WeWork Adds Another 362K SF to NYC Portfolio
COMMERCIAL OBSERVER
After what was possibly the world’s worst week for WeWork, the newly headless company closed on a 362,197-square-foot lease at 437 Madison Avenue in the Plaza District. The coworking giant will occupy floors two through 12, plus a portion of the 14th floor, at the 40-story, 850,000-square-foot building, located between East 49th and East 50th Streets. It will replace Omnicom, whose lease expires in 2020.