# Professor Ari Ginsberg shares his thoughts on how WeWork's troubles may impact NYC's commercial real estate market

1 Faculty News October 16, 2019 ![Citylab logo](/sites/default/files/styles/246w/public/assets/images/citylablogo_0.jpg?itok=m2XP-M92)>

Excerpt from [CityLab](https://www.citylab.com/life/2019/10/wework-manhattan-real-estate-coworking-office-space-rental/599338/) -- "'The truth of the matter is that this is not an industry that \[WeWork\] really created,' says [Ari Ginsberg](https://www.stern.nyu.edu/faculty/bio/ari-ginsberg), professor of entrepreneurship and management at New York University’s Stern School of Business. 'A lot of the light that was on this industry was shown on them. When investors started questioning if is there’s a there there, they began to question whether they had a solid business model.'”

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