The Real Deal New York

Knotel signs on for 5-floor spread near Herald Square

Company will occupy 39K sf at 29 West 35th Street
By Eddie Small | February 07, 2019 12:00PM

29 West 35th Street and Amol Sarva (Credit: Google Maps and Wikipedia)

Knotel is bringing 39,000 square feet of shared-office space to United Group’s 29 West 35th Street.

The new lease spans five floors at the 12-story, 85,000-square-foot office building, located near Herald Square and Penn Station, Knotel announced Thursday. A Colliers International team of Michael Cohen, John Pavone and Jessica Verdi represented Knotel in the deal, while Roni Mova represented United Group in-house.

Knotel now has more than 2 million square feet of deals in Manhattan and plans to expand more in the coming weeks.

“We are pleased to add another great location to our portfolio to meet the needs of our clients and will continue to grow aggressively in NYC and beyond,” Eugene Lee, Knotel’s global head of real estate, said in a statement.

Knotel plans to move its headquarters from 137 Varick Street to the former New York Times building at 229 West 43rd Street, expanding from 14,000 square feet to 51,000 square feet. The firm has signed at least 160,000 square feet of leases in Manhattan over the past two months and is negotiating to lease the entire Flatiron Building.