The cryptocurrency company Digital Currency Group is relocating to 250 Park Avenue South.
The trading firm has signed a lease for about 12,000 square feet at the building, which the Feil Organization owns, according to Commercial Observer. Asking rent was in the high $60s per square foot, and the company will take up the entire fifth floor of the building.
Digital Currency Group will move out of its current home at 636 Avenue of the Americas and into its new office in the fall. The building stands 12 stories tall and spans 134,000 square feet.
Other tenants at 250 Park Avenue South include architecture firm ODA New York and Gramercy Park Digestive Disease Center. [CO] – Eddie Small