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WeWork Reportedly Looking To Back Out Of Up To 100 Leases
News

WeWork Reportedly Looking To Back Out Of Up To 100 Leases

... its IPO saga resulted in the removal of co-founder Adam Neumann as CEO. Up to and after it released the now ... from all "non-core businesses," which include ventures started by Neumann, like entrepreneurial elementary school WeGrow, as well as companies ...

Dec 13, 2019
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Knotel Has Hundreds Of Thousands Of Square Feet To Fill In The Next Year
News

Knotel Has Hundreds Of Thousands Of Square Feet To Fill In The Next Year

... disastrous initial public offering attempt that saw its former CEO Adam Neumann replaced, and a bailout from SoftBank, its main investor. In ...

Nov 08, 2019
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Boston Properties Posts 8% Revenue Gains In Q3, Takes Protective Measures For Downturn
News

Boston Properties CEO: WeWork Will Cause A 'Pause' In Coworking Sector

... since had a failed initial public offering and ousted founder Adam Neumann, who was part of early negotiations with Boston Properties' Dock ...

Oct 31, 2019
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IBM On The Hunt For Massive NYC Office Space As It Weighs WeWork Exit In 2024
News

IBM On The Hunt For Massive NYC Office Space As It Weighs WeWork Exit In 2024

... , which WeWork leases from an entity controlled by former CEO Adam Neumann. Sources told Crain’s that IBM hired former Cushman & ... SF. Right now, IBM occupies 88 University Place, a building Neumann said this summer he would sell amid conflict-of-interest ...

Oct 29, 2019
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SoftBank’s Vision Fund Is Taking A More Than $5B Hit Thanks To Bets On WeWork, Uber

... the coworking giant's finances and relationship with then-CEO Adam Neumann. “Eventually this is going to come back to haunt them ...

Oct 25, 2019
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WeWork Pulling Out Of Plans For Multiple Large NYC Leases
News

WeWork Pulling Out Of Plans For Multiple Large NYC Leases

... was slashed to somewhere less than $20B and co-founder Adam Neumann was forced to resign as CEO.  Across the country, landlords ...

Oct 08, 2019
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WeWork Might Be In Hot Water With Its $850M Fifth Avenue Trophy
News

WeWork Might Be In Hot Water With Its $850M Fifth Avenue Trophy

... moving into damage control. Last month, co-founder and CEO Adam Neumann was ousted and the company is said to be planning ...

Oct 07, 2019
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Two Potential Boston WeWork Deals Called Off
News

Two Potential Boston WeWork Deals Called Off

... after it withdrew its IPO last Monday and forced CEO Adam Neumann to resign is enough to make some Boston landlords second ...

Oct 07, 2019
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WeWork Offices
News

Top CRE Execs Answer 3 Important Questions On The Future Of WeWork

... community lost faith in the original WeWork management team. Adam Neumann and crew were focused on growth and market share, ... will all look back and realize that instead of blaming Adam Neumann for convincing SoftBank to invest at lofty valuations, the ...

Oct 06, 2019
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We Want To Know Your Thoughts On WeWork
News

We Want To Know Your Thoughts On WeWork

... IPO tank. Questions and criticism arose about everything from CEO Adam Neumann's compensation package to the company's attempt to trademark ...

Oct 01, 2019
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