Hedge funds are paying top dollar to lease space in Midtown towers like the GM Building, 9 West 57th St., the Seagram Building and Lever House. The in-demand buildings offer status-symbol addresses and command sky-high rents; new leases at the GM Building have gone for as much as $200 a square foot. The area between Central Park to the north and Rockefeller Plaza to the south is said to have the densest population of hedge funds in the world. more [Sun]
Hedge funds gorge on Class A space
February 15, 2007 12:00AM
