The Michael J. Fox Foundation Leases 68,958 Square Feet At 530 Fifth Avenue From Scott Rechler

The property involved in this transaction is an office asset located at 530 5th Avenue in Manhattan, which encompasses 68,958 square feet. The property serves as the new headquarters for The Michael J. Fox Foundation for Parkinson’s Research, indicating a strategic relocation from a larger space of 86,000 square feet previously occupied at 111 West 33rd Street.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not disclosed
• Address: 530 5th Avenue
• Market: Manhattan
• Landlord: Scott Rechler - RXR Realty & Sagehall
• Tenant: The Michael J. Fox Foundation for Parkinson’s Research
• Brokers: Paul Amrich, Neil King, Meghan Allen & Brooke Dewing - CBRE

This transaction highlights the involved parties, including Scott Rechler, representing RXR Realty and Sagehall as landlords, and The Michael J. Fox Foundation for Parkinson’s Research as the tenant. The brokerage team facilitating the lease consists of Paul Amrich, Neil King, Meghan Allen, and Brooke Dewing from CBRE, reflecting a collaborative effort in this significant deal.