Boehly’s Eldridge Signs Office Lease on NYC’s Billionaires’ Row

Todd Boehly’s Eldridge Industries is leasing space on Billionaires’ Row in Manhattan as tenants continue to show demand for high-end offices.

Eldridge, based in Miami, is taking roughly 20,000 square feet (1,858 square meters) at 125 W. 57th St., according to people with knowledge of the transaction. The new 30-story tower was co-developed by Cain, an investment manager backed by Eldridge.

Todd Boehly

Photographer: Lam Yik/Bloomberg

The price associated with the lease couldn’t be immediately learned. Some recent leases at the building have exceeded $300 a square foot, said one of the people, who asked not to be identified discussing the details. ...