WeWork Makes NYC Leasing Comeback With 60K SF at 250 Broadway

July 9, 2025 | New York City

WeWork is re-entering New York City’s leasing scene with a 60,000-square-foot commitment at 250 Broadway, its first new lease in the city since 2019. The deal, announced by the coworking giant, will see WeWork occupy five floors in the AmTrust RE-owned Lower Manhattan office building. The location is set to open later this year and will feature coworking lounges, meeting rooms, private offices, wellness amenities, and more.

CEO John Santora emphasized NYC’s role as a "critical launchpad" in the company’s new growth strategy. After emerging from bankruptcy last year, WeWork cut $4B in debt, brought in equity partner Yardi Systems, and revamped its leadership. The 250 Broadway lease is a major sign the company is pivoting from retrenchment to expansion.