WeWork is preparing a major redesign of its coworking model at 511 Fifth Avenue in Midtown Manhattan. The company recently leased approximately 37,000 square feet across four floors of the Beaux Arts office building located between East 42nd and East 43rd streets. The new location is expected to feature a dramatically different atmosphere from WeWork’s earlier industrial-inspired coworking environments, leaning instead into a quieter, more hospitality-focused design. Interior construction is expected to begin this month, with delivery targeted for October or November.
According to WeWork Chief Design Officer Ebbie Wisecarver, the project reflects a broader evolution in how the company views workplace design. Rather than open-concept startup-style spaces, the new Midtown location will emphasize privacy, comfort, and boutique hotel-inspired interiors.
Plans include burgundy carpeted corridors, custom lighting, patterned wallpaper, private work areas, and more enclosed office environments designed for finance, accounting, and professional services tenants. The concept also introduces what Wisecarver described as a “gradient of privacy,” blending shared spaces with semi-private work areas and individual offices. Traditional phone booths are being replaced with upgraded private pods featuring adjustable lighting and airflow systems.
One of the project’s centerpiece features will be a new 9,000-square-foot all-access amenity floor on the 15th level. The space will include a barista bar, private meeting areas, lounge seating, and a reservable boardroom overlooking Fifth Avenue and Central Park. The amenity floor was developed alongside the building’s ownership team, including Wharton Properties and Aurora Capital Associates.
The hospitality-inspired layout was influenced by private members clubs such as Casa Cipriani and Zero Bond, though WeWork says the environment is intended to remain broadly accessible rather than exclusive.
The redesign signals a broader shift happening across the coworking sector as operators move away from purely startup-focused branding toward more mature workplace environments. Privacy, acoustics, hospitality aesthetics, and flexible professional layouts have become increasingly important as coworking users evolve beyond early-stage tech companies. WeWork’s Midtown membership base now reportedly includes hedge funds, financial firms, and accounting groups seeking a more polished office atmosphere. The company also says its New York City portfolio is currently operating at roughly 90 percent occupancy following its post-bankruptcy restructuring efforts.
The project reflects continued demand for high-quality flexible office space in prime Manhattan locations despite broader uncertainty across the office market. Buildings near Grand Central Terminal and Bryant Park continue attracting tenants seeking premium amenities, transit access, and hospitality-driven workplace experiences. As landlords compete to attract and retain office users, partnerships with coworking operators are increasingly evolving beyond simple leasing deals into more integrated amenity and workplace strategies.
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