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WeWork Tops JPMorgan for NY’s Largest Tenant Title

WeWork is the largest private occupier of office space in Manhattan, having amassed a NY occupancy totaling more than 5.3 million square feet. That ranks it ahead of banking giants that have dominated the commercial real estate market for years. JPMorgan has 5.2 million square feet, according Cushman & Wakefield.

In total, WeWork has roughly 60 locations across New York City that are either open or about to open, more than 50 of which are in Manhattan. The coworking firm reached the milestone with the signing of a lease for 258,344 square feet at TH Real Estate’s 21 Penn Plaza.

The first WeWork location in downtown Manhattan was a single floor on Grand Street in Soho (pictured), which was met with overwhelming response. WeWork is also the largest private occupier of office space in London and in Washington, D.C. Globally, WeWork now has more than 300 locations open or about to open in 87 cities and 23 countries. 

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About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

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