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The Largest Leases of 2021 for Financial Services Firms in Manhattan

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Lance Leighton

The Workplace is Still Showing Signs of Life and Recovery in New York City

In a market full of uncertainty, there is a looming thought amongst many contrarians that the “office is dead”.  However, despite this belief, New York City has seen major momentum in office leasing during the course of 2021.  Though many new leases were inked by smaller/boutique tenants in prime/trophy office buildings (which is a testament to the flight to quality concept), a notable number of hedge funds, private equity firms, investment banks and FinTech companies have committed/relocated to and renewed for larger workspaces for the foreseeable future.

Below are the 30 Top Office Space Leases signed in NYC during 2021.

Company NameAddressSquare FootageType of Lease
Chubb550 Madison Avenue+/- 240,000 sfRelocation
Credit Agricole1301 Avenue of the Americas+/- 170,000 sfRenewal
Houlihan Lokey245 Park Avenue+/- 150,000 sfRenewal
AXA Group1345 Avenue of the Americas+/- 122,000 sfRelocation
Jennison Associates55 East 52nd Street+/- 120,000 sfRelocation
Wells Fargo100 Park Avenue+/- 103,000 sfRenewal
Stone Ridge Asset Managaement1 Vanderbilt+/- 97,000 sfRelocation
Haven Life2 Park Avenue +/- 96,000 sfRelocation
CIBC300 Madison Avenue+/- 96,000 sfRelocation
Blackstone345 Park Avenue+/- 80,000 sfExpansion
ICapital Network60 East 42nd Street+/- 65,000 sfExpansion
Berenberg Bank AG1251 Avenue of the Americas+/- 61,000 sfExpansion
One Rock Capital Partners630 Fifth Avenue+/- 55,000 sfRelocation
New York Life120 Broadway+/- 54,000 sfRenewal
Owl Rock Capital399 Park Avenue+/- 49,000 sfRenewal
Robinhood413-435 West 14th Street+/- 49,000 sfRelocation
Arch Insurance Group1114 Avenue of the Americas+/- 44,500 sfRelocation
Lindsay Goldberg630 Fifth Avenue+/- 44,000 sfRenewal
Bregal Investments200 Park Avenue+/- 44,000 sfRelocation
TCW Group1251 Avenue of the Americas+/- 43,000 sfRenewal
SVP Leerink Holdings1301 Avenue of the Americas+/- 41,000 sfExpansion
Court Square Capital Partners299 Park Avenue+/- 40,400 sfRelocation
William Blair & Co.1166 Avenue of the Americas+/- 40,200 sfExpansion
Ares Management245 Park Avenue+/- 38,500 sfRenewal
Marshall Wace350 Park Avenue+/- 38,000 sfRenewal
MSD CapitalOne Vanderbilt+/- 36,000 sfRelocation
Man Group1345 Avenue of the Americas+/- 34,000 sfRelocation
Antin Infrastructure Partners1114 Avenue of the Americas+/- 32,000 sfRelocation
Zweig-DiMenna900 Third Avenue+/- 31,000 sfRelocation
Morse Towey and White Group300 Madison Avenue+/- 30,000 sfRelocation