WeWork has signed a 10-year lease on 11,818 sq ft of space at the Kaufman Organisation’s 15 W 27th office block, named 15W27. The asking rent for the Madison Square neighbourhood site was in the high $60 per sq ft range. “Having been here since day one, we are thrilled to be moving into our new home and look forward to working with WeWork,” said WeWork co-founder Fred Wilson.
WeWork has signed a 10-year lease on 11,818 sq ft of space at the Kaufman Organisation’s 15 W 27th office block, named 15W27. The asking rent for the Madison Square neighbourhood site was in the high $60 per sq ft range. WeWork is Manhattan’s second-largest private office tenant after JPMorgan, according to several leading research firms.