Park Avenue Tower/ photo credit: Real Estate Arts
NEW YORK CITY—ExodusPoint Capital has expanded its company headquarters to 35,710 square feet at EQ Office's Park Avenue Tower. The hedge fund has occupied the entire ninth floor of the 36-story building since March. It leased an additional 17,832 square feet which encompasses the full 10th floor. The terms of the lease were not disclosed. But a source with knowledge of the deal tells GlobeSt.com that the asking rents in the building range from $90 to $150.
EQ Office is owned by funds managed by the Blackstone Group. Blackstone acquired Park Avenue Tower in July 2014 for $750 million, according to Real Capital Analytics.
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Betsy Kim
Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.
