What if WeWork reverses course and starts downsizing?
“WeWork may have been pulled back from the edge of insolvency by its biggest investor, but many of its landlords are still preparing for a worst-case scenario…Multiple potential WeWork lease deals in New York City are said to be canceled or halted, and scores of possible deals in London are now in jeopardy as WeWork reviews its expansions there, Bloomberg reports…Kilroy Chief Financial Officer, Tyler Rose, said if WeWork starts handing back any locations, the space will be in hot demand.” Bisnow November 4, 2019