Manhattan land grab

Hedge funds snap up trophy real estate at still-distressed prices.

Lawrence Delevingne December 17, 2025

By Lawrence Delevingne Luxor Capital Group has quite the view. Since September this year, the hedge fund firm run by Christian Leone has occupied the entire 27th floor of the famously sloped Grace Building on 42nd Street in midtown Manhattan-some 30,000 square

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