Tishman Speyer has launched its own flexible platform that can accommodate full-floor leases on a short-term basis to compete with third-party providers.
WeWork is on its way to becoming that largest private office tenant in Manhattan. The co-working behemoth signed a full building 258,344 s/f lease for 368 Ninth Avenue, a 16-story building owned by TH Real Estate, an affiliate of Nuveen (the investment management arm of TIAA). It also took 69,679...
WeWork has signed a 15-year lease at 880 Third Avenue, bringing the 18-story Plaza District boutique office tower to full occupancy. The 69,679 s/f lease, which spans seven full floors, will start this summer and includes office space on floors 5-6 and 9-13. WeWork’s space will feature two outdoor terraces on the 12th floor....
The Kaufman Organization (Kaufman) announced that WeWork has signed a 11,818 s/f, 10-year lease to take the final remaining two spaces at Kaufman’s 15 West 27th Street (15W27) in the NoMad neighborhood. The co-working firm will utilize the full ninth and tenth floors of 15W27. The lease brings Kaufman’s Madison...
Landlords could start charging per person instead of per foot if co-working advocates have their way. As the industry’s office space continues to evolve rapidly, executives of companies that creatively fill space office market and its valuation model needs to catch up. “If you think about a building whether it’s...