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After conducting a yearlong search for a second home, Amazon has switched gears and is now finalizing plans to have a total of 50,000 employees in two locations, according to people familiar with the decision-making process.
The company is nearing a deal to move to the Long Island City neighborhood of Queens [...]. Amazon is also close to a deal to move to the Crystal City area of Arlington, Va., a Washington suburb, one of the people said.
— The New York Times
It looks like Jeff Bezos may have finally found that second home for his online empire—or make that second and third. After narrowing down the list of cities that could be potential new hosts of Amazon's HQ2 in January, the company has been tight-lipped about its final decision. Until yesterday... View full entry
Vornado and WeWork announced last May that Crystal City would be one of the first places in the nation for WeWork's residential brand, WeLive. Now Vornado has approached Arlington County about changing its plans for 2221 S. Clark St. to set aside two floors of space for a new WeWork center, bringing both concepts under one roof. [...]
WeLive is a newer concept geared toward the same audience and including smaller, efficiency units with similar common spaces for residents to share.
— bizjournals.com
Check out our interview with Miguel McKelvey, former architect and co-founder of WeWork, for some background on the co-working giant. View full entry