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WeWork's rival eyes expansion in NYC by year's end

Knotel Inc expects to have about one million sq ft under lease by December 2017.

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People visiting WeWork's booth at the TechCrunch Disrupt event in New York City. WeWork has become the world's largest co-working startup, with a global presence. Knotel plans to expand its operations to take on WeWork.

STARTUP Knotel Inc is planning to more than triple its office space in New York by the end of the year in an effort to approach the omnipresence of WeWork Cos, the city's dominant name in shared workplaces.

The expansion comes amid growing demand for Knotel's niche in the shared-office

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