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WeWork has a major problem in that they signed a vast number of real estate contracts during the financial crisis 10 years ago at fire sale prices that are now
by RobLach 8y ago
WeWork has a major problem in that they signed a vast number of real estate contracts during the financial crisis 10 years ago at fire sale prices that are now expiring and will require renegotiation. Unfortunately for WeWork they are a gentrification agent which means those leases are going to be negotiated at rates which would be a multiple of what they were originally at.