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David Siegel’s Two Sigma Investments, a privately owned New York hedge fund sponsor, is adding another 47, 000 square feet to its current office space at Edward Minskoff’s EMJE real estate firm’s office building, located at 101 Sixth Avenue in Manhattan’s Hudson Square. This according to a report in The Real Deal.
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Two Sigma is expanding on the 60, 000 square feet in the building that it leased only last year to give it a total of 107, 000 square feet of space. The firm will now hold spaces on the building’s 15th and 17th floors, and pay more than $70 per square foot in rent. This will be in addition to the space it already had on the 20th and 23d floors.
Located in lower Manhattan, near Canal Street, the 23 story tower at 101 Sixth Avenue has a total of 435, 000 square feet of office space for rent.
Minskoff built the tower back in 1991 with his then partners the Andelax Group. At the time he only owned 31% of the property, but he bought out Andalex’s shares in 2011. He said that he wanted to attract clients form the entertainment, media and technology fields. Its other tenants include Genome Center and Regus.
Edward J. Misnkoff Equities was founded by Edward Miskoff in 1987. It owns, develops and manages institutional quality real estate in major urban centers. It professes to oversee all phases of its properties from planning to construction, and finally management.
A graduate of Michigan State University, Minskoff served as Chief Executive Officer and Principal of Olympia & York before he formed his own company.
Two Sigma Investments, LLC is a privately owned hedge fund sponsor. The firm primarily provides its services to pooled investment vehicles. It launches and manages hedge funds for its clients. The firm invests in the public equity and hedging markets across the globe. It employs a combination of quantitative and mathematical analysis to make investments. Two Sigma Investments, LLC was founded in 2001 and is based in New York City.
