Comment on WeWork officially has the most office space in Manhattan

WeWork officially has the most office space in Manhattan

For companies looking for flexible office space in Manhattan, WeWork just seems to work. The coworking company now officially occupies the most space in Manhattan, The Wall Street Journal reports, surpassing JPMorgan Chase for the record. WeWork now rents 5.3 million square feet throughout the borough, edging out JPMorgan Chase's occupation of 5.2 million square feet — a development that reveals how flexible leases are undermining traditional real estate. Because WeWork rents out large office blocks and divides them up among tenants, it can offer smaller spaces and shorter leases than a normal landlord.

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News