Search
 

WeWork Ventures to Long Island City

NEW YORK CITY—"'We expect to see more of this type of shared space use in the outer boroughs over the next eighteen months," Colliers International's Joseph Harbert tells GlobeSt.com.

By Rayna Katz | Updated on July 22, 2015

NEW YORK CITY—Co-working space leader WeWork has signed a 51,677-square-foot lease at Offices at the Square, in Long Island City. Located at 35-37 36th St., the space carried an asking rent in the $40-$50 per square foot range. The 15-year agreement brings the building to full occupancy, according to Seble Tareke-Williams of Vanbarton Group, the landlord.

Greg Smith, Ellen Israel and Kristen Morgan of JRT Realty Group together with Ethan Silverstein and Corey Horowitz of Cushman & Wakefield represented the landlord in the deal. WeWork was represented in-house.  

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.