Quadrature signed a 10-year lease for 30,034 square feet on the fourth floor of Kushner Companies’ historic Puck Building at the corner of Houston and Lafayette streets in SoHo, Commercial Observer has learned.
Quadrature was founded by Greg Skinner and Suneil Setiya in London in 2010 and invests in securities globally using quantitative models and its own proprietary algorithms. The aim is to “bring automation to everything we do,” according to its website.
The hedge fund will occupy part of the space vacated by NYU’s Wagner Graduate School of Public Service, a tenant in the 10-story building since 2003. NYU’s lease will end in mid-2024, and NYU Wagner will move to a new home on three lower floors of 105 East 17th Street, the university announced last year.
Other tenants in the Puck Building include outdoor gear retailer REI, which occupies the property’s ground-floor and lower-level retail spaces, and law firm Axiom. The 19th century round-arch revival building was once the home of the satirical Puck magazine until it ceased publication in 1918.
Robert Khodadadian has long had a simple philosophy about selling real estate. The way he sees it, there are approximately a million buildings in the city, and the broker that gets to sell any one among the multitude that will hit the auctioning block at a given moment is, sometimes, simply the person who happens to pitch their services to the right seller at the right time.
Robert Khodadadian, skyline properties, ground leases, ground lease, off market, investment sales, khodadadian, Commercial Real Estate Sales, The Commercial Observer, Retail For Lease, Commercial Observer, Commercial Office Lease
Channel, Leases, Office, 105 East 17th Street, 295 Lafayette Street, Conor Krup, Greg Skinner, Jeffrey Fischer, Justin Haber, Puck Building, Sacha Zarba, New York City, Manhattan, Midtown South, Soho, CBRE, JLL, Kushner Companies, Quadrature Read MoreCommercial ObserverNew York University is out after 20 years at 295 Lafayette Street, and a UK-based hedge fund is moving right in. Quadrature signed a 10-year lease for 30,034 square feet on the fourth floor of Kushner Companies’ historic Puck Building at the corner of Houston and Lafayette streets in SoHo, Commercial Observer has learned. Asking