Adam Neumann, ousted founder of WeWork, wants to buy back the office sharing company
Read full article: Adam Neumann, ousted founder of WeWork, wants to buy back the office sharing companyAdam Neumann, the ousted co-founder of WeWork, is exploring a deal to buy back the office sharing company after expressing dismay over its bankruptcy process.
Academy Award Winner Jared Leto chats new Apple TV+ series ‘WeCrashed’ inspired by true story
Read full article: Academy Award Winner Jared Leto chats new Apple TV+ series ‘WeCrashed’ inspired by true story“WeCrashed” is a new series on Apple TV+ inspired by actual events, and the love story at the center of it all.
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WeWork stock offer comes amid doubtful need for office space
Read full article: WeWork stock offer comes amid doubtful need for office space“You’re going to find they can accommodate most pop-up meetings inside their office, so they don’t have to go to WeWork,” said Patrick Dore, a former Notre Dame real estate law professor who has handled office space deals in Manhattan. AdWeWork leases buildings and divides them into office spaces to sublet to members, which include small businesses, start-ups and freelancers who want to avoid paying for permanent office space. AdOakley said that while leasing volumes are still low, inquiries for serviced office space have been rising since the start of the year. He said the WeWork IPO is coming too soon because most large office users are still sorting out what they want to do with workers and office space. MIT's Cusumano said the model could make money if companies give up a lot of office space, then lease from WeWork for mobile offices or meetings.
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