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Submitted URL: http://email.m.sarva.co/c/eJwkj01uwyAUBk8DOyx4_C9YZFHuAfZzjIKhIiRVbl-53X3Sp5FmtmCyQ00xCOOd8c5ZTY-QLars_G6829fNrggr1yaDQO...
Effective URL: https://therealdeal.com/new-york/2019/01/24/knotel-on-the-verge-of-deal-to-lease-the-entire-flatiron-building/
Submission: On October 31 via manual from US — Scanned from DE
Effective URL: https://therealdeal.com/new-york/2019/01/24/knotel-on-the-verge-of-deal-to-lease-the-entire-flatiron-building/
Submission: On October 31 via manual from US — Scanned from DE
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search Markets All MarketsChicagoLos AngelesNationalNew YorkSan FranciscoSouth FloridaTexas News ResidentialDevelopmentCommercialPoliticsTech Magazine Current IssueIssue Archives Events Miami ExperienceSouth Florida Forumtrd.aiMiami Golf ClassicLos Angeles ForumIndustry Events Podcast + Video Video The Blueprint Coffee Talk Daily Dirt Live TRD Explains Paydirt The REInterview Real Estate Master Classes Podcast Deconstruct Data Partners Brand StudioSponsoredAdvertiseAppliances Other About UsContact UsNewslettersPrivacy PolicySubscribeCorporate SubscriptionsAdvertiseHelp CenterCareersShop Markets All MarketsChicagoLos AngelesNationalNew YorkSan FranciscoSouth FloridaTexas News ResidentialDevelopmentCommercialPoliticsTech Magazine Current IssueIssue Archives Events Miami ExperienceSouth Florida Forumtrd.aiMiami Golf ClassicLos Angeles ForumIndustry Events Podcast + Video Video The Blueprint Coffee Talk Daily Dirt Live TRD Explains Paydirt The REInterview Real Estate Master Classes Podcast Deconstruct Data Partners Brand StudioSponsoredAdvertiseAppliances All Markets TexasNationalChicagoSan FranciscoSouth FloridaNew YorkLos Angeles Sectors TechPoliticsDevelopment Sign inSubscribe Subscribe TRENDING Make that $600M: Charles Cohen’s delinquencies mountRXR gets extension on $1B office loan TA Partners defaults on $200M in loans tied to Irvine apartmentsAPF’s Midtown buildings walloped by WeWork Commercial New York A * KNOTEL ON THE VERGE OF DEAL TO LEASE THE ENTIRE FLATIRON BUILDING Flex office startup beat out The We Company and UK-based The Office Group for trophy location From left: WeWork’s Adam Neumann, the Flatiron Building at 175 5th Avenue, Knotel's Amol Sarva and The Office Group’s Olly Olsen (Credit: Getty, Pixabay, and Twitter) Jan 24, 2019, 9:00 AM By * TRD Staff Save article SHARE THIS ARTICLE * * * * * FONT SIZE AAA Knotel, the flexible office startup that aims to rival WeWork, is nearing a deal to lease the iconic Flatiron building. Amol Sarva’s company is preparing to sign a long-term lease for the 22-story building, which it plans to open as one of its flexible-office locations either later this year or in 2020, the Financial Times reported. The building’s landlord, GFP Real Estate, denied that a deal was “imminent” at the property, and declined to comment further. Knotel did not respond before deadline. The deal, if completed, marks the end to a months-long battle for the property. The We Company and UK-based Office Group were known to be in the running to take the Midtown South building, in what would have been a sparkling jewel for any co-working company. SIGN UP FOR THE NATIONAL WEEKLY NEWSLETTER SIGN UP By signing up, you agree to TheRealDeal Terms of Use and acknowledge the data practices in our Privacy Policy. The building’s current tenant, MacMillan Publishing is relocating later this year to 120 Broadway. Elsewhere, Knotel has been busy inking deals. The company has signed 160,000 square feet of space in New York over the past month. And the company’s competitors have been busy too. Industrious said it signed three new lease locations. And Spaces, the Dutch co-working firm owned by IWG (formerly Regus), recently announced an 84,000 -square-foot lease at 31 Penn Plaza. The We Company also expanded its HQ By WeWork service for mid-sized tenants, announcing four new Manhattan sites. [FT] — David Jeans TAGS Commercial Real EstateFlatiron BuildingKnotel Top stories All Markets * All Markets * Chicago * Los Angeles * National * New York * San Francisco * South Florida * Texas * New York RXR gets extension on $1B office loan * Los Angeles TA Partners defaults on $200M in loans tied to Irvine apartments * New York Lawyer grills brokerage CEOs as NAR commissions trial begins * South Florida Clevelander owner files plans for 18-story tower under state’s affordable housing law Recommended All Markets * All Markets * Chicago * Los Angeles * National * New York * San Francisco * South Florida * Texas * Barlin Brothers get Initial Approval for Austin Mixed-Use Plan * KB to build 1,300 homes on San Jose’s Communications Hill * VNB beats appeal against 214-unit apartment complex in Van Nuys * J Jeffers Tapped for Conversion of Tower Life in San Antonio * Planet Fitness Co-Founder Sells Jupiter Mansion for $15M Top stories delivered to your inbox Featured Commercial Residential Celebrity El Real Deal Weekly National Chicago Hamptons Los Angeles New York San Francisco Tri-state Texas South Florida Daily Chicago Los Angeles New York San Francisco South Florida Texas VIEW ALL NEWSLETTERS SIGN UP * About us * Contact us * Privacy policy * Terms and Conditions * Subscribe * Corporate Subscriptions * Advertise * Help center * Careers * Shop All rights reserved © 2023 The Real Deal is a registered Trademark of Korangy Publishing Inc. 450 West 31st Street, New York, NY 10001 Phone: 212-260-1332 * * * * * *