WeWork Takes Five Floors At William Macklowe's 311 West 43rd St
Over the last few months, Hell’s Kitchen has attracted a number of top tech and creative companies like Microsoft, Yahoo and Snapchat. Now, the neighborhood has locked down one of the hippest companies in the biz: WeWork.
Adam Neumann's co-working company has signed a long-term, 66k SF office lease at William Macklowe Co and Principal Real Estate Investors’ 311 West 43rd St (pictured) in Midtown West.
With two entrances and 200k SF of office space, the historic 14-story tower was Charles Scribner’s Sons' former printing plant and corporate HQ. After purchasing the building in December, the JV renovated and upgraded the space to emphasize its large glass windows and 13.5-foot ceilings.
WeWork will have a “a building within a building” with its own independent access, control and branding from the rest of the building, the partners said in a release. The co-working giant’s five-story space will have a penthouse and roof deck.
JLL’s Howard Hersch, Clark Finney and Mitch Konsker repped the owners, while Newmark Grubb Knight Frank’s Lance Kroman repped WeWork. Asking rent for the space is mid-$60s.