WeWork has signed a lease with Walter & Samuels for 67,858 sq ft at its headquarters on 419 Park Avenue South. The co-workspace operator will install signage on the front of the property and Walter & Samuels will use a separate entrance. “We are excited to be working in New York City as we look forward to bringing our innovative technology solutions to this great city,” said Michael Walter, CEO of WeWork. Self-proclaimed WeWork challenger Knotel is also a tenant in the property, where it has operated a 9,000 sq ft space since 2017.
WeWork has signed a lease with Walter & Samuels for 67,858 sq ft at its headquarters on 419 Park Avenue South. The co-workspace operator will install signage on the front of the property and Walter & Samuels will use a separate entrance. It is the sixth Walter & Samuels property WeWork has taken space in, and allowing it to share its headquarters with a dedicated entrance is an indication of the owners' faith in the WeWork’s business model, according to Walter & Samuels. Self-proclaimed WeWork challenger Knotel is also a tenant in the property, where it has operated a 9,000 sq ft space since 2017.