29 W. 35th St./ Image by GoogleMaps
NEW YORK CITY—Knotel signed a lease to occupy 39,000 square feet, five floors at United Group's 29 W. 35th St. in Midtown. The 12-story, 85,237-square-foot building is situated between Fifth and Sixth avenues. Close to Herald Square and Penn Station the property that was originally built in 1911 now finds itself in the midst of a bustling Midtown South, an area achieving record high rents according to Cushman & Wakefield's 2018 Manhattan office research.
Knotel notes as of 2019 it has completed more than 2 million square feet of deals in Manhattan, and is planning additional expansions in the upcoming weeks.
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Betsy Kim
Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.
