609 Fifth Ave. 609 FifthAve.

NEW YORK CITY—WeWork has signed a deal with SL Green to leasethe entire office portion of the building at 609 Fifth Ave.,between E. 48th and E. 49th streets. The co-working, flexibleoffice space providers will occupy 135,000 square feet, totalingeleven floors spanning the third through the 13th, in the Midtownbuilding. They plan to open the location in the first half of2019.

Granit Gjonbalaj, chief development officer at WeWork, says thecompany is pleased to be strengthening their partnership with SLGreen by leasing the new space. “This is an iconic location, andwhen the opportunity to take over the entire office space presenteditself, we simply could not say no,” says Gjonbalaj. “Given thedemand we are seeing in the area, we have no doubt that ourfast-growing community will be a perfect fit for thisnewly-revitalized building.”

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Betsy Kim

Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.