Knotel Leases Office Space At 240 W. 40th St. In Times Square South

240 W. 40th St. in Times Square South has been leased to Knotel, an office space provider. The property, with a total square footage of 58,302, was leased by Knotel from the landlord, Sioni Group. The leasing transaction was facilitated by the brokers Eric Siegel, Daniel Lolai, Joel Kubie, and Matt Augarten from LSL Advisors. The asking rent for the space was set at $52 per square foot.

Summary of transaction details

• Property Type: Office
• Transaction Amount: Not specified
• Address: 240 W. 40th St., Times Square South
• Tenant: Knotel
• Landlord: Sioni Group
• Brokers: Eric Siegel, Daniel Lolai, Joel Kubie, and Matt Augarten - LSL Advisors
• Asking Rent: $52 per square foot
• Square Footage: 58,302