Newswire Mann Report

Rudin to Welcome Dynasty Equity to 560 Lexington Avenue

560 Lexington Avenue (Photo courtesy of Rudin)

Rudin has secured a new office lease with Dynasty Equity at 560 Lexington Avenue, its 22-story office tower in the heart of the Plaza District just two blocks from Grand Central Terminal.

Dynasty Equity, a global sports investment firm focused on strategic investments across the sports ecosystem, will relocate its headquarters to 560 Lexington this summer. The company will occupy a 9,910-square-foot prebuilt space spanning a portion of the 380,000-square-foot building’s sixth floor.

“This lease is a reflection of the momentum throughout the market and specifically the tremendous demand we’ve experienced for our prebuilt spaces and new amenity suite at the building,” said Kevin Daly, vice president of office leasing at Rudin.

Newmark Chairman, National Tenant Representation Neil Goldmacher, Executive Vice Chairman Brian Goldman and Managing Director Cooper Weisman represented Dynasty Equity. Rudin was represented in-house by Kevin Daly and the CBRE team of Peter Turchin, Brett Shannon, Eric Deutsch, Jacob Rosenthal and Lauren Levy.

Dynasty Equity’s agreement adds to a streak of strong leasing momentum at 560 Lexington, with Rudin announcing a 17,778-square-foot lease with multi-strategy hedge fund, SummitTX in March; a 39,552-square-foot lease with global financial services firm, Marex in April and a 6,440-square-foot lease with global investment management firm, Ally Bridge Group in May.

In addition to its prime location just two blocks from Grand Central Terminal, building tenants benefit from 560 Lexington’s new amenity suite, which incorporates a multi-purpose conference room, private meeting room, lounge and indoor/outdoor terrace with food and beverage offerings.