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: Renting and Leasing (Real Estate)
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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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Disabled New Yorkers Face Extra Costs in Finding Housing
Some landlords are asking disabled people to foot the bill for accommodations, leaving even those with ample resources without an accessible place to live.
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Working People Across the Country Are Living Out of Their Cars
Dozens of parking lots have opened across the country for working people who can afford a car but not rent.