17 State St./Photo credit: RFR Realty
NEW YORK CITY—Alphadyne Asset Management has expanded and extended its lease at RFR Realty's 17 State St. to total 43,872 square feet, spanning three full floors of the 42-story office tower. The new lease is for 10 years and the asking rent was $73 per square foot.
The alternative asset management firm has been in the Lower Manhattan building since 2005. The company has offices in London, Tokyo and Hong Kong. Its investors include pension funds, insurance companies, asset managers, investment consultants and sovereign wealth funds.
RFR's AJ Camhi and Ryan Silverman, along with Jones Lang LaSalle's Mitchell Konsker, John Wheeler and Clayton Kline represented the building ownership. JLL's Jason Schwartzenberg served as Alphadyne's broker.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
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.
