News

Source: New York Post

August 22, 2017

Flex-work provider Knotel has signed two new leases at 137 Varick St and at 40 Exchange Place.

Flex-work provider Knotel has signed two new leases.

The first is for 29,171 square feet at 137 Varick St. on the northwest corner of Spring Street in Soho, where it will have the entire third and eighth floors.

Peter Fontanetta and Harrison Katzman of the Schoen Group at Savitt Partners represented Knotel.

Matthew Fox and John Franqui of Trinity Real Estate represented the ownership in-house, which had an asking rent of $45 per square foot.

Knotel also signed a three-floor deal for 27,000 square feet at 40 Exchange Place in the Financial District. Under this 10-year deal, Knotel will have three floors.

Michael Morris and Gregory DiGioia at Newmark Knight Frank represented the tenant.

On the 13th floor of the same building, Breather, a company that rents conference facilities by the hour or by the day through its mobile app, signed a 1,250-square-foot lease.

Ramsey Feher and Zachary Price of CBRE Group acted on behalf of the tenant in the transaction. This will be Breather’s second in the Financial District.

The 20-story tower also signed a 4,554-square-foot lease on the third floor with January Digital, a marketing agency represented by Stephan Steiner of Savills Studley.

Building owners Newmark Holdings and the Northwind Group were repped by Allen Gurevich of Newmark Holdings. The asking rent is in the low-to-mid-$50s per square foot for prebuilt spaces.