WeWork amends leases, expects to emerge from bankruptcy. Here's how it impacts its Philadelphia locations.

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New York-based WeWork Inc. said Tuesday it expects to emerge from Chapter 11 by the end of the spring.

The beleaguered coworking company, which filed for Chapter 11 bankruptcy protection in November, said in a statement it’s determined “a final path forward” at 90% of the locations in its global real estate portfolio through amended leases, new management agreements or lease rejections.

The amended leases, however, don’t include WeWork’s two Philadelphia locations which are on the top floor at…

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Ashley Fahey

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