Tishman Speyer’s Spiral Scores With Steve Cohen

The baseball season is weeks away, but New York Mets owner Steve Cohen is making moves with his other pet project, Point72 Asset Management.

The alternative investment firm signed a lease for 60,000 square feet at Tishman Spiral’s Spiral in Hudson Yards, the Commercial Observer reported. Point72 will occupy the entire 31st floor at 66 Hudson Boulevard, as well as part of the 21st floor.

It’s unclear how long the lease is for, but the asking rent was $130 per square foot. The deal was consummated at the end of last year, but has not been previously reported.

Newmark’s Neil Goldmacher, Brian Goldman and Michael Horn represented the tenant in the deal, while Samantha Augarten and Sam Brodsky represented the landlord in-house.

Cohen’s firm already had a presence in Hudson Yards, leasing more than 175,000 square feet at 55 Hudson Yards, a tower developed by Related Companies, Oxford Properties Group and Mitsui Fudosan America. It relocated from 510 and 330 Madison Avenue when that deal came about a decade ago.

Private equity giant TPG moved to take 301,000 square feet over eight high floors in the Hudson Yards skyscraper in late 2024. At that time, occupancy at the 2.8 million-square-foot Spiral building was at 94 percent; other tenants include the U.S. headquarters of HSBC, Pfizer, Debevoise & Plimpton LLP, AllianceBernstein, Turner Construction, and Marshall Wace. The building opened in 2023.

Cohen’s Metropolitan Park, an $8 billion facility planned near Citi Field, was one of three proposals to receive a gaming license from the state at the end of last year. Cohen and Hard Rock International plan to turn 50 acres worth of parking lots next to the baseball stadium into a casino complex with nearly 300,000 square feet of gaming space, a 1,000-room hotel, a 5,650-person live music venue, restaurants and 25 acres of green space.

The team also pledged, in partnership with Slate Property Group, to build 450 affordable housing units at 54-19 100th Street in Corona, two miles away from the casino.

— Holden Walter-Warner