{"id":262286,"date":"2026-06-10T19:47:08","date_gmt":"2026-06-10T19:47:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/262286\/"},"modified":"2026-06-10T19:47:08","modified_gmt":"2026-06-10T19:47:08","slug":"sports-investment-firm-dynasty-equity-takes-10k-sf-at-rudins-560-lexington-avenue-commercial-observer","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/262286\/","title":{"rendered":"Sports Investment Firm Dynasty Equity Takes 10K SF at Rudin\u2019s 560 Lexington Avenue \u2013 Commercial Observer"},"content":{"rendered":"<p><a href=\"https:\/\/commercialobserver.com\/company\/dynasty-equity\/\" title=\"Dynasty Equity\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">Dynasty Equity<\/a>, an international investment firm focused on the sports world, is kicking its New York City headquarters over to <a href=\"https:\/\/commercialobserver.com\/company\/rudin\/\" title=\"Rudin\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">Rudin<\/a>\u2019s 560 Lexington Avenue, Commercial Observer has learned.\u00a0<\/p>\n<p>Dynasty, which primarily invests in sports franchises, leagues and media businesses, inked a 9,910-square-foot lease on part of the sixth floor of the 22-story Midtown office tower at the corner of East 50th Street and Lexington, just two blocks east of St. Patrick\u2019s Cathedral, according to the landlord.<\/p>\n<p>SEE ALSO: <a href=\"https:\/\/commercialobserver.com\/2026\/06\/thai-restaurant-lease-321-west-51st-street\/\" rel=\"nofollow noopener\" target=\"_blank\">New Thai Restaurant to Open in 11K SF at 321 West 51st Street<\/a><\/p>\n<p>The deal represents a relocation for Dynasty, which will leave its current HQ about two blocks away at 280 Park Avenue.\u00a0<\/p>\n<p>\u201cWe are pleased to welcome Dynasty Equity to 560 Lexington,\u201d Kevin Daly, vice president of commercial leasing at Rudin, said in a statement. \u201cThis lease is a reflection of the momentum throughout the market, and specifically the tremendous demand we\u2019ve experienced for our prebuilt spaces and new amenity suite at the building.\u201d\u00a0<\/p>\n<p>The asking rent and the length of the lease were not disclosed. The average asking rent for office space in Midtown was $84.15 per square foot in May, according to the latest report from Colliers.\u00a0<\/p>\n<p>Daly represented Rudin in-house in the deal alongside Peter Turchin, Brett Shannon, Eric Deutsch, Jacob Rosenthal and Lauren Levy from <a href=\"https:\/\/commercialobserver.com\/company\/cbre\/\" title=\"CBRE\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">CBRE<\/a>. <a href=\"https:\/\/commercialobserver.com\/company\/newmark\/\" title=\"Newmark\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">Newmark<\/a>\u2019s Neil Goldmacher, Brian Goldman and Cooper Weisman represented Dynasty Equity. Newmark declined to comment.\u00a0<\/p>\n<p>Built in the 1980s, 560 Lexington Avenue\u2019s amenity space was recently renovated and now features a multipurpose conference room, a private meeting room, a lounge and an indoor and outdoor terrace with food and beverage options.\u00a0<\/p>\n<p>Some of the building\u2019s other tenants include <a href=\"https:\/\/commercialobserver.com\/2026\/05\/ally-bridge-group-lease-rudin-560-lexington-avenue\/\" rel=\"nofollow noopener\" target=\"_blank\">investment firm<\/a> Ally Bridge Group, <a href=\"https:\/\/commercialobserver.com\/2026\/03\/summittx-capital-lease-rudin-560-lexington-avenue\/\" rel=\"nofollow noopener\" target=\"_blank\">hedge fund<\/a> SummitTX Capital, and financial <a href=\"https:\/\/commercialobserver.com\/2026\/04\/marex-lease-rudin-560-lexington-avenue\/\" rel=\"nofollow noopener\" target=\"_blank\">services platform<\/a> Marex.\u00a0<\/p>\n<p>Amanda Schiavo can be reached at <a href=\"https:\/\/commercialobserver.com\/2026\/06\/dynasty-equity-lease-rudin-560-lexington-avenue\/mailto:aschiavo@commercialobserver.com\" rel=\"nofollow noopener\" target=\"_blank\">aschiavo@commercialobserver.com<\/a>.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"Dynasty Equity, an international investment firm focused on the sports world, is kicking its New York City headquarters&hellip;\n","protected":false},"author":2,"featured_media":262287,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[7612,75379,65454,66037,10002,75380,75381,92711,92712,2361,75,84,83,65461,9,24,63,2362,101817],"class_list":["post-262286","post","type-post","status-publish","format-standard","has-post-thumbnail","category-manhattan","tag-280-park-avenue","tag-560-lexington-avenue","tag-brett-shannon","tag-brian-goldman","tag-cooper-weisman","tag-eric-deutsch","tag-jacob-rosenthal","tag-kevin-daly","tag-lauren-levy","tag-leases","tag-manhattan","tag-manhattan-headlines","tag-manhattan-news","tag-neil-goldmacher","tag-new-york","tag-new-york-city","tag-nyc","tag-office-leases","tag-peter-turchin-channel"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/262286","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=262286"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/262286\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/262287"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=262286"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=262286"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=262286"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}