After WeWork revealed a positive growth in the first quarter of 2019, experts are still concerned about how sustainable the company would be in the face of a recession.
WeWork continues its conquest of Manhattan
HQ by WeWork, the company’s mid-sized business branch, recently signed four leases in Manhattan totaling around 110,000 square feet.
Three out of the four leases are within blocks of each other in NoMad that includes West 27th Street, West 30th Street, and Madison Avenue locations.
In addition to these Manhattan locations, HQ recently signed two leases in San Francisco, totaling 55,000 square feet.
Arash Gohari, an executive vice president at WeWork, led the effort in closing these deals.
A WeWork spokesperson declined to provide asking rents for these new locations.
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