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WeWork Expands Lease at 575 Fifth Ave.

The building's co-owners Beacon and MetLife stress the desirability of Midtown Manhattan.

By Betsy Kim | Updated on November 29, 2017

575 Fifth Ave. WeWork adds floors and Numis Securities relocates to 575 5th Ave.

NEW YORK CITY—WeWork, the global workspace company, has signed a 15-year lease, adding 43,000 square feet on three floors at 575 Fifth Ave. That brings WeWork’s occupancy to a total of 101,000 square feet, leasing seven floors in the building.

In addition, Numis Securities, a UK-based investment banking and stock brokerage company, will relocate its New York office to 7,000 square feet on the 25th floor of the building. Beacon Capital Partners and MetLife co-own the building, acquiring it in 2015.

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