Global financial platform Marex is on the move. The firm will leave 2 Grand Central Tower for Rudin’s 560 Lexington Ave., where it will have 39,552 square feet. The asking rent was $84 per square foot.
Marex was represented by JLL’s Matthew Astrachan, Seth Godinck and Krissy Kopans. The landlord was repped by CBRE’s Peter Turchin, Brett Shannon, Eric Deutch and Jacob Rosenthal.
Marex’s former space at 2 Grand Central will be put up for sublease as part of an 80,000 square-foot block. The tower is now owned by Sovereign Partners.
The first quarter saw strong office leasing in all submarkets, JLL reported. Overall Manhattan vacancy of 13.5% was down 2.2% year-over-year. Leasing volume for the first three months of 2026 hit 8.5 million square feet.
Asking rents rose in the first quarter 3.35% year-over-year, according to JLL. The overall ask averaged $85.31 while direct Class-A rents averaged $95.49 per square foot.
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