Tuesday 21 July 2020

WeWork now has a glut of NYC availability

WeWork’s availability rate in New York City is more than 20 percent — or nearly double Manhattan’s overall rate, adding to the beleaguered co-working giant’s problems. The firm has some 1.9 million square feet of space in New York that’s either available or will become so in the coming months, according to Business Insider, which obtained leaked marketing materials. That’s more than 20 percent of WeWork’s portfolio in the city, and far exceeds the availability



source https://therealdeal.com/2020/07/21/wework-now-has-a-glut-of-nyc-availability/

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