WeWorks

November 30, 2016 Comments Off on WeWork Expanding to 100K SF at Tower 57 Views: 260 National News, New York, Northeast

WeWork Expanding to 100K SF at Tower 57

Seven months after signing its lease at Tower 57 in Midtown Manhattan, WeWork expanded by another 40,000 square feet, taking down a grand total of 100,000 square feet. The lease for the space at 135 E. 57th St. is for 13.5 years, approximately the same amount of time the co-working tenant has on the 60,000 square feet it signed for this past April.

WeWork now covers floors 14-16 at the 32-story, 427,000-square-foot property. The asking rent was in the high $70s per square foot. Marc Horowitz with Cohen Brothers Realty Corp., which manages the property, was the in-house representative for landlord Charles S. Cohen. Savitt Partners represented WeWork.

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