Bankruptcy Provides Another Lifeline for WeWork While NYC Landlords Shudder

In another blow to the office industry, co-working giant WeWork finally bowed to the inevitable after a total of $16 billion in losses and filed for Chapter 11 bankruptcy in Newark last night. This was a case that had its origins well before the pandemic, but the trend to remote work hastened WeWork’s fall. The […]

Bankruptcy Provides Another Lifeline for WeWork While NYC Landlords Shudder2023-11-14T14:26:58-05:00

The Anticipated WeWork Bankruptcy and its Larger Significance

As our well-informed readers know, the Wall Street Journal has reported that WeWork expects to file for bankruptcy next week. For now, the WeWork bondholders have entered into a seven-day forbearance of the grace period to declare a default in order to provide additional time for negotiations.

It has been evident for many years that WeWork’s […]

The Anticipated WeWork Bankruptcy and its Larger Significance2023-11-06T13:39:00-05:00

The Hidden Challenge Facing WeWork

Below is an updated version of my latest Forbes.com column.

Our well-informed readers are likely aware that a couple of weeks ago, WeWork withheld interest payments due on five senior secured notes totaling approximately $95 million. In an 8-K report, WeWork stated that it has a 30-day grace period to make the payments before an event […]

The Hidden Challenge Facing WeWork2023-11-06T13:45:52-05:00

Wharton Property Advisors – New National and International Affiliations 8/10/2021

I am pleased to pass on the exciting news that Wharton Property Advisors has been selected to join an exclusive international network of real estate agents representing tenants in approximately 70 cities worldwide. This new alliance which we helped create expands our capacity to assist clients in all the major cities and metropolitan areas in […]

Wharton Property Advisors – New National and International Affiliations 8/10/20212023-11-14T14:42:19-05:00

A plea to business leaders 7/26/2021

It has been obvious to all for many months that the restoration of both the nation‘s health and its economy is dependent upon a sufficient percentage of the population being vaccinated so that we can get to herd immunity. In addition, it has been equally clear that the pace of vaccinations slowed […]

A plea to business leaders 7/26/20212023-11-28T14:15:46-05:00

Why Trust Wharton Property Advisors With Your Extra NYC Office Space?

Wharton Property Advisors, also known as Wharton Properties, is a New York City based office space consulting firm. Wharton specializes in office space for  Finance Firms, Hedge Funds, Broker Dealers, Private Equity, Law Firms, TAMI, Consulting, Non profits, Fashion and Healthcare.  They help find the right office space, negotiate office lease renewals or sublease extra […]

Why Trust Wharton Property Advisors With Your Extra NYC Office Space?2017-03-26T13:47:13-04:00
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