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