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E-Payment Platform Flowglad Makes NYC Office Debut in Chelsea
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Commercial Observer
Electronic payment processing platform Flowglad signed a two-year, 2,468-square-foot lease at 220 West 19th Street, which is owned by Red Circle NY and known as the headquarters of Italian fashion company Only the Brave Group, according to landlord broker Avison Young.
Asking rent in the property is $69 per square foot, according to Avison Young.
Some of the building’s occupants are affiliate brands of landlord Red Circle, such as fashion brand Diesel, which occupies three floors, and luxury fashion brands Maison Margiela, Jil Sander and Marni.
Tenants in the 12-story building between Seventh and Eighth avenues include The Corcoran Group, which signed a lease for 9,200 square feet in April 2024.
Coworking firm Knotel occupied 37,868 square feet before it filed for bankruptcy in 2021, leading to its exodus from the New York City market.