609 Fifth Ave. 609 Fifth Ave.

NEW YORK CITY—WeWork has signed a deal with SL Green to lease the entire office portion of the building at 609 Fifth Ave., between E. 48th and E. 49th streets. The co-working, flexible office space providers will occupy 135,000 square feet, totaling eleven floors spanning the third through the 13th, in the Midtown building. They plan to open the location in the first half of 2019.

Granit Gjonbalaj, chief development officer at WeWork, says the company is pleased to be strengthening their partnership with SL Green by leasing the new space. “This is an iconic location, and when the opportunity to take over the entire office space presented itself, we simply could not say no,” says Gjonbalaj. “Given the demand we are seeing in the area, we have no doubt that our fast-growing community will be a perfect fit for this newly-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.

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