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NEW YORK CITY—WeWork is reportedly ceasing new lease agreements, according to a report in the Financial Times, which cited people briefed on the matter.
Also, in a separate account in Bloomberg, it was reported that WeWork planned to sell three businesses it acquired in recent years: Managed by Q, Meetup and Conductor.
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
