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WeWork Signs First NYC Lease Since 2019
WeWork has signed a 60,000-square-foot lease agreement with AmTrust RE at 250 Broadway, its first in New York City since 2019 and its first in the U.S. post-restructuring. The new location is expected to open in December and will span five floors.
“New York City holds immense value and opportunity for WeWork,” said CEO John Santora. “It’s not only where the company began and now operates over three million square feet, but it’s also one of the critical launchpads for our new era of strategic growth.”
AmTrust RE’s Anne Holker and a CBRE team of Brad Gerla, Michael Rizzo, and Alex Benisatto represented ownership. Peter Greenspan and Whitney Anderson from WeWork were represented by Peter Riguardi, Clark Finney, Alexander Riguardi and Dana Goldman of JLL.
The 250 Broadway lease occurs as WeWork plans to invest $80 million to $100 million to elevate its global portfolio in 2025, and as the company is seeing increased demand in New York City.
- ◦Lease


