Monday 8 June 2020

WeWork may abandon WeLive

WeWork is considering ditching its co-living business. The Sandee Mathrani-led firm is working with an adviser on options to hand over operations of its two communal living locations in New York City and outside Washington, D.C., Bloomberg reported. The talks are in the early stages regarding WeLive, which WeWork launched in 2016. The company at one point had planned to open 36 of the furnished apartments, but never expanded beyond its locations at Rudin Management’s



source https://therealdeal.com/2020/06/08/wework-may-abandon-welive/

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