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Ten years ago, I ended a meeting at WeWork with an offer to grab a free beer on tap. Last week, I ended it with a similar offer, except this time the beverage on offer was kombucha. The seemingly innocuous shift is symbolic of a bigger evolution underway at the coworking giant: less coolness, more functionality. WeWork is growing up, and its newest location in downtown Manhattan is the most visible proof yet: 250 Broadway, which opened in January, is WeWork’s first outpost in the city since 2019the year WeWork abandoned its initial public offering and ousted cofounder Adam Neumann as CEO. The space adds 60,000 square feet to the company’s New York portfolio, which already exceeds 3 million square feet. And it’s yet another outpost in a global network that now spans 600 locations worldwide. Except this isn’t WeWork as you might remember it: There are no neon signs, no beer o’clock, and no ping-pong tables. Instead, the walls are hung with paintings sourced through ArtLifting, an art consultancy that works with artists living with homelessness or disabilities. The bar is stocked with kombucha and espresso machines. And the once-labyrinthine corridors you could navigate only by asking for directions are now marked with pristine wayfinding signs. This is WeWork 2.0, and its already a hit: 250 Broadway is 94% occupied across five floorsincluding one that wont open until spring. [Photo: WeWork] The rise and fall (and rise again) of WeWork WeWork’s story is by now a familiar parable of Silicon Valley excess. Founded in 2010 by Neumann and Miguel McKelvey, the company spent a decade expanding on billions from SoftBank’s Vision Funda Saudi-backed mega-fund that poured tens of billions into high-growth tech startups like WeWorkalong with a cultish faith in Neumann’s vision of community as business model. Then came the botched IPO in 2019, a belated stock market debut that failed to turn the tide, and, in November 2023, a Chapter 11 bankruptcy filing. By the time WeWork reemerged in June 2024, it had shed roughly $4 billion in debt, closed hundreds of locations, and installed global commercial real estate firm Cushman & Wakefield veteran John Santora as its new CEO. [Photo: WeWork] WeWork 2.0: From cool to functional The seeds for WeWork 2.0 were sown in 2019, but according to its chief design officer, Ebbie Wisecarver, the company hadnt reset its design values until last year. Today the goal is for WeWork locations to feel familiar and engaging. But where previous locations stuck to a recognizable WeWork brand (think: industrial loft meets Brooklyn coffee shop), new locations are designed to feel timeless rather than trendy. “WeWork’s culture and what it stands for has evolved,” Wisecarver told me during a tour of 250 Broadway. “I don’t think it’s diminished this idea of community and connection, I just think we’ve adapted in a lot of ways to providing more spaces that are more suitable for what people are doing there.” Before 2019, every location had to conform to a prescribed aesthetic, “and I think that actually restricted some locations from really being what they could be,” she said. Now the design team isn’t afraid to go slightly off-brand if the building calls for it. At 250 Broadway, the team drew from the history of Lower Manhattan itself. The iconic Woolworth Buildingvisible from nearly every office windowis echoed in the spaces stone tile floors and its art deco-style reeded glass dividers. The sconces lighting up the lounge area were sourced from Brooklyn-based lighting design studio In Common With, while much of the furniture was made by New Jersey millwork firm Bestmark. The upgrades, however, go deeper than aesthetics. Private offices, once outfitted with wooden floors that members complained amplified noise, are now carpeted. The mothers’ roomhistorically a corporate afterthoughthas been given a window with a view of Manhattan. Even the phone booths, supplied by office design company Room, have been rethought and positioned in clusters near lounge areas rather than scattered across the floor. According to Wisecarver, that was a direct response to members asking for quiet spaces adjacent to communal ones. [Photo: WeWork] A flexible workspace for the post-COVID era The 250 Broadway location came about in part by necessity: WeWork’s lease next door, at 222 Broadway, was expiring as the building converted to residential. But the timing of what WeWork has built there speaks to something bigger than a single office move. Since the pandemic, the way we work has fundamentally changedperhaps permanently. The old WeWork, with its beer taps and open-plan optimism, was a result of working styles before COVID-19. Now hybrid schedules have made flexibility a basline expectation rather than a perk. Workers want spaces that are quiet when they need focus and communal when they need connectionsometimes within the same hour. WeWork’s new design strategy is a response to that shift. Today WeWork’s numbers suggest the office isn’t as dead as some proclaimed it would be. Across New York City, WeWork’s occupancy sits at 82%, with Midtown running at 90%. Globally, the company has climbed from 70% to 77% occupancy and is targeting 80% this year. Several markets are already well past that threshold: Dublin’s One Central Plaza is at 100%, Barcelona and Milan are both north of 90%, and Toronto has jumped from 73% to 85%. (San Francisco sits at 76%, up from 64%). The problem is, while WeWork once revolutionized coworking, competition has never been stiffer. Industrious, acquired by CBRE for $400 million in early 2025, has built a premium alternative that competes directly for enterprise clients. IWG, the parent company of Regus and Spaces, has long been profitable where WeWork was not. And in WeWork’s own backyard in New York City’s financial district, WSA has bet that blending coworking with arts programming and cultural events is the next frontier of flexible work. Which may be exactly why 250 Broadway feels more like a thesis statement. This summer, WeWork is opening a new location at 245 Fifth Avenue in Manhattan’s NoMad neighborhood. A new floor is being added to its 1 University Avenue location in Toronto. Upgraded offices are also coming to 1201 Wilson in Washington, D.C. Underpinning all of it is a commitment to reinvest roughly $80 million annually in modernizing its portfolioa figure the company spent in 2025 and is repeating again in 2026. Only time will tell if the thesis will prove out across these future locations.
