Falcon Edge Capital, a soon to be launched hedge fund, is taking almost 9,000 square feet at the high-end office building 660 Madison Avenue.
The firm, which will begin operations in 2012 according to reports, was formed by celebrated young investment professionals Rick Gerson, formerly of the major firm Blue Ridge and Navroz Udwadia or the well known investment company Eton Park Capital Management. Read More
The office suite firm Regus is taking two floors totaling about 50,000 square feet at 112 West 34th Street, The Commercial Observer has learned. Read More
Credit Agricole has renewed approximately 350,000 square feet at 1301 Avenue of the Americas in one of the largest leases to get done in the second half of 2011. Read More
As the old adage goes, you only have one chance to make a first impression.
For Infor, a business software company whose roster of 70,000 clients – Saab, AB World Foods, Foxwood Casinos, et al – are far more recognizable than they are, moving into New York City’s growing tech market is as good as telling the world you’re ready to play with the big boys.
Infor signed a long-term lease at 641 Avenue of the Americas, an eight-story building owned by Atlas Capital Group, officials announced earlier today. Read More
Guggenheim Partners is looking to bring its New York headquarters to 330 Madison Avenue, sources told The Commercial Observer this afternoon.
The investment and financial services firm would take several floors in the base of the Vornado Realty-owned tower. Estimates vary how much space Guggenheim could fill in the building, but several people with knowledge of the firm’s requirements pinned the potential deal at 220,000 square feet or larger. Read More
Havas is in talks to move a portion of its U.S. advertising operations into 200 Hudson Street, several sources familiar with the transaction told The Commercial Observer.
The French company, which is one of the world’s largest advertising firms, would take approximately 150,000 square feet in the deal, the sources said. Read More
Swig Equities closed an active third quarter by inking a 4,460-square-foot transaction at 110 William Street for Don Congdon Associates, a literary agent, it was announced Monday afternoon. Read More
The owners of 681 Fifth Avenue, a building that already counts aspiring global fashion company Belstaff as a tenant, has brought on three new tenants into its fancy fold, including financial firms Peregrine Financial Group and Altum Capital Management.
Apex Bulk Carriers, an international owner of large shipping vessels, also signed a lease to take up the entire 11th floor. Read More
The Russian bank VTB Group is rumored to be in talks to occupy a floor at 452 Fifth Avenue, The Observer has learned.
Read More
Onward Kashiyama! said all involved parties last Thursday, as the Japanese fashion house by that name renewed its lease at 530 Seventh Avenue for three years.
Tokyo-based Onward Kashiyama distributes a number of men’s and women’s apparel lines, including preppy men’s clothier J. Press. The Connecticut-born retailer is perhaps best known for selling sweaters emblazoned with the logo of Skull and Bones, Yale University’s most notorious fraternal organization. Onward also owns top ballet shoe makers Chacott and Freed of London, and designs custom clothes for brands such as Calvin Klein and Sonia Rykiel. Read More
