A group of WeWork members hired Jim Walden of Walden Macht & Haran to demand the co-working giant stop collecting membership fees during the pandemic. WeWork members have argued the way the co-working firm frames its deals makes them more akin to gym memberships than traditional leases.
Alienating customers who have a max of one-year leases: Members have been disappointed in how the company went about collecting rent. The firm sent demanding emails, charged a 10 percent late fee for missed payments and took money out of their account in the middle of negotiating deferrals, forcing them to fight to get the money back, CO noted.
Noteworthy part of the letter: “WeWork’s actions are both unlawful and hypocritical since, as we understand it, WeWork has not been paying full rent to its own landlords.”