Knotel is looking to get out of 10 Manhattan locations with lease commitments of more than $16 million as the company clashes with landlords over unpaid rent. The flex-office startup, valued at $1.6 billion in August 2019 but thought to be worth substantially less now, is offering nearly 375,000 square feet of space up for sublease, according to marketing materials reviewed by The Real Deal. Most of the leases commenced within the last 18 months
source https://therealdeal.com/2020/09/11/knotel-wants-out-at-10-manhattan-locations/
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