The Impact of a Potential WeWork Bankruptcy – the Day of Attornment?

Recent disclosures regarding WeWork’s cash flow problems include the news that it has hired the law firm Weil Gotshal & Manges as restructuring counsel. This inevitably leads to speculation about the shape of a potential bankruptcy filing if the present negotiations with Softbank regarding a recapitalization or JP Morgan Chase regarding new financing are unsuccessful. […]

By |2019-10-15T12:40:24-04:00October 15th, 2019|wework space nyc|Comments Off on The Impact of a Potential WeWork Bankruptcy – the Day of Attornment?

Wide Open Spaces

Open office plans give the workplace a hip, collaborative vibe. That’s why they’re popular. But the distractions that come with them have some people longing for the days of cubicles. Plus: what a weak dollar does to the economy and we meet one couple navigating an uncomfortable money situation.

By |2019-07-18T13:40:43-04:00July 18th, 2019|Madison Ave Office Space, wework space nyc, Wharton Property Advisors|Comments Off on Wide Open Spaces

The Brave New (We)World of Office Leasing

WeWork and the other co-working spaces present a tantalizing trade-off for the savvy office tenant who is looking for a bargain or may have a limited budget for rent or a security deposit.

There are significant advantages to WeWork. First, they allow tremendous flexibility by virtue of the month to month leases without any security deposit. […]

By |2019-06-13T14:59:05-04:00June 13th, 2019|Tribeca Office Space, wework space nyc, Wharton Property Advisors|Comments Off on The Brave New (We)World of Office Leasing