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October 14, 2019

WeWork to close its New York elementary school next year

  • The closure is part of the company's efforts to focus on its core office space leasing business, raising the possibility that it could shed more side businesses, such as WeLive.
    • By ALEXANDRA OLSON
    AP Business Writer

    NEW YORK — WeWork will close the school it opened last year in New York with the lofty goal of promoting “conscious entrepreneurship” as the office-sharing company retrenches following its botched attempt to sell its stock on Wall Street.

    The “WeGrow” elementary and preschool in Manhattan will close at the end of the 2019-2020 school year, the company said Friday.


     
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