lease beat

Steven A. Cohen Close to Deal at 510 Madison

Billionaire Steven A. Cohen is poised to follow his recent legal reprieve with a huge lease at 510 Madison Avenue.

After months of speculation, his mercurial hedge fund, SAC Capital, is near a deal to take 66,000 square feet, or the second through fifth floors, multiple sources said. Rumors of the deal have been swirling for months, but a lawsuit Read More

The Hedge Fund Exodus

Earlier this month, a story splashed across the front page of the Post warned that representatives from more than a dozen New York City hedge funds had “crossed the border” to meet with Connecticut Governor Jodi Rell. Over fried calamari, the governor reportedly pitched the executives on moving their businesses to her state: Read More