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New York & Tri-State  + Uptown/Bronx  + Office  | 

Knotel, 42Floors Join Forces

Flexible office provider Knotel has acquired search engine 42Floors; terms were not disclosed. The deal will give Knotel access to data and technology on over 10 billion square feet of office space, while also accelerating its plans for a blockchain platform.

“42Floors built a powerful tool to organize a dark market that hasn’t changed in a hundred years,” says Amol Sarva, Knotel’s CEO. “You can buy a house faster than you can rent a floor. Partnering together will help give owners and customers what they both want: truth.”

Added 42Floors CEO Jason Freedman, “Renting an office shouldn’t be an archaeological expedition. With Knotel, we have a partner to take this to the next level with a blockchain platform, where all transactions will be recorded to the ledger in daylight.”

Since its founding in 2016, Knotel has inked more than one million square feet of office in New York, San Francisco, London and now Berlin, where it recently acquired Ahoy!Berlin.

For comments, questions or concerns, please contact Paul Bubny

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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