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WeWork Inks Mega-Lease at One Seaport Plaza

WeWork has committed to its largest space thus far in 2019, taking 201,231 square feet at Jack Resnick & Sons’ One Seaport Plaza/199 Water St. The coworking space provider’s new lease was the biggest of three deals signed at the property recently; WeWork did not employ an outside brokerage.

San Francisco-based marketing communications firm W2O Group signed a 58,852-square-foot renewal and expansion at the property. The transaction includes an additional 23,398 square feet on the 12th floor. Avison Young’s Michael Gottlieb and Martin Cottingham represented the tenant.

Resnick also completed a new 15-year, 24,595 square-foot lease with nonprofit the American Foundation for Suicide Prevention (AFSP). The AFSP was represented by Savills Studley’s Erik Schmall, Scott Weiss and Peter Cipriano.

Resnick was represented in-house in all three transactions by Brett Greenberg and Adam Rappaport, along with Cushman & Wakefield’s John Cefaly, Robert Constable, Ethan Silverstein, Stephen Bellwood and Myles Fennon.

For comments, questions or concerns, please contact Paul Bubny

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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