WeWork’s CEO Makes Millions as Landlord to WeWork
CRETech
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1 minute read
For more than two months after employees at International Business Machines Corp.moved into a Manhattan building managed by office-space giant WeWork Cos., frequent elevator problems forced workers to climb the stairs of the 11-story building and prompted complaints to the company.
One of the landlords behind the building was no ordinary owner: It was Adam Neumann, WeWork’s chief executive, who leased the property to WeWork after buying it, according to people familiar with the situation.