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Tags: BUSINESS

Knotel continues its Manhattan expansion

New York-based coworking firm Knotel has signed a deal for a 39,000 square feet of space at United Group’s Midtown location.

The company will take over five of the 12 floors in the 85,237 square foot building located between Fifth and Sixth avenues.

As of 2019, Knotel said it has completed over 2 million square feet of deals in Manhattan and has expansion plans in the future.

“Landlords and occupiers alike are seeing the flexible office as the new normal—a valuable way to manage their portfolios and real estate requirements,” said Eugene Lee, global head of real estate and business development at Knotel.

This deal adds onto Knotel’s 625,000 square feet of space since the beginning of 2019.

ABOUT Aayat Ali
Aayat Ali

Aayat is an editor for the Daily Digest based out of Kentucky. She has worked with local coworking spaces since August of 2017 and enjoys taking her firsthand knowledge to write about the fascinating, constantly evolving world of flexible workspaces. Feel free to reach out to her at [email protected] View all posts by Aayat Ali

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