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WeWork’s New York Deals Hit Highest Point Since Outbreak of COVID-19

Flexible Office Provider Sees Demand From Large Companies Seeking ‘Turnkey’ Space

WeWork said it signed 1.3 million square feet of dedicated space in New York in the second quarter, the most it has reached agreements on since the outbreak of COVID-19. (Getty Images)
WeWork said it signed 1.3 million square feet of dedicated space in New York in the second quarter, the most it has reached agreements on since the outbreak of COVID-19. (Getty Images)

The future of work in New York, the biggest U.S. commercial property market, appears increasingly likely to involve flexible space, and WeWork’s second-quarter deal volume is the latest evidence.

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