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New York & Tri-State  + Midtown New York  + Office  |  May 28, 2019
Paul Bubny
By: Paul Bubny

Knotel Signs Deals at Two Fifth Ave. Locations

Thor Equities has leased a combined 17,600 square feet at two Fifth Avenue properties to Knotel. The flexible office space company leased 11,200 square feet at 590 Fifth Ave. and another 6,400 square feet at 597 Fifth Ave., historically known as the Scribner Building

“Near iconic destinations and some of the best shopping and dining the city has to offer, these properties are easily accessible and provide a perfect location for tenants to work and play,” said Thor chairman and CEO Joseph Sitt. “Thor is thrilled to play a role in the company’s expansion and cannot wait to see what is next for Knotel.”

The leasing agents for 590 and 597 Fifth—an Avison Young team of Arthur Mirante, John Ryan, Patrick Steffens and Dominic Perkovic—represented the landlord in the transaction along with Thor Equities’ Adam Lavinsky. Robbie Chattah and Aziz Kabbaj of Sitt Ventures represented Knotel.

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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