299 Park Ave./ Image credit: Brett Beyer 299 Park Ave./ Image credit: Brett Beyer

NEW YORK CITY—Bardin Hill Investment Partners signed a 12-year lease with Fisher Brothers for 28,045 square feet across the entire 24th floor at 299 Park Ave. Although the price was not disclosed, a source close to the deal tells GlobeSt.com that the asking rent was in the mid-$90s.

Founded in 1981, Bardin Hill specializes in credit strategies and event-driven equities. It manages approximately $10 billion in assets from its offices in New York, London and Luxembourg. In November 2019, the global investment management firm will relocate from its current offices at 477 Madison Ave., between E. 51st and E. 52nd streets, to the Park Avenue skyscraper which is located between E. 48th and E. 49th streets.

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Betsy Kim

Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.

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