WeWork Signs Lease Deal at 79 Madison Avenue
Lauren Elkies Schram March 27, 2014, 7:45 a.m.
Shared office space provider WeWork is taking 108,000 square feet at Colliers International’s 79 Madison Avenue between 28th and 29th Streets, The Real Deal reported.
The 15-year-lease, spanning floors two through seven, brings WeWork’s square footage in the city to around 800,000.
“We’re excited to announce WeWork NoMad, a new home for entrepreneurs at 79 Madison Avenue,” Ben Kessler, director of marketing for WeWork. told Commercial Observer in a prepared statement. “With this new location WeWork members will have access to a growing community of entrepreneurs and a network of vibrant, collaborative workspaces nationwide.”
Colliers was represented in-house by Robert Getreu and Michael Berger. WeWork was represented in-house by Mark Lapidus. Mr. Berger told The Real Deal WeWork will have a private entrance. Messrs. Robert and Berger didn’t immediately respond to Commercial Observer‘s requests for comment.
WeWork’s locations include 175 Varick Street, 25 Broadway and headquarters at 222 Broadway.