Knotel expands in Manhattan with a new lease at 61 Broadway

The company is taking 60k square feet on four floors

61 Broadway and Eugene Lee (Credit: RXR Realty and Knotel)
61 Broadway and Eugene Lee (Credit: RXR Realty and Knotel)

Knotel has locked down a new lease in Lower Manhattan.

The flexible office company finalized a 60,323 square-foot lease at RXR’s 61 Broadway, Knotel said in a statement. The lease spans the entire 9th, 10th, 17th and 18th floors of the 33-story tower.

Commercial Observer first reported news of the deal.

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CBRE’s Sinclair Li, Dan Wilpon and Evan Fiddle represented Knotel in the deal. Newmark Knight Frank’s Hal Stein, David Malawer, Ben Shapiro and Todd Stracci represented the owner.

“This is a strategic step that reflects flexible real estate needs and the growing opportunities in the Lower Manhattan market,” Eugene Lee, global head of real estate & business development at Knotel, said in the statement.

In December, Knotel signed three new leases for a combined 80,000 square feet in Chelsea. The biggest deal was the firm’s 51,000 square feet at 27 West 23rd Street, where Knotel will share the building with liquor company Eldrington.

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