Rudin Says Other Companies Will Fill Void Left by WeWork in New York

The video discusses the flow of money into real estate, highlighting the attractiveness of yields compared to other investments. It examines the impact of global events, such as US-China relations, on real estate investments. The search for yield in REITs and the New York market is explored, emphasizing the strong fundamentals of the market. The role of WeWork and the trend of coworking spaces are analyzed, with a focus on the future demand for flexible workspaces.

What is one reason for the continued flow of money into the New York real estate market?

• Decline in domestic investments

• Higher relative yields compared to European banks

• Lower property prices than in Europe

• Increased foreign investments

How has the US-China relationship affected Chinese investments in the US real estate market?

• Complete withdrawal of Chinese investments

• Significant reduction in Chinese investments

• No change in investment patterns

• Increased Chinese investments

Which sector is highlighted as a good place for finding yield due to lower interest rates?

• Cryptocurrency

• Real Estate Investment Trusts (REITs)

• Energy stocks

• Technology stocks

What is a key factor driving the New York real estate market?

• Decline in tech companies

• Strong presence of educational institutions

• Decrease in lease agreements

• Lack of young professionals

What percentage of the New York real estate market does WeWork occupy?

• 10%

• 5%

• 1%

• 3%

What is a major challenge facing WeWork according to the discussion?

• Financial instability and need to rebuild confidence

• Inability to attract enterprise clients

• Overexpansion in international markets

• Lack of demand for coworking spaces

What is the current occupancy rate of WeWork's spaces?

• 85%

• 65%

• 75%

• 95%