Tag Archives: SoftBank Vision Fund

WeWork is Working!

WeWork in Manhattan is today, Manhattan’s “second-biggest private office tenant.” This comes less than a decade after opening its first co-working space in NYC (in the SoHo region).

According to data from Cushman & Wakefield,  today WeWork boasts almost 50 locations in NYC, opening 10 new locations last year.  This spans 2.9 million square feet in the region. A further five are set to open in 2018. The company has received much support, in particular, from SoftBank’s Vision Fund ($4.4 billion). SoHo has five WeWorks.

Each of these WeWorks features: beer and microbrew coffee on tap; large open common spaces and more.  some have special things like photo studios/indoor garden/workout equipment.

https://www.recode.net/2018/3/22/17119012/wework-massive-growth-second-biggest-office-tenant-new-york-city-manhattan-cowork-space-real-estate