Knotel Expands Again with 23K SF at 655 Madison

by Knotel: April 25, 2018
Startup office provider Knotel is continuing its aggressive expansion in the New York City office market after agreeing to a 23,000-square-foot lease at 655 Madison Avenue in Midtown—the company’s 20th Manhattan location. Knotel has inked a five-year deal for two entire, contiguous floors (the 12th and 14th floors; there is no 13th floor at 655 Madison Avenue) at the 25-story, 230,000-square-foot office building at the northwest corner of East 60th Street, according to a company spokeswoman. The office provider, which arranges short-term and rolling lease terms with companies who effectively sublease its space, is already occupying 655 Madison Avenue and said agreements with several subtenants are “on the cusp.”...

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