You'll never guess who leases the most office space in Manhattan
A Wall Street bank? A large cable conglomerate? A company that will surprise you?
Verizon? JP Morgan? Time Warner?
No, the business that owns the most office space in Manhattan is WeWork, a shared workspace provider for young entrepreneurs, freelancers and other workers on the move.
WeWork operates 15 spaces in Manhattan. From January to June, WeWork leased 549,438 total square feet, the most space out of anyone in New York City on a ranking of office leases by Costar, a real estate analytics firm.
These aren't your ordinary cubicle-filled offices; they offer amenities like arcade rooms, recording studios, education workshops and parties. Plus, WeWork is building a 675,000-square-foot space at the Brooklyn Navy Yard that will include specialty food vendors, a massage room, valet bicycle parking, outdoor terraces, a rooftop conference center and a basketball court, according to Crain's New York.
The business also recently made its first acquisition: a company called Case, which brings better technology and information flow to the process of architecting and constructing a building.
"There is still incredible demand," WeWork's Matt Shampine told Craine's. "Our community continues to grow as more and more workers seek the energy of the WeWork community."
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