New York, NY – July 7, 2025 – WeWork, a leading global flexible space provider, today announced it has signed a 60,000 square foot lease agreement with AmTrust RE at 250 Broadway, an office tower in Lower Manhattan. The new location is expected to open in December and will span five floors, including 24, 25, and 27 through 29.
“New York City holds immense value and opportunity for WeWork,” said John Santora, Chief Executive Officer at WeWork. “It’s not only where the company began and now operates over three million square feet, but it’s also one of the critical launchpads for our new era of strategic growth.”
Santora continued, “As the flight to quality continues to drive the city’s office leasing landscape, companies of all sizes are seeking elevated, experience-driven workspaces that can propel their teams to new levels of productivity and collaboration. WeWork 250 Broadway is our latest solution to this need, and we’re excited to work with AmTrust RE to bring this premium workspace offering to the Financial District.”
AmTrust RE’s Anne Holker and a CBRE team of Brad Gerla, Michael Rizzo, and Alex Benisatto represented the landlord in the transaction, while Peter Greenspan and Whitney Anderson from WeWork were represented by Peter Riguardi, Clark Finney, Alexander Riguardi, and Dana Goldman of JLL.
“We’re pleased to welcome WeWork to 250 Broadway, our premier office tower, in the heart of Downtown Manhattan. Their presence will add fresh energy and further enrich our dynamic community of distinguished organizations at 250 Broadway, a landmark building that continues to stand as a symbol of enduring quality in New York City’s central business district,” said AmTrust RE President Jonathan Bennett. “With immediate access to a broad network of diverse businesses, especially in key sectors like financial services, 250 Broadway provides an ideal environment for WeWork’s continued growth and success in the neighborhood.”
WeWork 250 Broadway will deliver an exceptional, hospitality-driven workspace in one of New York’s most vibrant commercial neighborhoods. Steps away from a wealth of transit, dining, fitness, and retail options, the location will be built to WeWork’s newest performance standards, with enhanced acoustics, lighting, and furnishings for optimal productivity. The workspace will include a thoughtfully designed coworking lounge, collaborative meeting rooms, and turnkey private offices, all available on flexible commitment terms. Alongside sweeping views of downtown Manhattan and the Brooklyn Bridge, members will also have access to a wellness room and mothers’ room, all complemented by WeWork’s signature amenities, services, and community-building events.
This new location at 250 Broadway arrives as WeWork plans to invest $80-100 million to elevate its global portfolio in 2025, and as the company is seeing increased demand in New York City. In fact, bookings for WeWork All Access, the company’s monthly coworking membership, increased 10% from January 2025 to April 2025 in the city, and footfall across its locations rose 6% during the same period.
About WeWork
WeWork is a leading global real estate platform that empowers businesses to thrive through world-class flexible workplace solutions, innovative technology services, and hospitality-driven experiences. With a curated portfolio of nearly 600 thoughtfully designed locations worldwide, spanning 45M square feet, WeWork helps more than half a million members—from emerging startups to Fortune 100 companies—achieve their best work. To learn more, visit wework.com.
About AmTrust RE
Founded in 1993, AmTrust RE is a privately held real estate company headquartered in New York City. AmTrust owns more than 12 million square feet of well-positioned commercial properties across the U.S., including a dozen office properties; a portfolio of net-leased properties; and several residential properties in strategic urban markets. The company is known for its long-term ownership, successful development and repositioning of its assets, and commitment to tenants. For more information, visit amtrustre.com.
