Agile workspace provider Knotel has announced that it has finalized four office space deals, totaling 78,780 square feet in Manhattan.
In the largest transaction, Knotel agreed to lease 51,000 square feet of space at the Rosen family’s 27 West 23rd Street. The deal encompasses the entire second and third floors of the building. Knotel was represented in the transaction by Elie Reiss of Skylight Leasing, while the landlord was represented by Danny Breiman of Olmstead.
“We are thrilled to expand our presence in Midtown South’s Flatiron neighborhood,” said Eugene Lee, global head of real estate and business development at Knotel. “These new transactions illustrate the continuous and strong demand we are seeing for flexible office space in that area of Manhattan.”
Knotel—which designs, builds and operates custom spaces for companies of 50 employees or more—was founded in New York City in 2016 and caters to established and growing brands. It has expanded nationally and internationally, with additional locations in San Francisco, London, Los Angeles, Berlin and Brazil. Knotel currently operates more than 100 locations, with plans to expand in existing cities, and into new markets in the U.S. and overseas.
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