Category:
E-Commerce
Through the end of the 2010s, people were a companys infrastructure. Large workforces provided the scaffold upon which a business could build capacity for complexity: hire more people, take on more work. Artificial intelligence has upended this relationship, decoupling a companys potential productivity from its headcount and redefining which businesses will fare best. As a result, Americas mid-sized companies are disappearing: the number of businesses with between 250 and 499 employees has fallen by 22.5% since 2020. Meanwhile, the independent professional economy is quickly growing to take their place: 30.4 million U.S. solopreneurs (businesses with a single employee) now collectively generate over $1.75 trillion in output, rivaling that of larger firms. As mid-size companies dwindle, their economic role will be replaced by individuals using AI as their infrastructure. The next five years will see the rise of an entirely new model of work, one in which savvy service professionalsfrom lawyers to plumberswill operate at a scale previously possible only for mid-sized or even larger companies. EXPANDING SOLO WORK When surveyed, entrepreneurs note that they spend 36% of their working hours on administrative tasks, leaving little capacity to think about business growth or transformation. Single process automations have historically helped to free up some of this brain space, but AI does this on an entirely different level. Pearls proprietary research shows 50% of white-collar workers believe AI could handle over half of their job responsibilities in the next five years. For a new crop of solopreneurs, AI will completely assume their burdensome administrative work. But AI wont be just another force multiplier akin to digitizing invoices in QuickBooks or tracking a customers status in Salesforce. For solopreneurs, AI will add entirely new forces, equipping them with super agents to expand their business to the heft of a mid-sized firm while leaving them room to focus on mastering their craft. Middle-sized companies used to occupy a protected niche, gathering trusted groups of professionals to offer formalized work too specialized for large enterprises and too complicated for solo workers. Now, a solopreneur can harness the power of a 250-person firm, not by replacing hundreds of employees but by using AI to replicate the coordination that previously made this size staff necessary. THE DIGITAL WORKFORCE Solopreneurs will match the quantity and quality of work of a mid-sized business by assembling a digital workforce to coordinate across five distinct categories: Sales and Marketing The solopreneur already has a distinct advantage over mid-size companies in acquiring customers: their singular voice. AI helps them extend this voice to find new leads far beyond their network and maintain sales relationships at a capacity far higher than what one person can manage alone. Businesses are currently using AI to make faster marketing decisions and even automate entire workflows, such as sending tailored emails to capture a potential customer who has abandoned their cart and tracking the results. Future sales and marketing will hand off even more of the strategic work to AI, allowing it to lead entire accounts, negotiate pricing, and derive new messaging based on real-time customer signals, all to extend a professionals personal reach. Research For client work already secured, solopreneurs are using tools like Perplexitys Deep Research to create expert-level briefs in minutes, earning the company an $18 billion valuation from investors betting on AI-driven knowledge work. From synthesizing multiple earnings call transcripts to surfacing the latest news on competitors and novel techniques, AI is giving sole proprietors access to an exponentially wider breadth of knowledge and eliminating the fluff so they can absorb only the most consequential information. As AI matures, it will help solopreneurs continually update a research memory bank, question initial output for factuality, and flag missing data. Execution For a legal issue, for example, customers would rather avoid paying for the overhead of a large firm and work solely with the most experienced lawyer. AIs execution power finally enables this, connecting trusted experts directly with customers. The most advanced sole proprietors today compete with mid-size companies by running multiple specialized agents, automating workplace tasks like drafting informed email responses, summarizing meetings through different expert lenses, and preparing tailored reports. Already, U.K. civil servants have reported that they save an average of two weeks per year with similar AI automations. In the next five years, AI will evolve from requiring explicit instructions to only needing intent. Instead of requesting email drafts for review, a solo lawyer might ask AI to keep a client warm or move this deal forward and let an agent do the rest. Humans will still play the most important role, consulting on nonnegotiable accuracy checks and strategy decisions. Compliance Though famously unsexy, compliance is essential to company growth and what keeps many smaller firms from venturing outside their core pursuits. With AI anticipating compliance issues, solopreneurs can more quickly expand into new areas of business, rivaling larger firms whose governance teams protect them in these pivots. AI compliance platforms already track and map relevant changing regulations, allowing solopreneurs to keep up with shifting legal obligations without a large compliance team. What will come next is AI-generated audit trails and compliance assessments for real-time operations, shifting the work of keeping a company in line completely into the background. Management Coordinating an entire infrastructure of autonomous agents will be essential to scaling a business with only one human employee. The startup period will likely be much more extensive than for a human-staffed company, with the solopreneur needing to define a vision fo the business and reiterate it to management agents to get processes right. When management agents are finally aligned with the company leader, theyll be able to predictively schedule subordinate agents, balance workloads, and uplevel important considerations before they turn into problems. Today, an AI agent can launch tens of others to complete a complex process. Tomorrow, a network of management agents will continuously reprioritize work to meet the solopreneurs long-term goals. SCRAMBLING THE PROFESSIONAL FIELD Rather than a distant vision, the multi-million-dollar solo business is already here. In just six months, Maor Shlomo alone built vibe coding platform Base44. He garnered tens of thousands of customers and sold it to Wix for $80 million. Meanwhile, 50% of global freelancers are already earning more on projects when they use AI tools. 62% of GenZers are interested in starting their own business so America can expect a continuing increase in sole-proprietor firms from the next generation of knowledge workers. However, not every professional will be equipped to immediately become a solopreneur. They will still need training grounds like enterprises, continuing education programs, and peer mentorship to hone the expertise necessary to justify staking out on their own. What AI has changed is that anyone in the professional sphere can now go solo, they just have to choose the right moment in their career. Even as more Americans consult AI for advice, they will continue to seek out human experts for the best service. Increasingly, however, these professionals will be powered by AI infrastructures complex enough to rival mid-sized firms.
