NEW YORK CITY-Meru Capital Partners, a hedge fund operator, has signed a three-year lease for the 17th floor of the Tony Plaza District building at 527 Madison Ave.
The asking rent was $85 per square foot with the 17th floor measuring 8,100 square feet. The firm had been subleasing the space for less than a year. Dan Madison of Newmark Knight Frank brokered the deal for Meru Capital. The owner of the tower was Mitsui Fudosan America. For the full story, go to Crain's NY Business.
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