Event Office Leasing
- Address 450 Park Avenue South
- Neighborhood Nomad
- Borough Manhattan
- Square feet 55,000
- Publication Date 07/23/2018
- Event Date 07/19/2018
- Party 1 Moinian Group
- Party 2 WeWork
- Party 2 Brokerage Winick Realty Group
- Party 2 Broker Jeff Winick
notes
The shared workspace provider signed a lease for the Nomad location.
- Event Office Leasing
- Address 408 Broadway
- Neighborhood Tribeca
- Borough Manhattan
- Square feet 60,000
- Publication Date 06/18/2018
- Event Date 06/14/2018
- Party 1 United American Land
- Party 2 WeWork
notes
The real estate firm inked a lease for the Tribeca location.
- Event Office Leasing
- Address 71 Fifth Avenue
- Neighborhood Flatiron
- Borough Manhattan
- Square feet 45,000
- Publication Date 06/11/2018
- Event Date 06/06/2018
- Party 1 Madison Capital
- Party 2 WeWork
notes
The real estate company inked a lease for the Flatiron property.
- Event Office Leasing
- Address 130 Fifth Avenue
- Neighborhood Flatiron
- Borough Manhattan
- Square feet 30,000
- Publication Date 06/04/2018
- Event Date 06/01/2018
- Party 1 Olnick Organization
- Party 2 WeWork
notes
The coworking company inked a lease in Flatiron.
- Event Office Leasing
- Address 105 Madison Avenue
- Neighborhood NoMad
- Borough Manhattan
- Square feet 40,050
- Publication Date 06/04/2018
- Event Date 05/23/2018
- Party 1 A&R Real Estate
- Party 1 Brokerage The Ashtin Group
- Party 1 Broker Brett Rovner, Randolph Lewis
- Party 2 Knotel
- Party 2 Brokerage SkyLight Leasing
- Party 2 Broker Elie Reiss
notes
The flexible office company, rival to WeWork, has signed a lease in this Flatiron building.
- Event Office Leasing
- Address 156 Fifth Avenue
- Neighborhood Flatiron
- Borough Manhattan
- Square feet 43,000
- Publication Date 06/04/2018
- Event Date 05/23/2018
- Party 1 HRC Corporation
- Party 1 Brokerage HRC Corporation
- Party 2 Knotel
- Party 2 Brokerage SkyLight Leasing
- Party 2 Broker Elie Reiss
notes
The flexible office company, rival to WeWork, has signed a lease in this NoMad building.
- Event Office Leasing
- Address 214 West 29th Street
- Neighborhood Chelsea
- Borough Manhattan
- Square feet 100,000
- Publication Date 05/15/2018
- Event Date 05/11/2018
- Party 1 Walter & Samuels
- Party 2 WeWork
notes
The coworking company inked a lease at the Chelsea building.
- Event Office Leasing
- Address 18 West 18th Street
- Neighborhood Flatiron
- Borough Manhattan
- Square feet 177,000
- Publication Date 02/28/2018
- Event Date 02/28/2018
- Party 1 17-18 Management Company
- Party 1 Brokerage Cushman & Wakefield
- Party 1 Broker Tara Stacom, Connor Daugstrap, David E. Green
- Party 2 WeWork
- Party 2 Brokerage CBRE
- Party 2 Broker Derrick Ades, Timothy Dempsey, Brett Shannon
notes
The coworking company inked a lease in Flatiron.
- Event Office Leasing
- Address 154 West 14th Street
- Neighborhood West Village
- Borough Manhattan
- Square feet 120,000
- Publication Date 02/13/2018
- Event Date 02/06/2018
- Party 1 Abner Properties
- Party 2 WeWork
notes
The coworking company inked a lease in the West Village.
- Event Office Leasing
- Address 750 Lexington Avenue
- Neighborhood Lenox Hill
- Borough Manhattan
- Square feet 111,500
- Price per foot $ 80.00
- Publication Date 02/06/2018
- Event Date 01/30/2018
- Party 1 Cohen Brothers Realty
- Party 2 WeWork
notes
The coworking giant inked a lease in the Plaza District with asking rent of $80 per square foot.
