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Deals & Dealmakers

Moinian welcomes Knotel to Madison Avenue

Flexible workplace provider Knotel has signed 56,100 s/f in The Moinian Group’s 60 Madison Avenue property.

Knotel’s space will span three floors at the 13-story office building adjacent to Madison Square Park.

“Knotel is expanding steadily as owners continue to understand the value we bring to their portfolios and seek out the capital efficiency of our approach,” said Eugene Lee, Knotel’s chief investment officer and global head of real estate.

“Our growth is a testament to the surging demand for flexible office from large enterprises, and having more than 100 locations in New York alone highlights our unique ability to be where our clients want.”

Since 2016, Knotel has grown to more than 200 buildings in 15 markets, including New York, San Francisco and Los Angeles

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