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New York

D.E. Shaw renews 195K sf lease at Minskoff’s 1166 Sixth

Asking rents there range from the high-$70s to the mid-$80s psf

From left: Edward Minskoff, 1166 Sixth Avenue in Midtown and David Shaw
From left: Edward Minskoff, 1166 Sixth Avenue in Midtown and David Shaw

Global investment firm D.E. Shaw Group will stay in its four-floor Sixth Avenue space.

David Shaw’s company renewed its lease for 195,000 square feet at Minskoff Equities’ 1166 Sixth Avenue in Midtown, where it occupies the fifth through ninth floors, the New York Post reported.

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Asking rents at the building run from the high-$70s to the mid-$80s per square foot, depending on the floor.

CBRE’s Timothy Dempsey, Roger Griswold and Munish Viralam represented D.E. Shaw in the deal. Minksoff was repped by JLL’s Paul Glickman, Cynthia Wasserberger, Jonathan Fanuzzi and Diana Biasotti.

The building is currently undergoing a renovation by Gensler Architects, which is redesigning the lobby, the lighting scheme and the outdoor canopies. [NYP] – Ariel Stulberg