- Event Office Leasing
- Address 500-512 Seventh Avenue
- Neighborhood Midtown South
- Borough Manhattan
- Square feet 250,000
- Publication Date 12/12/2017
- Event Date 12/08/2017
- Party 1 Moinian Group, Chetrit Group, Edward J. Minskoff Equities
- Party 1 Brokerage Cushman & Wakefield
- Party 1 Broker Bruce Mosler
- Party 2 WeWork
- Party 2 Brokerage Winick Realty Group
- Party 2 Broker Jeff Winick
notes
The coworking giant inked a 20+-year lease in the Midtown South building.
- Event Sales
- Address 424 Fifth Avenue
- Neighborhood Midtown South
- Borough Manhattan
- Square feet 676,000
- Price $ 850,000,000
notes
The coworking space company and its joint venture partner acquired the Lord & Taylor building for $850 million.
- Event Office Leasing
- Address 135 East 57th Street
- Neighborhood Midtown
- Borough Manhattan
- Square feet 27,000
- Publication Date 10/30/2017
- Event Date 10/27/2017
- Party 1 Cohen Brothers Realty
- Party 1 Brokerage Cohen Brothers Realty
- Party 1 Broker Marc Horowitz
- Party 2 WeWork
- Party 2 Brokerage Savitt Partners
- Party 2 Broker Michael Schoen
notes
The coworking company expanded its footprint in the 32-story tower to 9 floors, with the latest addition of the 17th and 18th.
- Event Office Leasing
- Address 2701 Queens Plaza North
- Neighborhood Long Island City
- Borough Queens
- Square feet 42,926
- Publication Date 08/21/2017
- Event Date 08/18/2017
- Party 1 MetLife
- Party 2 WeWork
notes
The coworking company inked a 2-floor lease.
- Event Office Leasing
- Address 115 Broadway
- Neighborhood FInancial District
- Borough Manhattan
- Square feet 85,000
- Publication Date 08/15/2017
- Event Date 08/15/2017
- Party 1 Capital Properties
- Party 1 Brokerage CBRE
- Party 1 Broker Adam Foster, Bradley Gerla, Adam Leshowitz, Mike Rizzo
- Party 2 WeWork
notes
The coworking company inked a lease in the Trinity Centre.
- 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
- Publication Date 04/01/2017
- Event Date 02/15/2017
- Party 1 China Vanke, Tribeca Associates
- Party 1 Brokerage JLL
- Party 1 Broker Mitch Konsker, Frank Doyle, Clark Finney, Betsy Buckley, Harlan Webster
- Party 2 Wework
- Party 2 Brokerage Newmark Grubb Knight Frank
- Party 2 Broker Lance Korman
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
- 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 135 East 57th Street
- Neighborhood Central Midtown
- Borough Manhattan
- Square feet 40,000
- Publication Date 01/01/2017
- Event Date 11/17/2016
- Party 1 Cohen Brothers Realty
- Party 1 Brokerage Cohen Brothers Realty
- Party 1 Broker Marc Horowitz
- Party 2 WeWork
- Party 2 Brokerage Savitt Partners
- Party 2 Broker Marc Schoen
notes
The co-working giant expanded its footprint.
- Event Office Leasing
- Address 1328 Broadway
- Neighborhood Koreatown
- Borough Manhattan
- Square feet 122,000
- Publication Date 01/01/2017
- Event Date 11/17/2016
- Party 1 Sitt Asset Management
- Party 2 WeWork
- Party 2 Brokerage CBRE
- Party 2 Broker Derrick Ades, Barry Finkelman
notes
The co-working giant signed a lease.
- Event Office Leasing
- Address 311 West 43rd Street
- Neighborhood Midtown West
- Borough Manhattan
- Square feet 66,000
- Publication Date 12/01/2016
- Event Date 10/15/2016
- Party 1 William Macklowe Company, Principal Real Estate Investors
- Party 1 Brokerage JLL
- Party 1 Broker Howard Hersch, Mitch Konsker, Clark Finney, Matt Astrachan
- Party 2 WeWork
notes
The coworking technology company signed a lease.
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Manhattan, 10005
RUDIN MANAGEMENT, 110 WALL STREET LP.C/O RUDINMGMT
RUDIN MANAGEMENT, 110 WALL STREET LP.C/O RUDINMGMT
110 Wall Street is a 294,629 square foot building in the Financial District...
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...
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...
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...
...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...
