The Winklevoss twins are moving their company to PAS

Siblings famous for suing Mark Zuckerberg will take up 34K sf at new building

New York /
Oct.October 31, 2017 12:50 PM

Facebook’s most famous opponents will take their company to Park Avenue South.

Cameron and Tyler Winklevoss, well-known for suing Facebook CEO Mark Zuckerberg over the creation of the ubiquitous social network, are moving their digital currency exchange firm Gemini Trust Company from 30 West 24th Street to 315 Park Avenue South, according to the Commercial Observer. The company will take up 34,000 square feet across two floors of the 20-story building, and the lease is for longer than 11 years. Asking rents per square foot were in the low-$90s.

Columbia Property Trust paid $375 million for 315 Park Avenue South in 2015, and the company has since renovated the building to the tune of roughly $10 million.

Gemini, which the Winklevoss twins founded three years ago, functions as a platform for investors to store, sell and buy digital properties such as Ether and Bitcoin. The company will share space at the Park Avenue South building with BDG Media, which recently expanded its lease there to 51,150 square feet.  [CO]Eddie Small


Related Articles

arrow_forward_ios
 JLL CEO of capital markets Richard Bloxam and Roofstock CEO Gary Beasley (JLL, Roofstock, iStock)
JLL gets in rental home business
JLL gets in rental home business
Mack-Cali Realty CEO Mahbod Nia and MaryAnne Gilmartin (Photos via Mack-Cali Realty)
Mack-Cali Realty names Mahbod Nia as CEO
Mack-Cali Realty names Mahbod Nia as CEO
The comedy club argues that if SNL can operate, then they should be allowed to operate too. (Getty)
Manhattan comedy club sues Cuomo over pandemic closures
Manhattan comedy club sues Cuomo over pandemic closures
(iStock)
These were Manhattan’s best office submarkets in Q4
These were Manhattan’s best office submarkets in Q4
(iStock/Illustration by Alexis Manrodt for The Real Deal)
Order up: Real estate investors line up to buy drive-throughs
Order up: Real estate investors line up to buy drive-throughs
Mayor Bill de Blasio (Getty, iStock)
NYC to revive $17B in public construction projects
NYC to revive $17B in public construction projects
Houston House at 298 East 2nd Street and Matt Lee (Houston House, LinkedIn)
Developer Matt Lee to auction off East Village condo
Developer Matt Lee to auction off East Village condo
(Getty)
Hotel stocks went bonkers in February
Hotel stocks went bonkers in February
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...