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WeWork is expanding in the Midtown office building where it is hosting Amazon.
The co-working provider signed a 60,000-square-foot lease expansion at 2 Herald Square, the company told The Real Deal. The additional space covers the fifth and sixth floors and is expected to open in 2020. The company currently occupies 124,000 square feet in the 11-story building.
Predicting the future is hardly an exact science, but when you watch an industry closely it is possible to identify trends and chart a course for where things are likely headed. Here are predictions made by 31
As more companies of all shapes and sizes choose turn to flexible space – whether its hot-desking areas in buildings they already occupy or taking space in independently owned coworking set-ups – it’s fast becoming part of modern working life and a small but increasingly significant part of Europe’s office markets.
The relentlessly hyped arrival of autonomous vehicles looms as the greatest disruption in personal transportation since Henry Ford’s moving assembly line started producing Model T’s by the millions. One word in that statement — arrival — is, however, doing a disproportionate amount of work.
Members-only and often star-studded coworking provider NeueHouse has raised $30M from private investors to kick-start its expansion at a time when the coworking sector is growing increasingly competitive.
Investors included InterActiveCorp. and Expedia Chairman and Senior Executive Barry Diller, who also made an $8M bet on the company last year.
SharpLaunch, the all-in-one commercial real estate marketing software for the CRE industry, announces a new property syndication partnership with Brevitas, an exclusive international marketplace for leasing and investment sales opportunities.
The partnership provides SharpLaunch customers additional opportunities to expand visibility of thei...
LONDON — Property is coming round to Charles Armstrong’s way of thinking. A very well-known property developer is waiting to meet him after our interview to talk about the possibility of working with the Trampery, his shared workspace social enterprise. Armstrong is increasingly a man in demand.
The Trampery was set up in 2009, a tiny coworking facility in Shoreditch, London, when the wor...
Fifth Wall Ventures co-founder Brendan Wallace is an advocate for new technologies and not just in his professional life as the managing partner of a venture capital firm focused on real estate technology.
Wallace, 37, typically zips the four blocks from his house to Fifth Wall’s Venice headquarters on a Lime scooter, one of the ride-share vehicles that have become almost ubiquitous in Los An...
In late 2016, the VC and PE industry was shocked by SoftBank’s announcement of its $100 Bn Vision Fund. The idea behind the fund was to invest in late-stage technology companies. Riding on its impressive 44% Internal Rate of Return over its 18 years of existence, SoftBank was able to close $93 Bn in commitments within just seven months.