homeWelcome, sign in or click here to subscribe.login
     


 

 

Real Estate


Subscriber content preview

September 7, 2023

WeWork, shortly after warning about its future, seeks to renegotiate nearly all of its leases

  • The company's lease liabilities accounted for more than two-thirds of its operating expenses for the second quarter of this year.

    • Photo from WeWork website [enlarge]
    WeWork has several listings in the Seattle area, including office space in the Holyoke Building at 107 Spring St. Its website for Holyoke shows rent for a private desk in a shared office marked down from $500 to $425 a month.

    NEW YORK (AP) — WeWork said Wednesday it will attempt to renegotiate nearly all of its leases and may exit some properties, an announcement coming just weeks after the workspace-sharing company sounded the alarm over its ability to remain in business.


     
    . . .


    To read this story in full login or purchase a subscription.



    
    Email or user name:
    Password:
     
    Forgot password? Click here.