Quirky, a startup for crowdsourcing inventions that filed for Chapter 11 bankruptcy on Tuesday, has pulled the plug on its 60,000-square-foot New York City office space at the Terminal Stores complex in Chelsea, The Real Deal has learned.
Flextronics International USA, a contract design and manufacturing firm with plans to buy a Quirky subsidiary, agreed to sign a new lease for the full space occupied by Quirky...
“Things were always going well,” said Savills Studley’s Greg Taubin, who brokered Quirky’s lease in Chelsea, as well as in San Francisco. “But then the brakes were put on, and we had to immediately take action. The best move was to release them of liability...”Bankrupt startup Quirky disposes of 60K sf NYC office
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