Real Estate Weekly
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Deals & Dealmakers

Financial services firm KGS-Alpha takes 22,368 s/f at 521 Fifth Avenue

SL Green Realty Corp announced that KGS-Alpha Capital Markets, LP, an institutional fixed income broker-dealer, signed a new five year, 22,368 s/f headquarters lease for the entire third floor at 521 Fifth Avenue.

Photo via Compstak
Photo via Compstak

The financial firm will relocate from 601 Lexington Avenue.

“It was imperative that KGS-Alpha find a convenient location that would enable talent recruitment, easy access to public transport and be in close proximity to desirable amenities such as restaurants and retail. The Grand Central submarket fulfilled these requirements and SL Green’s ability to deliver a turn-key solution fortified KGS-Alpha’s choice,” said Jeffrey Peck, executive managing director of Savills Studley, who represented the tenant.

Daniel Horowitz and Chris Foerch of Savills Studley represented KGS alongside Peck.

The Cushman and Wakefield team comprised of Tara Stacom, Barry Zeller, Justin Royce, and Matthias Li, acted on behalf of the landlord.

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