550 Seventh Ave. 550 Seventh Ave.

NEW YORK CITY—WeWork has signed a deal with the Adler Group to lease 52,477 square feet at 550 Seventh Ave. The co-working, flexible office provider will be taking five floors (eight, nine 14, 21 and 22) in the 24-story, art deco building that’s between W. 39th and W. 40th streets in the Garment District.

Beginning in summer 2019, the location will be used for the headquarters by WeWork program that serves medium-sized business clients. Since its inception in August 2018, the program has expanded to over 40 locations across the US and Canada. In Midtown Manhattan, WeWork has more than 20 locations.

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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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