WeWork inks 200,000 s/f deal at downtown tower

Jack Resnick & Sons announced that three tenants have signed new leases and expansions totaling approximately 285,000 s/f at One Seaport Plaza/199 Water Street, its trophy 35-story, 1.1 million square-foot downtown property.

In the largest transaction, collaborative workspace provider WeWork has signed a new 15-year, 201,231 s/f lease covering five full floors in the tower of the building. The space, located on the 30th through 35th floors, features sweeping views of the New York Harbor, the Brooklyn Bridge, and the downtown skyline.

San Francisco-based marketing communications firm W2O Group has signed a 58,852 s/f lease renewal and expansion at the property. As part of the 10-year transaction, the firm is taking an additional 23,398 s/f on a portion of the 12th floor, while also renewing its 35,454 square-foot space on the entire 14th floor.