Category:
E-Commerce
As the Barack Obama Presidential Center takes shape ahead of its June 2026 opening, some observers have pointed feedback about an element of the building’s design. The Chicago tower features all-caps lettering that wraps around two sides of the building. But for many people, the textan excerpt from the former presidents speech in 2015, on the 50th anniversary of the marches from Selma to Montgomery, Alabamais nearly impossible to read. Its designers say legibility isn’t the onlyor even the primaryfunction of the lettering. “One of the key questions I asked at the beginning was, are people supposed to read this?” says designer Micheal Bierut, who typeset the lettering with a team at Pentagram, led by designer Britt Cobb. “Is legibility the primary goal here? Do we want people to be able to stand on the ground, look up at this tower, and read those words? And that was discussed on the client end, and the answer came back, ‘No, it should have the promise of meaning, it should be decipherable, everything should be spelled right and it should make sense. [Rendering: The Obama Foundation] Letters as texture Early concepts of the Obama Presidential Center designed by Tod Williams Billie Tsien Architects (TWBTA) showed a perforated upper section depicted in drawings as an abstract, irregular pattern. At one point, architects considered filling the space with a bunch of words, like a word cloud, though that idea didn’t feel quite dignified enough for a presidential library. Instead, they decided to use an excerpt from one of Obama’s speeches. “Just as a million people go to the Lincoln Memorial, some of them will stand and read every word of the second inaugural; some people will just admire the statue in the building and kind of take it in, and a couple of words will jump out, but not the whole thing,” Bierut tells Fast Company. “It’s in that tradition that I think we were operating.” The function of the feature is to serve as a space on the building that would be illuminated to the outside at night; from the inside, it’s a viewing area. Bierut says it was “never intended to look or feel or communicate as an applied sign stuck on the building.” It’s part of the architecture, not separate from it. Not everyone is a fan, though. Chicago Sun-Times architecture critic Lee Bey wrote on X that the text was “tough to read to me, giving off the lorem ipsum vibes,” referring to the Latin dummy text designers use as a placeholder when typesetting, while other X users joked the full quote can only be fully read by a drone as a dual dig against the design and against the Obama administration’s drone warfare program. [Photo: E. Jason Wambsgans/Chicago Tribune/Tribune News Service/Getty Images] Typesetting an architectural feature The words are load-bearing, which added an element of complexity to the design process. “We’re moving around typography, adjusting letter sizes and letter spacing, and suddenly you’re typesetting 5-foot letters that are bearing tons of weight,” Cobb says. “It gets to a point where it becomes [more] about structural design. . . . I might say how I wish that letter could be three inches closer, but no, sorry, it’s bearing all this weight. It’s got to be here instead of there.” The letters are set in an adapted version of Gotham, Obama’s presidential campaign font, and the excerpt comes from one of Obama’s most famous speeches as president. Given at the Edmund Pettus Bridge, the National Historic Landmark where police attacked civil rights marchers on Bloody Sunday 1965, Obama tied Selma to the broader American story in his speech. The excerpt reads: “You are America. Unconstrained by habit and convention. Unencumbered by what is, ready to seize what ought to be. For everywhere in this country, there are first steps to be taken, there is new ground to cover, there are more bridges to be crossed. America is not the project of any one person. The single most powerful word in our democracy is the word We. We the People. We Shall Overcome. Yes We Can. That word is owned by no one. It belongs to everyone. Oh, what a glorious task we are given to continually try to improve this great nation of ours.” The text as it appears on the building wasn’t designed to be a billboard or read as a speech. It’s a pep talk to America. You are America. We the people. Yes we can. Even if glanced only in snippets, these words still hold power.
Category:
E-Commerce
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