National
WeWork losses continue but firm sees glimmer of hope
WeWork is still losing money, but the flex-office provider is hoping big changes in the office market will favor...
Co-working NYC
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National
Breather may explore sale or capital raise as flex-office industry struggles
UPDATED, Nov. 6, 11:45 p.m.: Flex-office provider Breather has brought on Moelis & Company, an investment bank specializing in...
Free rent not entirely free, Knotel’s landlord alleges in lawsuit
A Soho office landlord is suing Knotel over nearly $900,000 in unpaid rent, including six months of free rent...
National
Knotel slashes its workforce again
Flex office provider Knotel is tightening its belt even more as Manhattan workers balk at the idea of returning to the workplaces. On a conference call Thursday afternoon, the company announced it has laid...
National
WeWork bonds, already junk, downgraded by Fitch
WeWork’s credit rating, already rated as junk, has been downgraded on concerns that the pandemic could seriously weaken demand...
National
Breather launches membership program for on-demand offices
Breather, a startup that rents office space and meeting rooms by the day, is looking for more long-term relationships....
Knotel has quietly inked 160K sf in leases since December
Knotel, the flexible office space firm and WeWork arch-rival, has signed another four New York leases, joining the co-working...
Knotel expands in Manhattan with a new lease at 61 Broadway
Knotel has locked down a new lease in Lower Manhattan. The flexible office company finalized a 60,323 square-foot lease...
The Long View: How mortgage banks created the co-working lease
Andrew Ross Sorkin, author of the book “Too Big To Fail,” recently wrote an opinion piece in the New...
Issue
The co-working space race
This past spring, the head of leasing at a major office complex in Los Angeles got a surprising phone call from a broker representing WeWork. Just days earlier, the co-working giant had passed on...