Silver Lake in talks to move to 55 Hudson Yards

The private equity firm would leave its office at Solow's 9 W. 57th St.

TRD NEW YORK /
Feb.February 28, 2017 06:04 PM
55-Hudson-Silver-lake

Silver Lake co-founder Jim Davidson and 55 Hudson Yards

Silver Lake, an investment firm that has backed the likes of Alibaba and Dell, is in talks to move its New York offices to 55 Hudson Yards, according to Bloomberg. The company is said to be looking for around 50,000 square feet at the upcoming office tower. 

The move would make Silver Lake the second marquee tenant to leave the Solow Building TRData LogoTINY at 9 West 57th Street for a new home at Hudson Yards, after private equity firm KKR bought a 343,000-square-foot office condo at 30 Hudson Yards in 2015.The news was first reported by the business and politics website Axios.

Other tenants signed up at the 1.3 million-square-foot 55 Hudson include Steve Cohen’s Point72 Asset and law firm Milbank Tweed Hadley & McCloy. The tower is being developed by Mitsui Fudosan, which owns a majority stake, along with Related Companies and Oxford Properties.

Another potential tenant is the law firm Cooley, which is spearheading Snap’s upcoming IPO and potentially eyeing up to three floors at the tower, as The Real Deal reported.  [Bloomberg] — Will Parker


Related Articles

arrow_forward_ios
Brookfield Asset Management CEO Bruce Flatt

“We underwrite every investment like we’re going to hit a recession”: Brookfield CEO

Cadre founder Ryan Williams and Allen Smith

Cadre brings on former Four Seasons CEO as president

AKS Capital Partners Managing Partners Aaron Appel and Walker & Dunlop CEO Willy Walker

Walker & Dunlop acquires Aaron Appel’s AKS Capital Partners

From left: Publisher and founder Amir Korangy, Editor-in-chief Stuart Elliott and VP of Corporate Development Yoav Barilan

TRD’s founders share war stories from over the years

As the years go by_A look back at 17 years of real estate history

A look back at 17 years of real estate history

250th Issue

The Real Deal celebrates 250 issues

Neir’s Tavern (Credit: Google Maps)

City’s oldest bar, of “Goodfellas” fame, gets last-minute lifeline

Neir's Tavern (Credit: Google Maps)

Landlord to bar owner: You don’t have to go home but you can’t stay here

arrow_forward_ios
Loading...