WeWork's New Plan

  • Aurora Capital reports WeWork did not pay rent at any of their associated locations. Knotel has also reportedly failed to pay April rent at several locations.

  • WeWork's occupancy rate fell to 64% during the month of April

  • In Manhattan, co-working firms lease 3.1% of it's total stock

  • Fox's Charles Gasparino tweeted Monday that WeWork will be announcing a new business plan Tuesday to survive & thrive amidst the Covid-19 pandemic.

#WeWork #Covid19 #Coworking #Knotel #Manhattan

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