WeWork abandons the second location it ever opened
“Over the last 12 months WeWork has continued to optimize its global real estate portfolio as a part of the company’s plan to achieve profitability," spokeswoman Nicole Sizemore said. "With an abundance of supply in our markets, we have been able to rightsize our footprint while also ensuring our members can continue to access first-class flex office space.” At Zar’s property across from the Empire State Building, WeWork had signed a 15-year lease to take the entire building, except for two floors of retail space below. But just over a decade and a pandemic later, it decided to leave...
Source: crainsnewyork.com