WeWork’s D.C. Head Says It Will Grow Again, But Listless Office Market Isn’t Holding Its Breath
As WeWork focuses on filling up its new D.C. office spaces, the coworking giant does not appear to be on the market for additional leases.
As WeWork focuses on filling up its new D.C. office spaces, the coworking giant does not appear to be on the market for additional leases.
WeWork has put more than half of its planned 100K SF location at 1333 New Hampshire Ave. NW on the market for sublease.
Two of WeWork’s Black former employees sued the faltering coworking giant for racial discrimination and equal pay Wednesday.
As legal challenges mount, WeWork said it pay 80% of its rent in April and May.
It had leased 115K SF at Columbia Property Trust's 149 Madison Ave.
Landlords ponder the future of WeWork space in Manchester and Birmingham
WeWork opted to stay open during the crisis, and was even said to have offered bonuses to staff to come into work.
WeWork's new CEO promised cost-cutting when he took over in February, and those measures just opened up a hole in the Fulton Market neighborhood.
WeWork is suing landlords in Boston and Washington, D.C., over allegedly unreimbursed tenant improvement costs.
WeWork is offering hourly access to nonmembers, and it is giving members free access to hundreds of locations as the crisis continues to challenge coworking.
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