Furnished Hedge Fund Sublease from Pinebridge Investments – Citibank HQ Building- 399 Park Avenue

July 23, 2012

Lance Leighton

Founder – HedgeFundSpaces.com
New York State Licensed Real Estate Salesperson

Call 516-557-1160

A rare opportunity recently became available at Boston Properties’ 399 Park Avenue.  Pinebridge Investments, a money manager with $67 BN AUM, recently put 14,419 square feet of furnished hedge fund office space on the market for sublease.  The details are as follows:

Floor:  Partial 6th
Possession:  October 1, 2012
Asking Rent: $63.00 psf
Term:  Through February 27th, 2026
Buildout:  The space is currently built with 12 perimeter offices, 7 interior offices, 3 conference rooms and an open trading area. 
Furnished:  Yes

The building is home to multiple big name investment firms including Avenue Capital, Citibank, Epoch Investment Partners, Eton Park, The Jordan Company, Brigade Capital and Polygon Investment Partners.

Recent Posts


Year in Review – The Largest Office Relocations

  • By Lance Leighton | January  05,  2018

BlackRock, Bank of America and Third Point had Midtown Manhattan's most notable new leases. There is no question that 2017 was a solid year for New York City commercial real…

Why 106 West 56th Street, also known as

  • By Lance Leighton | May  18,  2022

106 West 56th Street is perhaps the most appropriate luxury office building in Midtown for small hedge funds and boutique financial companies... Back in 2020, we posted an article featuring…

What does some of the cheapest office space

  • By Lance Leighton | January  03,  2013

Cheapest Office Space In Midtown - A Hidden Gem at SL Green's 48 East 43rd Street Typically, tenants associate subleases with cheap and affordable office space in NYC.  However, I…