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: Real Estate (Commercial)
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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 Bankruptcy Would Deal Another Blow to Ailing N.Y. Office Market
The fallout would be particularly hard for landlords already struggling with piling debt and companies scaling back their office footprint.
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Trump Family Members Set to Testify at Civil Fraud Trial Next Week
Donald J. Trump’s two adult sons and daughter Ivanka are expected to take the witness stand starting on Wednesday. The former president is set to testify on Nov. 6.