WeWork announces three lease assumptions in New York and Boston

New York, NY – February 27, 2024 – WeWork, a leading global flexible space provider, announced today three new lease assumptions, 154 W 14th Street, 408 Broadway and One Beacon Street, as part of its strategic restructuring and ongoing negotiations with its landlords in the United States. The assumptions, which are subject to court approval, showcase WeWork’s positive progression in its financial reorganization and includes one alternative lease structure.

“We’re grateful to our landlords for their ongoing partnership and for believing that WeWork’s flexible workspaces are an asset to their properties,” said Peter Greenspan, Global Head of Real Estate at WeWork. “We’re steadily approaching a portfolio of locations poised for long-term success and look forward to continuing this momentum.” 

Learn more about today’s lease assumptions.

About WeWork

WeWork was founded in 2010 with the vision to create environments where people and companies come together and do their best work. Since then, we’ve become a leading global flexible space provider committed to delivering technology-driven turnkey solutions, flexible spaces, and community experiences. For more information about WeWork, please visit us at wework.com.