WeWork continues to rapidly expand in the Chelsea neighborhood. The $20 billion coworking giant signed a 100,000-square-foot lease at 214 West 29th Street with landlord Walter & Samuels. It will occupy floors two through eight at the 17-story office building between Seventh and Eighth Avenue.
Read MoreHudson's Bay Company To Sell Landmark Fifth Avenue Lord & Taylor Building To WeWork
The landmark Lord & Taylor Building on Fifth Avenue is set to become the new WeWork Headquarters. In a deal valued at $850 million, Lord & Taylor's parent company, Hudson's Bay Company, will sell the iconic building to the 7 year old, co-working office space venture, as pressure on retail continues in the ever changing retail marketplace.
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