This $8B hedge fund startup is growing at Park Avenue Tower

TRD New York /
Sep.September 27, 2018 08:00 AM

Park Avenue Tower

Hedge fund ExodusPoint Capital is expanding by almost 18,000 square feet at the 36-story Park Avenue Tower.

The company will grow by 17,800 square feet, which will bring its total footprint to about 35,700 square feet, according to Commercial Observer. It will occupy the entire ninth and 10th floors of the 65 East 55th Street building, run by landlord EQ Office.

The hedge fund launched in June with a reported $8 billion in capital and has occupied the building’s ninth floor since March. It is unclear how long its expansion deal is for. The building’s asking rents range from $90 to $150 per square foot.

EQ Office has also recently leased 65,000 square feet at the building to the financial services firm BTIG Partners and 26,600 square feet to the tech security firm CLEAR. [CO] — Eddie Small

Related Articles

John Legere (Credit: Getty Images)

WeWork reportedly in talks to hire T-Mobile exec as CEO

From left: 295 Fifth Avenue, 3 World Trade Center, 50 Rockefeller Plaza (Credit: Google Maps, Wikipedia)

These were NYC’s top office leases in October

(Credit: iStock)

Small Talk: Every community meeting. About every development project. Ever.

50 Rockefeller Plaza and Katten's Chris DiAngelo (Credit: Google and Katten)

Katten law firm moving to Rockefeller Center

An example of roll-off waste management (Credit: YouTube, iStock)

A win for big building owners in trash-collection fight

Duke Long and Poshtel International CEO Morten Lund

“I can talk about erections all day”: NAR tech consultant’s bizarre fireside chat

Council member Vanessa Gibson (Credit: New York City Council)

Commercial landlords face new fines as City Council passes anti-harassment bill

From left: Pavel Fuks, Michael Cohen, Felix Sater, and Donald Trump (Credit: Getty Images and Wikipedia)

As House begins impeachment inquiry, here’s what we know about Trump’s Ukraine-real estate ties