The firm expects to begin construction on the 58-story waterfront property this month.
Overcrowded trades by multimanager hedge funds are being seen as a threat.
An unnamed buyer will acquire the 17-story building at 625 Madison Ave.
New York needs leaders who don’t shy away from the thorniest problems, including the housing crisis, write the Crain's editors.
Max Pollack, the managing partner and cofounder of SoHo-based Matte, helped launch a new exhibition space in October.