Office

Because it’s uncertain how the pandemic will progress, it’s critical to plan for a wide range of scenarios.

The sale implied a valuation for the Wing of about $165 million, a significant discount to its earlier value, according to some of the people familiar with the deal.

The property is currently just over 50 percent occupied.

In recent years, WeWork far outpaced its rivals expanding in major U.S. cities.

A group led by developer Michael Shvo has made a deal to purchase the Transamerica Pyramid building for about $700 million.