Investment Manager Alphadyne Expands to 44K SF in FiDi


Alternative investment firm Alphadyne Asset Management is growing its offices at RFR Realty’s 17 State Street, a 42-story office tower that overlooks Battery Park and the New York Harbor.

The financial firm signed a 10-year deal to expand by 14,486 square feet to 43,872 square feet across three floors in the 550,000-square-foot tower, according to information from RFR. Asking rent in the transaction wasn’t clear. Alphadyne has occupied the 30th floor of the Emery Roth and Sons-designed tower since 2005.

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RFR also announced two smaller deals. Investment manager Arles Management leased a 4,318-square-foot prebuilt space. And real estate company RC BME Holdco took 5,042 square feet in a long term deal for a tower floor.

RFR’s AJ Camhi and Ryan Silverman, along with JLL’s Mitchell Konsker, John Wheeler and Clayton Kline represented the ownership in each of the deals.

“Bolstering and maintaining our tenant roster is of paramount importance to us, and we’re pleased that the building’s superior Downtown location – with stunning views and easy transportation – remain an attractive draw for such well-respected companies,” Camhi said in prepared remarks.  

Jason Schartzenberg of JLL represented Alphadyne, and Kirill Azovtsev and Dan Santagata, also of JLL, handled the transaction for Arles Management. Gary Kamenetsky and Joseph Joselit of CBRE represented RC BME Holdco. Spokesmen for JLL and CBRE didn’t immediately return requests for comment.