WeWork Pulling Out Of Plans For Multiple Large NYC Leases


WeWork Pulling Out Of Plans For Multiple Large NYC Leases


Coworking giant WeWork has canceled or halted negotiations for multiple lease deals in the city, as it scrambles to right the ship after its attempt to go public this summer.

A deal to take at least 50K SF at 120 Broadway is off the table, as is a deal for hundreds of thousands of square feet at 250 Broadway, Crain’s New York Business reports. At 250 Broadway, WeWork would have filled some of the hole left when the New York City Housing Authority moves out this year...

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- - Volume: 7 - WEEK: 42 Date: 10/15/2019 7:30:37 AM -