{"id":1004309378,"date":"2019-03-19T03:09:40","date_gmt":"2019-03-19T11:09:40","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004309378"},"modified":"2021-09-10T10:00:41","modified_gmt":"2021-09-10T18:00:41","slug":"knotel-expands-nyc-footprint-with-2-new-locations","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/knotel-expands-nyc-footprint-with-2-new-locations\/","title":{"rendered":"Knotel Expands NYC Footprint With 2 New Locations"},"content":{"rendered":"<div id=\"attachment_1004309381\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/03\/9659.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004309381\" data-attachment-id=\"1004309381\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/knotel-expands-nyc-footprint-with-2-new-locations\/attachment\/9659\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/03\/9659.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"578 Eighth Avenue\" data-image-description=\"&lt;p&gt;578 Eighth Avenue&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;578 Eighth Avenue&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/03\/9659.jpg?w=800\" class=\"wp-image-1004309381 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/03\/9659.jpg\" alt=\"\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/03\/9659.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/03\/9659.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/03\/9659.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004309381\" class=\"wp-caption-text\">578 Eighth Avenue<\/p><\/div>\n<p>Knotel continues to grow its New York City presence with the addition&nbsp;of new locations on the Eighth Avenue corridor in Midtown Manhattan. The workspace provider signed two new leases totaling nearly 20,000 square feet less than a month after it <a href=\"https:\/\/www.commercialsearch.com\/news\/knotel-signs-new-lease-in-nyc\/\">took 39,000 square feet<\/a> in another building in the area.<\/p>\n<p>The first lease encompasses 11,400 square feet, taking up the entire 15th, 16th and 18th floors of 580 Eighth Avenue. The 73,000-square-foot, 21-story asset features 11-foot slab-to-slab ceiling heights and column-free floor plans. The second location&nbsp;consists of 8,574 square feet across the entire 20th floor at Olmstead Properties\u2019 575 Eighth Avenue. The 24-story asset comprises 244,260 square feet and houses tenants such as law firm Schiavetti, Corgan, DiEdwards, Weinberg &amp; Nicholson, Yardi Matrix data shows.<\/p>\n<p>The adjacent&nbsp;buildings are blocks away from Penn Station, Times Square and the Port Authority as well as various trains. Nearby amenities include eateries, accommodation and entertainment options, caf\u00e9s and retailers.<\/p>\n<p>East End Capital Associate Asset Manager Alex Kantor&nbsp;represented the landlord in-house. Similarly, Olmstead Properties Senior Managing Director Daniel Breiman also acted in-house. Knotel opted for no outside representation. \u201c<em>Today\u2019s transactions are a great example of how demand grows rapidly within the markets where we already have a presence<\/em>,\u201d Knotel Global Head of Real Estate &amp; Business Development Eugene Lee said in a prepared statement.<\/p>\n<p><em>Image courtesy of Yardi Matrix<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The shared space provider signed on for some 20,000 square feet in two neighboring Midtown Manhattan office buildings.<\/p>\n","protected":false},"author":741,"featured_media":1004309381,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,21743,1600,21742,10,21747],"tags":[42461,36742,42248,44738],"class_list":["post-1004309378","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-deals","category-new-york","category-latest","category-northeast","category-office","tag-coworking","tag-east-end-capital","tag-knotel","tag-olmstead-properties"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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