They are in chapter 11, which is aimed at reorganizing a company. They hope to still be a business going forward.

For customers, it should still be relatively the same service. I expect some amenities to change, but you should still be able to rent a desk (for at least the near term).

As mbreeze stated, this location is probably going to continue operating as some form of coworking space even if it gets spun off of wework, which it may or it may not. There were a lot of people there, I imagine that location is probably cash flow positive. It would make sense for someone to operate it, as there was clearly demand at least at that location.