(Bloomberg) -- Who needs the World Trade Center?

Office-sharing powerhouse WeWork Cos. is now Manhattan’s biggest private occupier of offices, the company said in a blog post. That’s even though talks to lease about 200,000 square feet (18,600 square meters) at 1 World Trade Center collapsed.

Data from brokerage Cushman & Wakefield last month put WeWork at No. 2, with 5.14 million square feet of offices, surpassed only by JPMorgan Chase & Co., with 5.2 million square feet. According to the blog post, written by WeWork Chief Development Officer Granit Gjonbalaj, it was a deal for 258,344 square feet at 21 Penn Plaza that pushed the firm to the top of the list. That lease was signed in August, The Real Deal reported.

After starting eight years ago, with just a single floor in a building in Soho, “we have gone on to occupy over 5.3 million square feet of space in Manhattan, placing us ahead of the four banking giants that have dominated the commercial real estate market for years,” Gjonbalaj wrote.

To contact the reporter on this story: Christine Maurus in New York at cmaurus@bloomberg.net

To contact the editors responsible for this story: Debarati Roy at droy5@bloomberg.net, Peter Jeffrey

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