527 Madison Avenue
Three financial firms have signed leases at Midtown trophy 527 Madison Avenue, The Real Deal has learned. New York City-based hedge fund Long Pond Capital signed a four-year, 8,200-square-foot lease for the 15th floor of the tower, at 54th street, while fixed-income brokerage and financial advisory firm Wunderlich Securities took the 10th floor’s 8,600 square feet, for five years.
A second hedge fund, Meru Capital, also signed an approximately 8,000-square-foot lease, renewing their 17th floor space for six years, and bringing the vacancy in the approximately 200,000-square-foot building to 5.9 percent, according to CoStar Group data. [more]