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WeWork Adds Another 362K SF to NYC Portfolio

Written by CRETech | Oct 2, 2019 12:45:04 PM

After what was possibly the world’s worst week for WeWork, the newly headless company closed on a 362,197-square-foot lease at 437 Madison Avenue in the Plaza District.

The coworking giant will occupy floors two through 12, plus a portion of the 14th floor, at the 40-story, 850,000-square-foot building, located between East 49th and East 50th Streets. It will replace Omnicom, whose lease expires in 2020.