New York & Tri-State + Downtown New York + Office | January 22, 2019

Knotel Takes 4 Floors at RXR’s 61 Broadway

Knotel has expanded its Lower Manhattan footprint, signing a lease for 60,323 square feet at RXR’s 61 Broadway. The new lease encompasses a total of four floors at the 33-story, 786,975 square-foot office tower.

“This is a strategic step that reflects flexible real estate needs and the growing opportunities in the Lower Manhattan market.” said Eugene Lee, global head of real estate & business development at Knotel.

Sinclair Li, Dan Wilpon and Evan Fiddle of CBRE represented Knotel in the transaction, while NKF’s Hal Stein, David Malawer, Ben Shapiro and Todd Stracci represented RXR.

Originally known as the Adams Express Building, 61 Broadway was the seventh tallest structure in Manhattan when it was completed in 1914. In recent months, Knotel has signed leases at SL Green’s 110 Greene St., CIM’s 5 Hanover Square and Jack Resnick & Son’s 250 Hudson St., among other Downtown locations.

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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 13-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 15-20 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).