KGS-Alpha: Broker-dealer inks 22K sf lease at SL Green's 521 Fifth Avenue

Broker-dealer KGS-Alpha Capital Markets is taking more than 20,000 square feet in SL Green Realty's 521 Fifth Avenue. The company inked a lease for 22,368 square feet at the 503-foot-tall office tower, formerly known as the Lefcourt Colonial Building. The asking rent was $70 per square foot, the New York Post reported. KGS is moving from its current location at Boston Properties' 601 Lexington Avenue, where it reportedly subleases about 30,000 square feet. Cushman & Wakefield's ... [more]