WeWork Renegotiates 300K SF Lease at 1440 Broadway

Deal on space occupied by Amazon comes as firm tells court to expect more lease cancellations.

WeWork, which has cancelled nearly 70 leases since filing for bankruptcy protection on November 7, has successfully renegotiated the terms of its lease for 300K SF of office space at 1440 Broadway.

The co-working giant will continue to operate 10 floors of the Times Square building in a deal that reduces the rent and shortens the lease term, according to a report in Bloomberg.

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