1 WTC Deal Could Make WeWork NYC’s Biggest Tenant
At the city’s tallest tower, WeWork is closing in on a deal that could make it the city’s largest office tenant. The coworking giant reportedly is committing to a sizable block of space at 1 World Trade Center.
Estimates varied on how large a block that will be. Some sources estimated it as large as 500,000 square feet. However, Crain’s New York Business confirmed that it will be around 200,000 square feet, which would be a smaller commitment than the one made recently at TH Real Estate’s 21 Penn Plaza.
Between that 286,000-square-foot lease and others the company has signed lately, WeWork has expanded by around 400,000 square feet in recent weeks. A report on the Recode website said the company was second only to JP Morgan Chase among private-sector tenants in the city, and that a lease for 75,000 square feet or more would put it over the top.
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