WeWork tries to escape leases — and eviction

After word of mass layoffs and a shift toward austerity, the inevitable is happening: WeWork is quietly trying to back out of leases. Executives at the embattled co-working company have been negotiating with landlords to find a way out of agreements it signed in up to 100 buildings around the world, The Information reported. Meanwhile in New York, Chestnut Holdings is trying to boot WeWork from a Midtown building, according to Crain’s. The landlord alleged

source https://therealdeal.com/2019/12/12/wework-tries-to-escape-leases-and-eviction/