Boots & Sabers

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0931, 01 Sep 18

WeWork Might Become Largest Tenant in Manhattan

This is an interesting look into our shifting economy and the way businesses office.

WeWork could become the largest office tenant in Manhattan.

The company is negotiating a lease in 1 World Trade Center to take over about 200,000 square feet in the building, a source close to the deal told CNNMoney.

WeWork recently became the second-largest renter of office space in the borough, according to a Cushman & Wakefield report earlier this month. WeWork trails just about 74,000 square feetbehind JPMorgan’s New York tenancy. If the deal goes through, WeWork would surpass the bank.

That’s a feat for the New York-based coworking space company, which is just eight years old.

Crain’s New York Business first reported that WeWork was close to finalizing a lease at 1 World Trade Center. WeWork declined to comment.


0931, 01 September 2018


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