Lease Beat

Real Estate and Venture Capital Firm Renews in Midtown

505 Fifth Avenue

This private holding company is holding onto its space.

Corigin Holdings, the parent company of real estate developer and operator Corigin Real Estate Group and tech startup investor Corigin Ventures, signed a five-year and two-month deal to remain in its 10,586-square-foot headquarters on the entire 22nd floor of Axel Stawski‘s 505 Fifth AvenueCommercial Observer has learned. The tenant agreed to an early renewal, according to a person familiar with the matter. Read More

Fifth Avenue Still on Top, Despite What Study Shows

Joe Sitt, of Thor Equities.

Fifth Avenue’s drop from the top spot of Cushman & Wakefield’s list of the world’s most valuable shopping destination has more to do with surging rental rates in Hong Kong than it does a loss of value here in New York. That city’s Causeway Bay now holds the distinction of being the most expensive strip Read More