Login

Coworking Locations Might Show the First Sign of Weakness During Outbreak

CoStar Insight: Recent Leases May Be the First Spaces Placed on the Open Market
WeWork, after cutting nearly 2,700 jobs in recent months, announced another round of cuts in late April with even more possible.  The coworking giant has also requested rent relief at certain locations across its portfolio. (CoStar)
WeWork, after cutting nearly 2,700 jobs in recent months, announced another round of cuts in late April with even more possible. The coworking giant has also requested rent relief at certain locations across its portfolio. (CoStar)
By Victor Rodriguez
CoStar Analytics
May 6, 2020 | 6:43 P.M.

As New York approaches the two-month mark on the NY PAUSE initiative, the effects stemming from the shutdown of all non-essential businesses to stem the spread of COVID-19 have been evident.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

News | Coworking Locations Might Show the First Sign of Weakness During Outbreak