{"id":30848,"date":"2025-08-05T11:27:25","date_gmt":"2025-08-05T15:27:25","guid":{"rendered":"https:\/\/www.lee-associates.com\/new-york\/?p=30848"},"modified":"2025-08-05T13:16:57","modified_gmt":"2025-08-05T17:16:57","slug":"capital-fund-management-lease-510-madison","status":"publish","type":"post","link":"https:\/\/www.lee-associates.com\/new-york\/2025\/08\/05\/capital-fund-management-lease-510-madison\/","title":{"rendered":"Capital Fund Management Leases at 510 Madison Ave"},"content":{"rendered":"<p>Paris-based hedge fund Capital Fund Management (CFM) has signed a long-term lease for two full floors at 510 Madison Avenue, marking a major tenant win for landlord Boston Properties (BXP) as it continues to revamp the Midtown East office tower.<\/p>\n<p>The quantitative hedge fund, which manages over $19 billion in assets, will occupy the 28th and 29th floors, totaling approximately 23,000 square feet, with reported asking rents reaching $160 per square foot. CFM plans to relocate from the Chrysler Building to its new space in March 2026.<\/p>\n<p>CFM, which manages over <strong data-start=\"24\" data-end=\"39\">$19 billion<\/strong> in AUM and specializes in quantitative strategies, engaged <strong data-start=\"99\" data-end=\"123\">Lee &amp; Associates NYC<\/strong> for lease representation. The deal was handled by brokers <a href=\"https:\/\/s3.amazonaws.com\/buildout-production\/users\/28739\/bio.pdf?1754407405\"><strong data-start=\"182\" data-end=\"199\">Richard Plehn<\/strong><\/a> and <a href=\"https:\/\/s3.amazonaws.com\/buildout-production\/users\/43373\/bio.pdf?1727197551\"><strong data-start=\"204\" data-end=\"228\">Lisa Ann Pollakowski<\/strong><\/a> on behalf of CFM, while BXP\u2019s in-house team (led by Heather Kahn and Will Stark) managed the landlord side<\/p>\n<p><a href=\"https:\/\/commercialobserver.com\/2025\/08\/capital-fund-management-bxp-510-madison-avenue\/\">Read Full Article Here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Paris-based hedge fund Capital Fund Management (CFM) has signed a long-term lease for two full floors at 510 Madison Avenue, marking a major tenant win for landlord Boston Properties (BXP) as it continues to revamp the Midtown East office tower. The quantitative hedge fund, which manages over $19 billion in assets, will occupy the 28th and 29th floors, totaling approximately 23,000 square feet, with reported asking rents reaching $160 per square foot. CFM plans to&#8230;<\/p>\n","protected":false},"author":203,"featured_media":30297,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21,27,2],"tags":[],"class_list":["post-30848","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-office","category-press","category-press-releases"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.5 (Yoast SEO v28.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Capital Fund Management Leases at 510 Madison Ave<\/title>\n<meta name=\"description\" content=\"Capital Fund Management leases 23K\u202fsq\u202fft at 510 Madison Ave, relocating from Chrysler Building with March 2026 move-in planned.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.lee-associates.com\/new-york\/2025\/08\/05\/capital-fund-management-lease-510-madison\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Capital Fund Management Leases at 510 Madison Ave\" \/>\n<meta property=\"og:description\" content=\"Capital Fund Management leases 23K\u202fsq\u202fft at 510 Madison Ave, relocating from Chrysler Building with March 2026 move-in planned.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.lee-associates.com\/new-york\/2025\/08\/05\/capital-fund-management-lease-510-madison\/\" \/>\n<meta property=\"og:site_name\" content=\"Lee &amp; Associates New York City\" \/>\n<meta property=\"article:published_time\" content=\"2025-08-05T15:27:25+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-08-05T17:16:57+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.lee-associates.com\/new-york\/wp-content\/uploads\/sites\/42\/2024\/08\/Website-News-Tags4.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1667\" \/>\n\t<meta property=\"og:image:height\" content=\"1667\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Kas Xhakli\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Kas Xhakli\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/new-york\\\/2025\\\/08\\\/05\\\/capital-fund-management-lease-510-madison\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/new-york\\\/2025\\\/08\\\/05\\\/capital-fund-management-lease-510-madison\\\/\"},\"author\":{\"name\":\"Kas Xhakli\",\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/new-york\\\/#\\\/schema\\\/person\\\/41703dec08a71207097a3de765c4b952\"},\"headline\":\"Capital Fund Management Leases at 510 Madison Ave\",\"datePublished\":\"2025-08-05T15:27:25+00:00\",\"dateModified\":\"2025-08-05T17:16:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/new-york\\\/2025\\\/08\\\/05\\\/capital-fund-management-lease-510-madison\\\/\"},\"wordCount\":145,\"image\":{\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/new-york\\\/2025\\\/08\\\/05\\\/capital-fund-management-lease-510-madison\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.lee-associates.com\\\/new-york\\\/wp-content\\\/uploads\\\/sites\\\/42\\\/2024\\\/08\\\/Website-News-Tags4.jpg\",\"articleSection\":[\"Office\",\"Press\",\"Press Releases\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/new-york\\\/2025\\\/08\\\/05\\\/capital-fund-management-lease-510-madison\\\/\",\"url\":\"https:\\\/\\\/www.lee-associates.com\\\/new-york\\\/2025\\\/08\\\/05\\\/capital-fund-management-lease-510-madison\\\/\",\"name\":\"Capital Fund Management Leases at 510 Madison Ave\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/new-york\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/new-york\\\/2025\\\/08\\\/05\\\/capital-fund-management-lease-510-madison\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/new-york\\\/2025\\\/08\\\/05\\\/capital-fund-management-lease-510-madison\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.lee-associates.com\\\/new-york\\\/wp-content\\\/uploads\\\/sites\\\/42\\\/2024\\\/08\\\/Website-News-Tags4.jpg\",\"datePublished\":\"2025-08-05T15:27:25+00:00\",\"dateModified\":\"2025-08-05T17:16:57+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/new-york\\\/#\\\/schema\\\/person\\\/41703dec08a71207097a3de765c4b952\"},\"description\":\"Capital Fund Management leases 23K\u202fsq\u202fft at 510 Madison Ave, relocating from Chrysler Building with March 2026 move-in planned.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/new-york\\\/2025\\\/08\\\/05\\\/capital-fund-management-lease-510-madison\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.lee-associates.com\\\/new-york\\\/2025\\\/08\\\/05\\\/capital-fund-management-lease-510-madison\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/new-york\\\/2025\\\/08\\\/05\\\/capital-fund-management-lease-510-madison\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.lee-associates.com\\\/new-york\\\/wp-content\\\/uploads\\\/sites\\\/42\\\/2024\\\/08\\\/Website-News-Tags4.jpg\",\"contentUrl\":\"https:\\\/\\\/www.lee-associates.com\\\/new-york\\\/wp-content\\\/uploads\\\/sites\\\/42\\\/2024\\\/08\\\/Website-News-Tags4.jpg\",\"width\":1667,\"height\":1667},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/new-york\\\/2025\\\/08\\\/05\\\/capital-fund-management-lease-510-madison\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.lee-associates.com\\\/new-york\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Capital Fund Management Leases at 510 Madison Ave\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/new-york\\\/#website\",\"url\":\"https:\\\/\\\/www.lee-associates.com\\\/new-york\\\/\",\"name\":\"Lee &amp; 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