Risk
WeWork’s Impact Will Be a ‘Bloodbath’ for Office Space
The market already was in poor shape before the Chapter 11 filing, strategists say. Now this.
The market already was in poor shape before the Chapter 11 filing, strategists say. Now this.
Its purchase of a stake in a swanky NYC tower shows there’s demand for the new stuff. But older buildings are struggling.
But it’s still 9% behind its pre-pandemic level. Will this all translate into a rebirth for the office market?