Rudin inks 6,440 s/f lease at 560 Lexington

Manhattan, NY Rudin, a full-service real estate organization and one of New York City’s largest private owners, operators and developers of real estate, has secured a new office lease with Ally Bridge Group at 560 Lexington, its 22-story, 380,000 s/f office tower in the heart of the Plaza District two blocks from Grand Central Terminal.

A global investment management firm that focuses on healthcare and life science innovation, Ally Bridge Group will relocate its U.S. headquarters to 560 Lexington beginning in the new year. The firm will occupy 6,440 s/f spanning a portion of the building’s 18^th floor as part of the 10-year 10-month lease. Ally Bridge Group’s new space has plentiful natural light and views of the Lexington Ave. corridor.

“Ally Bridge Group’s long-term commitment to 560 Lexington is a testament to the Plaza District and this building’s enduring allure for the global investment community,” said Kevin Daly, vice president of office leasing at Rudin.

Ally Bridge Group was represented by Sinclair Li, Conor Kenny and Connor DeSimone of CBRE. Rudin was represented in-house by Daly, in addition to the CBRE team of Peter Turchin, Brett Shannon, Eric Deutsch, Jacob Rosenthal and Lauren Levy.