WeWork slapped with $37M lawsuit by Chelsea landlord
A WeWork landlord has sued the coworking company for allegedly attempting to move its tenants to another location after...
WeWork
WeWork, also known as We Company, is a co-working organization known to provide space for start-ups, tech companies, and more.
Headquartered in: New York, New York
Founded in: 2010
Founded by: Adam Neumann and Miguel McKelvey
WeWork Q&A
Where is WeWork located?
Founded in SoHo and headquartered in Mahattan, WeWork owns and leases co-working hundreds of spaces across the world. It has been recorded as managing over 40 million square feet of space.
What does WeWork do?
WeWork leases spaces to co-working spaces to companies and individuals across the world. Users can rent private offices, desks, or common area access, usually on a monthly basis. In 2019 the company changed its official title to We Company. The company has started a number of other ventures, including co-living company WeLive, private school WeGrow, and luxury gym Rise by We.
Want to know more about WeWork?
Check out our Top Stories below for TRD's most up-to-date coverage of WeWork and We Company.
WeWork Top Stories
September 20, 2019—The head of WeWork’s real estate investment fund has left the company, the latest in a string of recent high-level departures at the embattled co-working giant.
September 19, 2019—WeWork CEO Adam Neumann envisions his company as bigger than co-working. But his side businesses have struggled.
September 17, 2019—WeWork’s Sarah Pontius, global head of real estate partnerships, is leaving the company as it endures turmoil over its IPO.
September 16, 2019—WeWork’s parent company is planning to shelve its IPO for at least a month, according to The Wall Street Journal
The Latest
National
WeWork vet hired to launch Two Sigma’s real estate fund
The former head of WeWork’s real estate investment arm has joined the quantitative hedge fund Two Sigma to help...
National
WeWork will accept Bitcoin for membership fees
WeWork will begin to accept cryptocurrency, including Bitcoin and Ethereum, as a form of payment for its workspaces. The...
Los Angeles
Adam Neumann gets $22M for California estate
WeWork’s co-founder and ex-CEO Adam Neumann has sold his northern California estate for $22.4 million, according to the New...
National Weekend Edition
WeWork exits first Hong Kong location as part of global downsizing
WeWork, which recently struck a $9 billion deal to go public via a special-purpose acquisition company, is still working...
National
WeWork to go public in $9B SPAC deal
If at first you don’t succeed, try, try again: Two years after its failed IPO, WeWork has struck a deal to go public with a special-purpose acquisition company. The merger with BowX Acquisition Corp....
National
WeWork lost $3B in 2020: report
Investors betting on WeWork’s second act just got a wake-up call. The co-working company lost $3.2 billion last year as the Covid-19 health crisis slashed the demand for flexible office spaces, the Financial Times...
National
Knotel to tap former top WeWork exec as CEO
Knotel is bringing on a WeWork veteran to help straighten out the bankrupt flex-operator. Former WeWork vice chairman Michael Gross will join Knotel as its chief executive, the Wall Street Journal reported. Gross’ first...
National
There are more agents than homes for sale
For-sale home inventory is shrinking in the hot housing market, but the number of residential real estate agents is rising. Just 1.04 million homes were on the market at the end of January, down...
National
Hulu unveils trailer for new WeWork documentary
“When you tell a 30-something male he’s Jesus Christ, he’s inclined to believe you.” That’s a line from the...