News: Brokerage

Rabina signs Texas Capital as new office tenant at 520 Fifth Ave.

Manhattan, NY Rabina, a NYC-based, family-owned real estate investment and development firm, said that Texas Capital, a full-service financial services firm, will be relocating to 520 Fifth Ave., the tallest mixed-use building on Fifth Ave. Texas Capital signed a lease for 6,697 s/f on the 28th floor.

Texas Capital will be joining a growing roster of tenants including Ancient, JAB Holding Co., and a NYC-based biotech hedge fund.

The leasing team for 520 Fifth Ave. includes JLL vice chairmen Benjamin Bass, Paul Glickman, and Frank Doyle; executive managing director Clark Finney; and senior vice presidents Harrison Potter and Robin Olinyk. Paul Ferraro, executive managing director and Matthew Livingston, director at Cushman & Wakefield represented Texas Capital in the deal.

“Texas Capital’s decision to relocate to 520 Fifth Ave. is a powerful endorsement of the vision we are realizing — establishing this address as one of New York’s premier business destinations,” said Josh Rabina, president and CEO of Rabina. 

“Once complete at the end of this year, the building will provide our office tenants with a best-in-class work environment — one designed not only to support business growth but also to embody the ambition and excellence that define Texas Capital as a leading financial institution.”

“Our move to 520 Fifth Ave. is reflective of our commitment to strengthening our growing presence at the heart of one of the world’s most influential financial markets,” said Rob Holmes, chairman, president & CEO of Texas Capital. “With its world-class design and unmatched location, this new office space will provide an exceptional experience for our clients and employees. We look forward to opening our doors to current and future clients in early 2026.”

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account