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The retrenchment and space-shedding wave that’s swamping monetary and tech corporations hasn’t struck Two Sigma but.
The technology-driven hedge fund — which employs AI as a part of its buying and selling technique — quietly renewed on 260,000 sq. toes for seven extra years at 100 Sixth Ave., we’ve realized. The agency additionally has over 100,000 sq. toes at 101 Sixth Ave. subsequent door.
Nobody concerned would remark. Our supply stated the asking hire was $80 per sq. foot. The house owners of 100 Sixth are a three way partnership of Trinity Actual Property, Norges Financial institution Funding Administration and working associate Hines.
We’re informed that Cushman & Wakefield’s Peter Trivelas and Chris Helgesen represented Two Sigma, whereas Newmark’s David Falk and Peter Shimkin acted for the possession.
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