Exclusive properties trending toward higher rents

The city’s two dozen most exclusive office buildings are racking up higher rents.

According to a new Hedge Fund Index compiled by a JLL team led by Cynthia Wasserberger, rents in half the buildings that attract financial and hedge funds have trended higher over the last six months.

Solow’s 9 W. 57th St. remains the priciest tower, with rents of $225 per square foot, with Leonard Stern’s 667 Madison next at $195 per square foot. RFR’s Seagram Tower at 375 Park and Lever House at 390 Park have asks of $170 per square foot.


Read more at the New York Post.