News: Brokerage

Hex Technologies signs 12,000 s/f lease at The Feil Organization’s 250 Park Ave. South

Manhattan, NY The Feil Organization made known that Hex Technologies has signed a five-year, 12,000 s/f lease at 250 Park Ave. South. The San Francisco-based AI company will occupy the entire seventh floor of the Flatiron District office building.

The Feil Organization was represented in-house by Andrew Wiener, Robert Fisher and Henry Korzec. Hex Technologies was represented by Avison Young senior director Peter Johnson and senior associate Alexa Damon.

“Hex Technologies’ commitment to 250 Park Avenue South demonstrates the building’s quality and appeal to a diverse tenant roster,” said Wiener, head of commercial leasing at The Feil Organization. “Our continued focus on creating spaces that offer stability and efficiency enables us to support organizations’ long-term growth and success, and we look forward to welcoming Hex to the building.”

“As Hex continues to invest heavily in its NYC people and operations, our new NYC office at 250 Park Ave South provides our team with a central location that will allow us to attract and retain talent, across all job functions, as we continue to scale the business,” said Barry McCardel – CEO and co-founder at Hex Technologies. “Avison Young’s proactive, hands-on approach, allowed Hex to find a space and building that aligned with our teams unique culture, future growth plans, and our operational needs. We are thrilled to call 250 Park Ave. S. the next home of Hex NYC.” 

Constructed in 1911 and designed by Rouse & Goldstone, a historic New York architectural firm, 250 Park Ave. South is a 12-story, Class A office building located in the Flatiron District. The 130,000 s/f Neo-Gothic building offers access to the neighborhood’s offerings, including dining destinations such as Old Town Bar and Restaurant and Shake Shack, as well as key landmarks like the Gramercy Park Hotel, Union Square Park and Madison Square Park. The building is located near major transit lines, including the 23rd St. and 14th St. subway stations.

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