Fintech Advisory has signed a 3,800-square-foot expansion on the 38th floor of RFR Realty’s Seagram Building at 375 Park Avenue, Commercial Observer has learned. The investment firm now occupies a total of 10,175 square feet at the trophy tower.
Founded in 1987 by Mexican financier David Martinez, Fintech specializes in corporate and sovereign debt and has been a tenant in the Seagram Building since 1994. As reported by Commercial Observer, Fintech signed a 10-year renewal for its existing 6,375-square-foot space late last year.
“375 Park Avenue has attracted the finest international investment and asset management firms,” said Steve Morrows, the director of leasing at RFR Realty, said in a prepared statement. “In addition to the building’s pedigree and history, RFR provides a level of services and amenities that match its prestige, creating an enduring address for global businesses.”
Designed by Ludwig Miles van der Rohe and Philip Johnson, the Seagram Building was completed in 1958. The tower, which was acquired by RFR Realty in 2000, is popular with financial services tenants and regularly commands rents in excess of $100 per square foot.
Winton Capital, a U.K.-based investment management firm, signed a 4,100-square-foot lease at the Seagram Building last month. The fund will occupy prebuilt space on the building’s 36th floor.
Fintech was represented by Eric Deutsch of CBRE.