WeWork Checks Into Birmingham Base No. 2
WeWork sign for second Birmingham hub as it expands in the UK regions
WeWork sign for second Birmingham hub as it expands in the UK regions
The landlord of 21-33 Irving Place in Manhattan is trying to terminate its lease with WeWork.
WeWork's competitors are not worried about its IPO, but say market consolidation is coming regardless of what happens to the coworking giant.
WeWork has put another company, Spacious, into its insatiable maw.
Building permits and promotional materials show WeWork has plans to open a 107K SF space at Douglas and Brookfield's Mount Vernon Triangle project.
WeWork needs more than $7B to keep going while it is not making a profit.
The roadshow won't start until after mid-October, at the earliest.
The coworking giant is further weakening Adam Neumann's influence as it tries to convince investors it's worth the risk.
Ucommune, a Chinese rival to WeWork, wants an IPO in the near future.
WeWork global head of real estate partnerships Sarah Pontius has left the company, as has Wendy Silverstein, who had co-led WeWork investment fund ARK.
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