The landlord of a Manhattan office building is reportedly suing Knotel, one of its tenants, for $536,000.
According to the lawsuit, building owners United Group and American Equities allege that Knotel owes rent for April, May and June.
The flexible office company occupies space across five floors of the 12-storey building at 29 West 35th Street. The lawsuit is one of several currently faced by Knotel, which is said to be evaluating its portfolio and working to reach positive resolutions with landlords.
Another tenant in the same office building, business software provider Sprinklr, is also being sued for $283,000 for rent and legal fees. Together, the two companies occupy more than 75% of the building’s office space.