Castle Hook sets NYC office rent record with $21m-a-year lease
Low-profile macro hedge fund Castle Hook Partners is set to pay as much as $21.2m a year for new headquarters in Manhattan, in what is believed to be the highest office rent yet recorded in New York, according to a report by the Financial Times. Castle Hook will occupy the top two floors of Related Companies' 625 Madison Avenue tower, taking approximately 53,000 square feet of penthouse space.…
We haven't written up this one. Hedgeweek has the full story — the link below goes straight to it.
