The business of offering offices on flexible, short leases will survive the company’s troubles, but commercial real estate experts say it will probably remain a niche.
Tag: Co-Working
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What to Watch For in Today’s Elections, and More
Plus, a gun rights case at the Supreme Court and WeWork’s bankruptcy filing.
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WeWork Files for Bankruptcy Amid Glut of Empty Offices
The move is a blow for landlords who have rented space to the co-working group, which is planning a “comprehensive reorganization” that includes cutting some of its leases.
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WeWork Has Sent a Distress Signal. Here’s What to Know.
The co-working company has declared that its ability to endure as a business is in doubt. A failure could have widespread effects.
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WeWork Faces More Turmoil After Its CEO Departs
The company’s top boss, a real estate industry veteran, abruptly left in May after growing frustrated with SoftBank, its largest shareholder and lender.