WeWork Rival Knotel Files For Bankruptcy for its U.S. Business
Posted on 02/01/2021
New York-based Knotel, Inc. is a competitor to WeWork in the co-sharing office space market. Knotel filed for chapter 11 bankruptcy for its U.S. business. Real estate services firm Newmark Group Inc. agreed to takeover Knotel’s U.S. business. The COVID-19 pandemic and lockdowns devastated the co-working business model. Knotel was founded in 2016 and raised […]
