Brokerage reveals top 21 Manhattan towers favored by hedge funds

Jones Lang LaSalle just launched a New York City index which will track the 21 buildings “favored by hedge funds, investment management firms and other related financial services companies,” Crain’s reported. Among those on the list are 350 Park Avenue and the Lever House at 390 Park Avenue. The list includes buildings which are either on or east of Fifth Avenue, except for one at 888 Seventh Avenue. Two of the buildings are full, and nine of the 19 remaining buildings are asking rent prices exceeding $100 per square foot. [Crain’s]