Iconiq Capital, a San Francisco-based provider of wealth-management services to high net-worth clients, is more than doubling its Manhattan presence.
We’ve learned that the firm recently signed a hush-hush, long-term lease for 70,000 square feet at Boston Properties’ 360 Park Avenue South and will leave 30,000 square feet at 15 East 26th St.
It’s the first office lease at the 440,000 square-foot Park Avenue South building since Boston launched a $100 million redevelopment and repositioning of the 1913-vintage property, which it acquired in July 2021.
No further details were available. None of the brokers said to be involved — CBRE’s Jeff Fischer and Chris Corinet for Iconiq and CBRE’s Peter Turchin, Gregg Rothkin, Ross Zimbalist, Arkady Smolyansky, Trevor Larkin and Hayden Pascal — got back to us.
Downtown restaurateur James Kent’s SAGA Hospitality Group will launch a 7,000-square-foot eatery at 360 Park Avenue South as we first reported.
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