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Real Estate Rumors: KPS, WeWork, Kotler Family

Law360 (April 17, 2019, 4:13 PM EDT) -- Private equity shop KPS Capital Partners has leased 28,024 square feet in Midtown from real estate investment trust SL Green Realty Corp. at a space where asking rent had been $200 per square foot, Commercial Observer reported on Wednesday, citing a source with knowledge of the matter. The company is taking floor 52 at One Vanderbilt, an under-construction 55-story tower, according to the report.

WeWork has pulled out of five or more more talks to take additional space in Hong Kong, Reuters reported on Wednesday, citing two sources with knowledge of the matter. Reuters said as a result of walking from...

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